MORE than £300,000 has been wiped off the value of a charitable trust connected to the Royal Liverpool Hospital. The losses were incurred after the fund started investing in construction firms shortly before the global credit crunch. Royal Liverpool and Broadgreen Hospital Trust bosses are now deciding whether to carry on trading in the share market. Reports released by the Trust show that the value of its shares portfolio fell £316,000 towards the end of last year as the credit crunch took effect.
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Credit crunch hits Royal Liverpool Hospital charity trust - Liverpool Echo 4th April 2008
Monday, April 07, 2008
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