BUSINESS

Airport windfall will boost councils' coffers by £11m

The leader of Manchester City Council has pledged to use a £11m windfall from the Manchester Airport Group to offset the impact of spending cuts.

By Jamie Hailstone | 16 December 2014

The leader of Manchester City Council has pledged to use a £11m windfall from the Manchester Airport Group to offset the impact of spending cuts.

The group announced an interim dividend of £31m on 9 December following strong financial results during the six months to 30 September.

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Popular articles by Jamie Hailstone

  1. Are STPs delivering the change agenda?
  2. It's all about relationships
  3. Turning challenges into opportunities
  4. Frugal authorities may be left exposed to more cuts
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