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Bank Failures in Iceland Cause UK Council
To Delay Funds for Genome Analysis Center

[October 20, 2008]

By Alex Philippidis

The Norfolk County Council last week postponed to November its plan to award a £1 million grant toward the center — which would be the first of its kind in the UK — after it learned how much of a £32.5 million investment in three failed Icelandic banks it will lose.

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