The mention of this word will be distressing to anybody who fears they may be affected but I'd appreciate a bit of clarification of its mention in this context. I would assume that anybody recruited for a specific externally funded contract would have an employment contract matched to the terms of the funding contract. How does the question of funding redundancies arise? I see that in the rest of the post from which I have selectively quoted post parts of the organisation seem to be taken together.David Cox wrote:... and fund redundancies if needed.
My question is: Since the Limited Company cannot profit financially from any surplus on these contracts made by the Charitable Trust, is the Limited Company protected from any costs, or is it liable for them? (Simon L6's question abouit the bridging loan may have something to do with this.