Troubled training provider wins last minute funding reprieve
Learndirect, the troubled training provider that has a support centre in Leicester, has reportedly won a last-minute reprieve from its lenders after a troubled summer.
Reports from Sky News says the firm, which moved to Colton Square in Leicester in 2010 and created around 250 jobs and provides training services for the D2N2 LEP, had been rocked by a damning Ofsted report, which called the £171m-turnover company "inadequate".
Sky News says that a syndicate that includes Lloyds Banking Group and Royal Bank of Scotland has agreed... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
