The #tory Teeside mayor claims the site has negative value on #newnight

Victoria Derbyshire: How much have they spent so far? Thus far they have not invested anything, correct?

Patronising answer from Ben Houghton suggesting she does not understand big project finance (smug smile)

Massive potential devt made investors £45million without investing a penny - what is the betting the companies involved are insolvent when the time comes to to actually pay for stuff?

#corruption #toriesOut11