Pounds 3m Grant to Bank in Return for Jobs Boost

Daily MailDecember 01, 2006

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Summary


ONE of the world's wealthiest investment banks has been handed Pounds 3million of taxpayers' money by Scottish ministers.

JP Morgan, which has assets worth Pounds 662billion, has been given the cash to bring up to 200 jobs to Glasgow over the next two years.

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Pounds 3m Grant to Bank in Return for Jobs Boost

The funding equates to Pounds 15,000 per job an amount it would take the massive U.S.based firm only 69 seconds to earn i...

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