Bull & Ben

Bluestreak · **Posted:** Wed Jan 07, 2026 5:27 pm

Brian Honour's Left Foot wrote:

Bluestreak wrote:

Bloody hell this does not look good especially from a Financial Times article.

Recent investigations by the Financial Times (FT) into the Tees Valley Combined Authority (TVCA) have uncovered significant financial mismanagement and governance failures as of late 2025 and early 2026.
Key Revelations from FT and Recent Reports
Missing Loan Agreements: The FT revealed that the South Tees Development Corporation (STDC) and Teesside International Airport were awarded over £500 million in loans from the TVCA without proper legal or formal loan agreements in place.
Unrecoverable Debt: At least £28 million in interest from loans to Teesside Airport is considered unlikely to be repaid and is expected to be written off as "bad debt".
Audit Failures: External auditors (Ernst & Young) have "disclaimed" TVCA’s accounts for multiple consecutive years due to material misstatements and inconsistencies.
Government Intervention: Following these revelations, the Ministry of Housing, Communities and Local Government (MHCLG) issued a Best Value Notice to the TVCA to investigate its "dysfunctional" governance under Mayor Lord Ben Houchen.
Airport Profit Discrepancies: While official statements claimed a £1.1 million pre-tax profit for Teesside Airport, further analysis suggested this was bolstered by a controversial £12.5 million grant from the TVCA in March 2025.

Why is Starmer leaving him alone? Gove let him off. This is almost Trumpian in its absurdity.

I really dont get it. Was the clearance of the Steelworks site and Teesworks project a cross party decision regarded as a nationally important project that just needed to happen however its done and accepting that they would be financial and environmental "issues"?
To make an omelette you have to crack a few eggs!
Thats my quess but thats all it is.

Snowy · **Joined:** Fri Aug 18, 2006 12:18 pm **Posts:** 41274

derwent wrote:

Snowy wrote:

When I get flak Mr D…I’m over the target……another broadside from Sanders of the River.

He gets educated every single time he raises his head by you and others, Snowy, but never learns. It wouldn't surprise me if he was lifted by Trump.
Can you just see the scenario. Donald, why are you picking on me, are you jealous of my exotic lifestyle. The answer coming back would be Get back in yer basket.

I can imagine if even God himself questioned him, he’d tell him he was picking on him, that Heaven/ Paradise was rubbish compared to the ‘ Cock a Doodle Don’t’ Gentlemen’s club in his oriental maximum security twilight home……….but as he said recently he bases his experience on reading ‘fiction’ books…… and colouring them in….if he doesn’t eat the crayons first that is.

jamie1952 · **Joined:** Fri Oct 03, 2025 11:07 am **Posts:** 2187

Bluestreak wrote:

Brian Honour's Left Foot wrote:

Bluestreak wrote:

Bloody hell this does not look good especially from a Financial Times article.

Recent investigations by the Financial Times (FT) into the Tees Valley Combined Authority (TVCA) have uncovered significant financial mismanagement and governance failures as of late 2025 and early 2026.
Key Revelations from FT and Recent Reports
Missing Loan Agreements: The FT revealed that the South Tees Development Corporation (STDC) and Teesside International Airport were awarded over £500 million in loans from the TVCA without proper legal or formal loan agreements in place.
Unrecoverable Debt: At least £28 million in interest from loans to Teesside Airport is considered unlikely to be repaid and is expected to be written off as "bad debt".
Audit Failures: External auditors (Ernst & Young) have "disclaimed" TVCA’s accounts for multiple consecutive years due to material misstatements and inconsistencies.
Government Intervention: Following these revelations, the Ministry of Housing, Communities and Local Government (MHCLG) issued a Best Value Notice to the TVCA to investigate its "dysfunctional" governance under Mayor Lord Ben Houchen.
Airport Profit Discrepancies: While official statements claimed a £1.1 million pre-tax profit for Teesside Airport, further analysis suggested this was bolstered by a controversial £12.5 million grant from the TVCA in March 2025.

Why is Starmer leaving him alone? Gove let him off. This is almost Trumpian in its absurdity.

