Another £2 billion of public money poured into the Clyde

 The "Clyde Gateway" development is to receive another £2 billion of public funds to see it through the recession. "We are confident that what is being created along both banks of the Clyde will present a very attractive proposition for developers and investors when the market recovers"

This development is seen as key to the M74 Extension, Commonwealth Games bid and various other things; so far has produced new offices for the BBC and STV, and a rash of overpriced 2 bedroom flats  more suitable for speculators than families.

Comments

w00t democracy and accountability

Note that Stephen Purcell is "leader of Glasgow City Council and chairman of the Clyde Waterfront Strategic Partnership,"

I haven't a clue what's really going on but it stinks worse than the river does.

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