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#1053033 27th Feb 2018 11:10am
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The wirral Waters one proposal is a joint venture between The Council and land owners Peel Holdings and includes The Legacy Foundation (£100,00 in the first year).
I was under the immpresion the cash strapped asset rich council would provide land and the likes of Peel the cash.

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dustymclean #1053036 27th Feb 2018 1:48pm
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Peel don't spend their own money, the land was virtually given to them when they took over the Mersey Docks and Harbour Board/Company.

The pre-development costs are often provided by council and various grants. They are renowned for raking money out of councils then doing virtually nothing or worse still the Council have spent so much money that there is no return and Peel start making demands or different plans that the Council daren't turn down. Peel and Salford Council are at near permanent war after tactics that appeared that way.

As with most developers/builders, they don't build until they have firm buyers or leasers unless its a certain profit maker.

It amazes me that firms that operate heavy tax avoidance are allowed to be given grants, they rake the money in both ways.

HERE is one of many articles on them.


There's a real danger that the left will drag Britain back to the 1970s, with secure well-paid jobs, ample housing, properly-funded NHS and social care, free tuition, student grants, final salary pensions, affordable rail fares and fabulous films and music. David Osland 2025

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dustymclean #1053037 27th Feb 2018 2:08pm
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On BBC News last night:

Cabinet backs plan for 'Wirral Waters One' housing development
http://www.wirralglobe.co.uk/news/1..._Wirral_Waters_One__housing_development/

dustymclean #1053042 27th Feb 2018 3:50pm
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With reference to your link DD . You can just see all these dodgy links and practices being looked at with pseudo astonishment by the powers that be in the future when one way or another , chickens one day come home to roost big time. Why is Karma always on the slow bus.

dustymclean #1053050 27th Feb 2018 9:02pm
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dustymclean #1053053 27th Feb 2018 9:20pm
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Originally Posted by dustymclean



It was declared the other day (very quietly) that even this small deal has fallen through. They were warned by numerous people that Stella Shiu and the Sam Wa company were very dodgy. Even Private Eye has looked into them a few times and found no money of substance.

HERE


There's a real danger that the left will drag Britain back to the 1970s, with secure well-paid jobs, ample housing, properly-funded NHS and social care, free tuition, student grants, final salary pensions, affordable rail fares and fabulous films and music. David Osland 2025

We don't do charity in Germany, we pay taxes. Charity is a failure of governments' responsibilities - Henning Wehn

https://ddue.uk
dustymclean #1053055 27th Feb 2018 9:28pm
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Smartchild
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Just found out the link is old news, but interesting reading and an insight of The Councils business acumen.

diggingdeeper #1053063 28th Feb 2018 10:50am
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Originally Posted by diggingdeeper
It was declared the other day (very quietly) that even this small deal has fallen through. They were warned by numerous people that Stella Shiu and the Sam Wa company were very dodgy.


Sadly this isn't an isolated case. There have been stalled or failed Chinese investments in Liverpool and Sheffield too.


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