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HARROGATE SEEKS CASH GUARANTEES FOR GROUNDS MAINTENANCE CONTRACT

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Harrogate councillors are seeking cash guarantees after a company which is believed to have suffered losses in one ...
Harrogate councillors are seeking cash guarantees after a company which is believed to have suffered losses in one of its divisions was awarded a second ground maintenance contract, reports The Yorkshire Post (p16).

The firm, Brophy, is believed to have lost £2.46 million in 1991-2 and 1992-3. The losses were accrued by the company's construction and landscaping arm, which no longer operates. But councillors are worried there might be a knock-on effect, says the paper.

Harrogate BC's finance director John Sowden is to urge the council to seek indemnities from Thames Water, which has a 60 per cent stake in Brophy.
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