I really dont get it. Was the clearance of the Steelworks site and Teesworks project a cross party decision regarded as a nationally important project that just needed to happen however its done and accepting that they would be financial and environmental "issues"?
To make an omelette you have to crack a few eggs!
Thats my quess but thats all it is.

Independent Review: In June 2023, the government announced an independent review panel to investigate the allegations surrounding the land deals and the use of public funds. This decision followed a vote in Parliament that defeated a Labour proposal for an investigation led by the National Audit Office.
There is a Facebook page called Teesside Live which has been highlighting the goings on about TVCA and its offspins including The Hartlepool Development Corporation.

jamie1952 · **Joined:** Fri Oct 03, 2025 11:07 am **Posts:** 2187

I notice the topic has moved on to page 3, I won’t bother going back to read page 2 comments, I agree to disagree with them what ever they were. Shower time now, stroll down the beach, shorts and t shirt attire albeit it has been in the low 20s of recent but soon warms up. meet up with my mates for bit of craic. There is one a bit like Snowy a right argumentative t**t but we are all different some thing posters on The Bunker don’t appear to realise, no idea what type of life they have lived in the past though.

Snowy · **Joined:** Fri Aug 18, 2006 12:18 pm **Posts:** 41274

jamie1952 wrote:

I notice the topic has moved on to page 3, I won’t bother going back to read page 2 comments, I agree to disagree with them what ever they were. Shower time now, stroll down the beach, shorts and t shirt attire albeit it has been in the low 20s of recent but soon warms up. meet up with my mates for bit of craic. There is one a bit like Snowy a right argumentative t**t but we are all different some thing posters on The Bunker don’t appear to realise, no idea what type of life they have lived in the past though.

Of course you’ll read page 2 comments, you can’t help yourself.
For ‘argumentative’ you really mean touching a raw nerve….when challenged.

jamie1952 · **Joined:** Fri Oct 03, 2025 11:07 am **Posts:** 2187

Snowy wrote:

jamie1952 wrote:

I notice the topic has moved on to page 3, I won’t bother going back to read page 2 comments, I agree to disagree with them what ever they were. Shower time now, stroll down the beach, shorts and t shirt attire albeit it has been in the low 20s of recent but soon warms up. meet up with my mates for bit of craic. There is one a bit like Snowy a right argumentative t**t but we are all different some thing posters on The Bunker don’t appear to realise, no idea what type of life they have lived in the past though.

Of course you’ll read page 2 comments, you can’t help yourself.
For ‘argumentative’ you really mean touching a raw nerve….when challenged.

So I am a liar Snowy anyway of proving that, don’t make rash statements you can’t back up.
Argumentative, when some one doesn’t agree with some else’s point of view nothing to do with a raw nerve.
This sums you up with regards to me Snowy
Being obsessed with someone, often termed "Obsessive Love Disorder" (OLD), involves intense, intrusive thoughts, extreme possessiveness, delusional jealousy, and a compulsive need for attention or reassurance, often stemming from low self-esteem, loneliness, or attachment issues, and can significantly disrupt daily life, requiring focus on self-improvement, boundary setting (like no contact), and therapy to redirect energy and address underlying causes.

Snowy · **Joined:** Fri Aug 18, 2006 12:18 pm **Posts:** 41274

Whatever…..

jamie1952 · **Joined:** Fri Oct 03, 2025 11:07 am **Posts:** 2187

Snowy wrote:

Whatever…..

Touched a raw nerve there Snowy.

Snowy · **Joined:** Fri Aug 18, 2006 12:18 pm **Posts:** 41274

You couldn’t touch cloth.
…let alone a nerve.

jamie1952 · **Joined:** Fri Oct 03, 2025 11:07 am **Posts:** 2187

Snowy wrote:

You couldn’t touch cloth.
…let alone a nerve.

You can’t resist not replying Snowy can you ?

Snowy · **Joined:** Fri Aug 18, 2006 12:18 pm **Posts:** 41274

Just like YOU….but I use fewer words…and some of more than two syllables..

accrington fan · **Joined:** Wed Jan 20, 2016 3:22 pm **Posts:** 23481