The Trustees of the Jimmy Savile Stoke Mandeville Hospital Charitable Trust have released a statement on their website saying that "Jimmy's charitable trust will live on as he wished".
It's understood that the charity's funds are to be redistributed as it closes because of the association with the former BBC presenter.
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Philippa has Monday's weather for the east
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Armed siege around property began just after 4pm this afternoon. A man, reported to be aged 72, is in the building and said to be armed