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…