FINANCE

Redcar receives £3.7m Government bailout

The Government has agreed to pay Redcar and Cleveland BC £3.7m in ‘exceptional financial support’ following last year’s ransomware attack.

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By Martin Ford | 08 April 2021

The Government has agreed to pay Redcar and Cleveland BC £3.7m in ‘exceptional financial support' following last year's ransomware attack.

The grant will be used to cover recovery costs incurred in the past 12 months.

Martin Ford

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Martin Ford

Popular articles by Martin Ford

  1. Council issues formal complaint over public interest report
  2. Councils call on Government to 'back up its rhetoric' on devolution
  3. Homelessness surge driving councils' housing costs
  4. The devo debate
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