More than £130m of taxpayer-funded loans for city centre skyscrapers housing luxury flats - none of which will be affordable
Another £62.3m of taxpayer's money will be loaned to a city centre developer building skyscrapers with luxury flats, taking the total awarded above £130m. Renaker will receive the loan from the Greater Manchester Combined Authority (GMCA) for its Three60 scheme next to the Mancunian Way.