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Northern Rock Foundation increases grant spending
By Helen Warrell, Third Sector Online, 17 March 2008
The Northern Rock Foundation has announced a new budget of £11m for 2008 - a £4m increase on last year's cautious spending plans.
The announcement comes after last month’s decision by Chancellor Alistair Darling that the foundation would receive an annual income of £15m over the next three years as part of the Northern Rock bank’s nationalisation deal ( Third Sector Online , 18 February). In the first spending round for this year,...
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