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THE END OF SALFORD WORLD AS BEXLEY SQUARE AND AIRPORT FLOGGED
 

Star date: 21st December 2012

BEXLEY SQUARE TOWN HALL AND MANCHESTER AIRPORT FLOGGED OFF

The end of Salford's world is nigh as more and more of the city gets sold off or demolished. This week, in secret, Salford Council has agreed to `dispose' of the listed former Town Hall building at Bexley Square, while joining nine other Greater Manchester councils in flogging off some of its stake in Manchester Airport - to Australian finance speculators, we believe…

Full details here…


Battle of Bexley Square Plaque Salford Mayor Ian Stewart speaks at May Day Rally 2012 Salford Mayor Ian Stewart speaks at May Day Rally 2012
Langworthy Hotel Demolition March 2012 Lower Broughton Blitzed December 2012 Lower Broughton Blitzed December 2012
The Willows reduced to rubble December 2012 Salford Market Bulldozed Feb 2012 Salford Quays Cargo Cranes to be demolished in 2013
Salford Town Hall `disposal' notice
click image to enlarge

Talk about pre-Christmas sales… This week Salford Council has agreed to `dispose' of the old Town Hall in Bexley Square, plus four other parcels of land and buildings around Eccles, Walkden and Broughton (see here) - whilst  joining up with nine other Greater Manchester councils to flog a huge slice of Manchester Airport.

The old Salford Town Hall and former Magistrates Court in Bexley Square now looks destined to become a block of flats or something. The decision was taken yesterday, in secret, as `Disclosure of terms would prejudice the ability to conclude the transaction and disclose financial affairs of the parties'.

So we don't even know the destiny of one of the city's most iconic buildings - and whether the now annual May Day Rally (at which Salford Mayor Ian Stewart appeared last year) and Battle of Bexley Square commemorative days will be able to go ahead, as the building is to be privatised.

Meanwhile, two days ago, with no call-in or scrutiny allowed, the go ahead was given, behind closed doors, to sell a bundle of Salford Council's shares in Manchester Airport.

Currently, Manchester Airport is owned by the ten local councils of Greater Manchester, with Manchester Council having a 55% stake and the other nine councils splitting the remaining 45%, with a 5% share each.

The proposal was to flog off 35% of the shares to Australian finance speculators, Industry Funds Management (IFM) - not to offset the horrendous cuts in public services but to finance a takeover of Stansted Airport…

….Or, as the Council's decision notice states, "The Strategy recognised that in order to ensure long term economic growth, there would be benefits in progressing a number of potential changes to the existing arrangements of MAG [Manchester Airport Group] which would allow access to greater funding and expansion of MAG.

According to previous reports obtained by Salford Star, Salford's share in the Airport will reduce from 5% to 3.3%. The Council used to earn £1million a year from the Airport but now the income figure is unknown as the deal is being done in secret and presented as a fait accompli.

The Council decision adds that "In order to secure financial growth in the Airport Group, a Strategy had been developed by MAG alongside independent consultants. The aim of the Strategy is to deliver maximum value, growth and profitability in the interests of all existing shareholders." Although there's no public justification for this.

The `Strategy will also, no doubt, deliver `maximum value, growth and profitability' for the Manchester Airport Group's fat cat executives, including Executive Director Charlie Cornish who more than doubled his pay package last year to £480,000 in `emoluments' - including a £55,000 `incentive', a £15,000 `car/fuel card cash alternative' and £4,000 `benefits in kind'.

Fellow director Penny Coates received a £111,000 `incentive' as part of her total £283,000 package, and director Neil Thompson a £22,000 `incentive' as part of his £233,000 package (see Salford Fat Cats – click here).

