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More funding is expected to be announced in the coming weeks to help the NHS achieve this but the health secretary warned the Welsh government would seek to claw back additional funding from health boards who fail to meet their targets.

"If they can grow the parcels business and claw back market share, there is every chance that they can add new jobs that could offset the reduction in jobs in the declining letters business," says Mr Paterson.

Legal experts said there was little precedent for Hochman to try to claw back Gascón’s motion, though he has every right to add his own position to the record.

McMahon’s March 28 letter, sent to school districts around the country, was one of the latest moves by the Trump administration to eliminate or claw back federal funding previously allocated to the states — part of a wider effort by the administration to eliminate what it calls waste, fraud and overspending by a bloated federal government.

The prospect of negotiations between the US and Japan seemed to buoy investors who were fighting to claw back some of the losses of recent days.