Interesting piece on the star follow the link for the full picture.

HOW THE PUBLIC PAID FOR PEEL HOLDINGS SALFORD MEDIACITYUK

Star date: 18th January 2012

A Salford Star Exclusive

HOW PEEL HOLDINGS HAS CASHED IN ON MEDIACITYUK – WITH PUBLIC MONEY

As Peel Holdings records profits of £55million, Salford Star reveals the huge amounts of public money that have been sunk into MediaCityUK, virtually covering all of Peel’s £490million costs on the development.

Meanwhile Salford Council has waved its financial contribution policies on the site which remains in private hands, with Peel’s private security company ejecting anyone it feels like…

Full details here…

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By mole45

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