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Peel Holding getting subsidy yet again

anon | 20.07.2011 11:28 | Liverpool

The opening of the new museum on Mann Island will mean that Peel Holding will receive an annual ground rent estimated at £2m although the exact figure is highly secret (because we're a democracy).

This money will be paid by the tax payer with a grant from central government and an additional amount (also secret) from Liverpool City Council- at a time of cuts in health and elderly care- Peel Holdings manage to sponge yet more tax payer cash for doing nothing and investing zero themselves!
To add insult to injury the owners od the Dock buildings will receive £360k annually in compensation for having their view of the river view restricted!
If this was Italy people would scream corruption- but we're here and it's a democracy so all is silent!

anon