Local business support company set to fold

A successor to the  Business Link organisation which provided support for companies throughout North Yorkshire is set to fold.

It was renamed YNY Ltd a few years ago but has declined in significance as Local Enterprise Partnerships began to grow.

At one point Business Link Yorkshire had employed over 400 people.

YNY had a turn over of only a few hundred pounds when its last annual accounts were published. It has no staff and no identified capital assets.

The York Council is set to formally resign from the organisation in July

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