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Newcastle College has saved hundreds of jobs at training group Carter & Carter (CART), which went into administration earlier this month. It has bought ‘significant parts’ of the trading business at an undisclosed price. While this should protect many of those already undertaking apprenticeships and other training courses, it still leaves shareholders in Carter & Carter out of pocket. The company’s main market listing was cancelled on Tuesday. The administrators warned last week that shareholders were unlikely to see any return despite talks to secure the ‘ongoing survival’ of the group’s businesses.