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Liverpool sells airport stake

Liverpool City Council has sold half of its stake in Liverpool John Lennon Airport.

Infrastructure investment firm Ancala Partners announced that it has bought 35% of the airport from development firm

Peel Group and 10% from Liverpool City Council (LCC). Peel and LCC retain 45% and 10% interests respectively.

Until recently, the FRC had little involvement in local government affairs. But with investigations into council officers becoming more frequent, where is the political accountability?

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