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#Teesworks

Remember this from @JenWilliams_FT story yesterday and her thread?

Well it looks as if the entry referred to has changed over time. Remember the company in question is owned by Corney and Musgrave …not by the Teeside Corporation as claimed.
Now I’m REALLY wondering about the “legal advice” the Corporation says it got?

Who gave that legal advice and what were its terms?

See the following thread
Read 8 tweets
1/3 Energy giants BP and Equinor agreed to press ahead with plans for ÂŁ1.5bn development in #Teesside #Freeport after demanding a guarantee they are not becoming involved in a project marred by corruption.

#Houchen #corruption

yorkshirepost.co.uk/news/politics/…
2/3 "Tees Valley Mayor Ben Houchen, who is running the #Teesworks project, confirmed that a “bespoke clause” was inserted into their legal agreement, at the request of the two energy firms."
3/3 “BP and Equinor wanted assurances, given the noise they were hearing,” he (Houchen) told The Yorkshire Post. “We were able to provide those assurances and they signed the deal last week. Now they’re investing north of £1.5bn on this site. If anything, it exonerates us.”
Read 4 tweets

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