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| Cancer hospital to get back £6.5m | Cancer hospital to get back £6.5m |
| (2 days later) | |
| The Christie cancer hospital in Manchester is to get back £6.5m which it lost during the Icelandic banking crisis, hospital bosses have revealed. | The Christie cancer hospital in Manchester is to get back £6.5m which it lost during the Icelandic banking crisis, hospital bosses have revealed. |
| The money was lost when the bank Kaupthing Singer and Friedlander (KSF) collapsed last year. | The money was lost when the bank Kaupthing Singer and Friedlander (KSF) collapsed last year. |
| Last month charity workers, cancer patients and their families took a petition with 100,000 signatures to Downing Street to lobby the government. | Last month charity workers, cancer patients and their families took a petition with 100,000 signatures to Downing Street to lobby the government. |
| The money will to be paid back by the government through the NHS North West. | The money will to be paid back by the government through the NHS North West. |
| The funds had been raised by volunteers and charity workers. | The funds had been raised by volunteers and charity workers. |
| We have always been determined not to rest until this money was returned to us Caroline Shaw, chief executive of The Christie | We have always been determined not to rest until this money was returned to us Caroline Shaw, chief executive of The Christie |
| The charity generates about about £13m each year to help pay for extra patient services and research. | The charity generates about about £13m each year to help pay for extra patient services and research. |
| Caroline Shaw, chief executive of the Christie, praised the "fantastic support" the centre had received since it launched a campaign to recoup the lost money. | Caroline Shaw, chief executive of the Christie, praised the "fantastic support" the centre had received since it launched a campaign to recoup the lost money. |
| She added:"We have always been determined not to rest until this money was returned to us." | She added:"We have always been determined not to rest until this money was returned to us." |
| The Withington-based hospital had applied for a judicial review of the decision after the Financial Services Compensation Scheme (FSCS) turned down its claim in March. | The Withington-based hospital had applied for a judicial review of the decision after the Financial Services Compensation Scheme (FSCS) turned down its claim in March. |
| Louise Hadley described her reaction to the news | Louise Hadley described her reaction to the news |
| A month later a government committee recommended that charities should be compensated for money lost in the Icelandic banking collapse. | A month later a government committee recommended that charities should be compensated for money lost in the Icelandic banking collapse. |
| Ms Shaw added: "Last week our papers were filed in the High Court, but in view of this cash offer we have agreed to withdraw legal proceedings." | Ms Shaw added: "Last week our papers were filed in the High Court, but in view of this cash offer we have agreed to withdraw legal proceedings." |
| The money will now be paid back by the regional strategic health authority. | The money will now be paid back by the regional strategic health authority. |
| Mike Farrar, chief executive of NHS North West, said: "Having such an important cancer centre potentially compromised in such an unprecedented event moved us to look at how we could help." | Mike Farrar, chief executive of NHS North West, said: "Having such an important cancer centre potentially compromised in such an unprecedented event moved us to look at how we could help." |
| Hospital chiefs had always maintained no jobs would be affected by the loss of money but had said it could have threatened future research or plans for new buildings. | Hospital chiefs had always maintained no jobs would be affected by the loss of money but had said it could have threatened future research or plans for new buildings. |
| The Christie has an annual budget of £153m and treats more than 40,000 patients. | The Christie has an annual budget of £153m and treats more than 40,000 patients. |