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David Cameron defends decision to give £3m to Kids Company

David Cameron has defended the decision to give a £3 million Government grant to Kids Company against the advice of civil servants, insisting it was the "right thing to do" to give the charity "one last chance".

The charity was forced to shut its doors on Wednesday after funding ran out, amid allegations of financial mismanagement, which it denies.

Kids Company workers and supporters marched to the gates of Downing Street on Friday protesting the closure of the charity.

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Alan Yentob: Kids Company allegations are 'smears'

Alan Yentob, the BBC executive who was chairman of Kids Company, has strongly denied allegations of financial mismanagement at the failed charity.

Speaking to ITV News, Mr Yentob said the allegations were "smears" that were "unsubstantiated" and had been dismissed by the Charity Commission.

He said the reason for the charity's demise was that it had taken on too much "at a difficult time".

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