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Last Modified: 11 Oct 2008
Source: PA News

One of the UK's leading cancer treatment centres has revealed it could lose £7.5 million as more casualties of the Icelandic banking system's meltdown emerged.

The Christie NHS Foundation Trust, in Manchester, said the bulk of the money - £6.5 million - was made up of charity donations while the remainder deposited with Kaupthing Singer & Friedlander had come from the NHS.

The money had been put aside to fund research and service improvements in the next five years, the trust said in a statement last night.

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