YEP Says (Feb 5): Road is a win-win success for Leeds



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IT IS significant that insurance giant Legal & General is to help fund the £116m East Leeds Orbital Road.

The firm clearly has faith in the region’s future. Despite the lingering uncertainty over devolution, it has a 50 per cent stake in the Thorpe Park devolpment and L&G clearly believes that it can can accrue a sufficient return on its investment from the new homes and businesses that will be built once this road is open. Unlike those flawed PFI deals, this appears to be a ‘win, win’ deal for Leeds and taxpayers if it is given the green light. And that can only benefit the wider Yorkshire because of the strategic importance of this site.

File photo of a Google logo on the screen of a mobile phone. The European competition watchdog has fined Google 2.42 billion euros (� 2.1 billion). PRESS ASSOCIATION Photo. Issue date: Tuesday June 27, 2017. Photo: Yui Mok/PA Wire

Google slapped with record £2.1bn fine over rules breach