Sam Clayden 03 June 2016

Failed joint venture to cost Lancashire £500,000

Lancashire County Council will write off £500,000 after a joint venture it invested in folded.

The Via Partnership – trading as Connexions – went into administration in December after 'losing a major contract'.

Blackpool and Blackburn with Darwen Councils also helped fund the careers advice and training firm.

A statement from Lancashire CC said: 'When issues with the company's cash flow became evident, the county council, along with the company's other shareholders, actively explored the options for a management buyout or sale to a third party.

‘It only became clear in early December last year that there was no realistic prospect of a sale of the company, at which point the decision was taken to place Via into administration.’

SIGN UP
For your free daily news bulletin
Highways jobs

Highly Specialist Clinical Psychologist

Oxfordshire County Council
£62215 - £72293
How about joining The Clinical Team at Oxfordshire County Council in our new Community Family Clinic initiative? Oxford
Recuriter: Oxfordshire County Council

Traffic Management Officer - WMF2114e

Westmorland and Furness Council
£37,035 - £37,938
Are you an experienced and motivated professional looking to take the next step in your traffic management career? Cumbria / Various
Recuriter: Westmorland and Furness Council

Peripatetic Support Assistant

Wakefield Council
£16,415.00 - £16,675.23 Grade 4, 24.5 hours, Permanent
Are you caring, compassionate, and friendly? Wakefield, West Yorkshire
Recuriter: Wakefield Council

Peripatetic Support Assistant

Wakefield Council
£14,070.00 - £14,293.05 Grade 4, 21 hours, Permanent
Are you caring, compassionate, and friendly? Wakefield, West Yorkshire
Recuriter: Wakefield Council

Recruitment Support Officer

Durham County Council
£25,584 to £27,711 p.a. (Grade 5) pay award pending
We are looking for a Recruitment Support Officer to join our team on a temporary basis until 31 March 2026. In this role, you will provide a comprehe Spennymoor
Recuriter: Durham County Council
Linkedin Banner