I've name-changed for this as I don't wish to be identified in RL.
So I work for a quango. A few years ago they started a relocation process from London to the west Midlands. This was completed, after great expense (including a brand new spanking building, pay-offs to people who had worked there for years, a generous relocation allowance to those going with the company and much hoop-la at the city's council to which it was moving) this February. And now it's been closed down by the government.
This may sound naive, but how does making 400 people redundant after spending millions of public cash, in a city that was pretty depressed economically anyway, actually kick-start the economy? And yes, I am feeling bitter today.