With the Airport shares flogged, the old Salford Town Hall sold, the Quays Cargo Cranes to be demolished, Lower Broughton being blitzed and the likes of Salford Market, The Willows and the Langworthy Hotel reduced to rubble, the end of the Salford world as we know it is well nigh…

wrote
at 3:16:21 AM on Friday, December 28, 2012
R.I.P SALFORD
 
Insider wrote
at 2:34:46 AM on Monday, December 24, 2012
This site is the only true opposition to the idiots that run Salford in the guise of a council. When is the Mayor going to explain why we are still paying Scary Spicer a vast sum for doing the same job as him? Why are we still paying for a ceremonial Mayor? Whys is Lancaster allowed to ruin this city> when are the 12 assistants mayors going to stand up and be counted?
 
mary ferrer wrote
at 7:56:01 AM on Sunday, December 23, 2012
If this Council didn't give cause for criticism then they would be left in peace.But Marc Davies they do give cause for criticism and concern. Too many decisions made behind closed doors.There is little opposition,the Conservatives as far as I can see are never involved in any major decisions made by this Labour council so its a case if they want it they get it.They are selling or giving away our history and heritage. They say they consult with the residents of Salford but they never listen to the residents of Salford,so you carry on Salford Star you keep telling it like it is and Mr Davies, you keep burying your head in the sand.
 
Uncle Fred wrote
at 4:22:06 PM on Saturday, December 22, 2012
Whilst i have no problem with the council flogging our share of MAG i do have a problem with it being done behind closed doors with no call-in or scrutiny allowed, i would also like to know if they are to be paid full market value for it which i suspect is maybe not the case hence the closed door policy. I believe this could be yet another Salford "Las Vagas" council gamble with them being told "release part of your stock and we will make your remaining share worth more than the value you have now", maybe they could invest what cash they do get from reducing their holding on gambling help services and put themselves at the top of the list as they clearly have a problem.
 
Nachtschleper wrote
at 4:21:26 PM on Saturday, December 22, 2012
Because they are our assetes & nobody asked us. Get it? Or are you to far up somebody's arsehole or just too fucking thick.
 
Do they actually own it? wrote
at 4:21:15 PM on Saturday, December 22, 2012
Do the clowncil own the former town hall/mags court? If they do why is a decision notice dated 20/07/2010 signed by Cllr Lancaster on the clowcil website. It says that "hereby approve the payment of a service charge in respect of the City Councils occupation of accommodation at the former Salford Town Hall, Bexley Square," do they pay charges to occupy their own properties? It is also interesting that all the decision notices i looked at that were approved in the last few years were all signed by Cllr Lancaster, that sort of proves the point many have said, HE does run the city the rest are just puppets!
 
wrote
at 4:19:36 PM on Saturday, December 22, 2012
if we desperately need to save money then let's start with the chauffeur driven limo that salford has got, then maybe 2/3rds of all councillors, 1 per ward, seeing it was this lot that put salford in the mess it's in. get rid of any job with a salary of more of £50.000pa i.e spicer,merry and co, all deputy mayor's, this is just Ian Stewart protecting his own arse, in a couple of years when he is found out to be incompetent he's got a number of other mayors to fall back on to blame for the mess.ps been reported on radio salford reds has cancelled a prearranged friendly match, and are all so in court next week for a winding up order, so what's going to happen to the money we have put in? salford tax payers get screwed again.
 
Bert Davis wrote
at 4:10:20 PM on Friday, December 21, 2012
Do you enjoy council ' work ' ? Whose pocket are you in ? You are in the minority in the Big Asset Sell- Off . This cretinous clowncil DO NOT represent this city .
 
Ann Wheatley wrote
at 11:30:29 AM on Friday, December 21, 2012
Salford Council !!!! From 1960 onwards Salford City Council _ Yes we are a City ! Have decimated defaced and systematically tore apart this much loved city ! Salford Town Hall (as it was) is probably one of the only decent buildings left in Salford. SHAME on you Salford Council.
 
Marc Davies wrote
at 11:29:55 AM on Friday, December 21, 2012
why not sell off our assets? Why keep buildings empty when they can be sold off, and yes, I would love to buy a flat on Bexley Square! Why not give us some of the good news that comes from Salford? All the work NASA is doing here, the free nursery places for all kiddies in Salford, the investment that is coming into Salford? Oh yes, this is the Salford bashing site isnt it...snooooooooooze!
 
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