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SALFORD COUNCIL HANDS PEEL GROUP £2.7MILLION IN ONE MONTH
 

Star date: 16th July 2013

PEEL CASHES IN ON MORE SALFORD COUNCIL HANDOUTS

The Peel Group received over £2.7million from hard up Salford City Council in just one month this year. The payments for `miscellaneous grants' and `office expenditure' were paid out during May to Peel Media Ltd, the company that runs MediaCityUK,  and Peel Investments (Intermediate) Ltd - the company that runs, well, no-one knows…

Full details here…


The Peel Group got another massive hand out of public money from Salford Council in May this year, latest figures reveal…

Peel Media, the company that runs MediaCityUK, in one month received three payments for `offices' totalling £61,813.99 – thought to be for space at the Greenhouse and The Landing.

Meanwhile, Peel Investments (Intermediate) Ltd, received two payments of £1,140,947 and £1,522,143, totalling £2.663million in May. This comes on top of `miscellaneous grant' payments to the same company of £1.744million in November and December last year, which the Salford Star reported…

"A look at the last accounts for Peel Investments (Intermediate) Ltd reveals nothing about its activities, except that its `principal activities' are `property investment and development and the operation of a golf driving range'.

"During the year 2012, Peel Investments (Intermediate) Ltd had a turnover of only £654,000 and made an operating loss of over £7million. How and why, we'll never know because its ultimate holding company is Tokenhouse, which is registered offshore in the Isle of Man and controlled by the 1997 Billown Settlement Trust (John Whittaker's private family trust) of which there is no publicly available information." (for more details click here)

The payment to `Peel Intermediate' could be part of Salford Council's £15million handout for Port Salford – except that appears to be siphoned through Peel Investments (North) Ltd. Oh what a tangled web Whittaker weaves for his public money…

Brian F Kirkham wrote
at 18:36:57 on 17 July 2013
Michael, let me quite honest with what you've just written ...use of technology is one thing, handing over a council property to the cities largest developer is quite ridiculous...take your idea a few stages further, and you've got Councillors making decisions in Peel Buildings (Just to remind you - The People of Salford Own these buildings - Not Just Councillors - Its why we pay council tax). Homeworkers still have to be paid, so using your train of thought we've got engineers working from home whilst the bean pushers are still at the civic (who in this scenario you've handed over to Peel!) handing out the cheques - you paying for the increases in the tech budget, Mr Felse or is it Peel? - it'll all come back to bite the council tax payer through an increase - that's what happens when you change things without informing staff - you've sold off a building but raised all the associated costs of saving money. What happens when the Costs of your Glorious idea outweighs the benefit? OOH and while were at it - council currently pays staff for mileage and other added expenses (with VERY Tight Controls) - If in this Brave new world (a la HG Wells Artilleryman!) this were to happen - how would you control the expenditure without causing a raucus at best (and walkouts at worst)? BTW - I once jokingly called My Home town "Peelville-by-Manchester", That was made in JEST Michael, I never expected it to be taken seriously - It seems you have - and you can't home, clothe, educate, employ, or aid your citizens with VISION...Peel Just have one of those at the end of the day - and that's a Plus in THEIR profit and loss sheet.
 
Michael Felse wrote
at 15:58:54 on 17 July 2013
@BB - answer D is ocrrect. @BFK - that is the whole point of innovation, you find a better techno way to store records (have you heard of the Cloud) time is right for Councils to get modern and stop hording space just because it has to store records. It is a reason Councils are not efficient. Storage space is not something that should occupy a prime site. And thirdly for @wrote - nice to know I would be missed.
 
Bernard Brough wrote
at 05:27:39 on 17 July 2013
I'm really sorry but, I have to ask the question. Is Michael Felse (a) on drugs (b) clinically insane or (c) taking the piss out of us all?
 
Brian Francis Kirkham wrote
at 05:27:31 on 17 July 2013
Another Q. For Mr Felse (Didn't Answer the other one I put to him, So I'm not expecting an answer) Do you actually realise what you were suggesting in your first post? Bit of news - I've actually worked for council - I Know it has its faults and failings but believe it or not the officers at the bottom who actually do the work actually care for its citizens. I'd be all for your concept of outsourcing - but it falls down on one major flaw - the records that that building hold are IMMENSE. Yes most of these are digitised, however Things such as plans drawings and the like are held on file. This is so the gang digging the road have the info on what's underneath - whether or not the person or not needs to be charged and so forth...and don't go digging up three doors down and open up a water or electric pipe...and that's just for one section of development services..Now, You may ask - How did I know this? I worked on said records Mr Felse! They wanted me to stay but council hadn't any available funds back in the 90s. - If you have an answer where these large cumbersome systems can be stored outside the civic, I'll look forward to reading your suggestion - but i'll guess it wont be peel paying for it It'll be the council tax payers paying for it.
 
wrote
at 05:26:26 on 17 July 2013
@ michael felse, I thought you were moving to the midlands if so then feck off, and if you can't afford the train fair, I suppose the star readers can all chip in to help buy the train ticket.and make shure it's one way.
 
wrote
at 16:10:23 on 16 July 2013
I'm all for a modern city, but when times are hard, taxpayers money should be only spent on necessities, not shoring up private developers who are only answerable to their mostly greedy shareholders. Do you think these private investors give a monkeys about mugging Salford and its inhabitants? No, because its all about the money, money, money! Is there not one councillor in that cesspit that's got the guts to call for a five year block on subsidies to privateers! By all means, let companies who want to work out of Salford invest, but use their own money - why should the taxpayer subsidise them? They aren't philanthropists, they're in it for profit! They must be laughing theirs socks off at the legal team at Salford, they're running rings round them at our expense. Effectively they get no risk investments for their shareholders when they're cap in hand with SCC. When times are hard, simple housekeeping rules apply. SCC-don't borrow, don't lend and don't buy what you cant afford. Stop giving my money away-I don't want to pay shareholders profit. Not in my name.
 
wrote
at 16:09:38 on 16 July 2013
Well said@Brian F Kirkham
 
Brian F Kirkham wrote
at 12:53:33 on 16 July 2013
Not the first time I've questioned why Salford pays Peel at every conceivable opportunity, but on this occasion - I may have the answer. Would the space at the Greenhouse be that temporary structure Opposite the Greenhouse that's currently emblazoned with the colours of the Rugby League World Cup? If so, I could have suggested a much better location - such as outside the City of Salford Stadium perhaps? Another poor state of affairs. Till this love-in between the Local Authority and Peel Dies, Peel will just keep spending Council tax payers cash - i'd like to see a reversal of this, As two questions remain...what kind of company keeps all the profit and passes the all the losses to its investors? And after all the cash has been handed over what the heck do council tax payers get out of this arrangement?
 
Michael Felse wrote
at 12:52:37 on 16 July 2013
It is wrong not at the same time as this news break to miss out our congratulates to Peel for all their goodness brought to Salford. Any Council would pay many more times over this amount to get these same investments and iconic growths of a modern city. I want to see Salford Council's Civic Centre people change to home-workers and see the building turned over to Peel for them to develop as a New National Centre for Volunteer Organisations. This is one way we can help see the professionals build up a better way forward of attracting investment into the care, health and well-being of Salford. Vision is what is being bought for our money. A sound strategy.
 
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