Future of building society thrown into doubt after it is landed with £2m court bill
Manchester Building Society has been told it will have to pay almost £2m in court costs in relation to a case involving accountancy firm Grant Thornton.
The building society was awarded damages of £335,727 following the original High Court Case but was warned to expect a bill for court costs.
This afternoon it was announced the building society will have to pay costs of £1.97m by the middle of next month.
There are concerns for the long-term prospects of the building society following the announcement.
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