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Wolves in line for Lescott windfall

Wolves could be due a seven-figure windfall if Joleon Lescott's £15m-plus transfer to Manchester City goes through. Wolves could be due a seven-figure windfall if Joleon Lescott's £15m-plus transfer to Manchester City goes through. The club have confirmed a sell-on clause of at least 10 per cent - and possibly 15 per cent - of any profit Everton make on the £5m they paid for the England international three years ago. That means Wolves would receive a minimum of £1m if the deal goes through. But the figure could be much more. The Goodison outfit are reluctant to let the 26-year-old leave, but believe they are facing a losing battle in the knowledge that money is no object for the world's richest club, who can double his estimated £35,000-a- week wages. Read the full story in today's Shropshire Star.

Wolves|Jul 6, 2009
Wolves

Telford's Carter welcomes windfall

Chairman Lee Carter hailed AFC Telford United's stirring run to the first round of the FA Cup and admitted: "It's come at a good time."Chairman Lee Carter hailed AFC Telford United's stirring run to the first round of the FA Cup and admitted: "It's come at a good time." The Bucks will pocket prizemoney of £12,500 for their 3-0 victory over Northwich Victoria in the fourth qualifying round on Tuesday evening. They also stand to benefit from a bumper crowd for their first round clash with Southend a week on Saturday, in a match where there will be £20,000 on offer to the winners. That is a boost for Telford, who have seen average crowds of 1,785 this season, down from 2,108 last time around. For the full story see today's Shropshire Star

Football|Oct 30, 2008
Football

Show bosses set for VAT windfall

The organisers of Shropshire's West Mid Show could be in line for an £50,000 windfall after paying out too much on VAT, it was revealed today. The organisers of Shropshire's West Mid Show could be in line for an £50,000 windfall after paying out too much on VAT, it was revealed today. Specialist accountants have told officials that they had paid more than £30,000 too much between 1973 and 1992. David Tudor, departing chairman of the Society, who officially stepped down at a meeting last night, said that because of high interest rates over the period they could be owed up to £50,000. Read the full story in today's Shropshire Star

North Shropshire|Sep 18, 2008
Oswestry
South Shropshire
North Shropshire
Bridgnorth

Race on to spend £4m EU windfall

Telford & Wrekin Council has announced a giant £4 million spending bonanza on a string of projects across the borough - and the race is now on to complete them by the end of the year. Telford & Wrekin Council has announced a giant £4 million spending bonanza on a string of projects across the borough - and the race is now on to complete them by the end of the year. Councillors have been warned that the windfall, which comes from the European Union, will have to be returned to Brussels chiefs unless the money is spent by the end of December, last night's cabinet meeting heard. They have cherry-picked a raft of shelved, delayed or half-finished projects which can be completed on time in the hope that the extra cash does not go to waste. It follows a successful last-minute bid from the council to the European Regional Development Fund, which closes down at the end of the year. In all, Telford & Wrekin Council has been handed £4,042,195 from the fund, which backs projects across the EU. Read the full story in today's Shropshire Star See also - Enterprise project part of £4m plans

News|Sep 16, 2008
News

Projects boosted by £4m windfall

Euro chiefs have handed Telford £4 million to spend on a catalogue of improvement projects in and around the Ironbridge Gorge World Heritage site, it was revealed today. Euro chiefs have handed Telford £4 million to spend on a catalogue of improvement projects in and around the Ironbridge Gorge World Heritage site, it was revealed today. The bumper cash handout will go to pay for a total of 24 developments, including the expansion of the Railfreight terminal and the creation of a showpiece Enterprise Headquarters at the heart of the famous site. Members of Telford & Wrekin Council's ruling cabinet will meet next Monday to formally approve the spending of the windfall which is the latest to come from the European Region Development Fund. Read the full story in today's Shropshire Star.

News|Sep 8, 2008
News

Chancellor looks at windfall tax on firms

The Government confirmed today that it is considering a windfall tax on the multi-billion pound profits being made by the big fuel and energy companies. The Government confirmed today that it is considering a windfall tax on the multi-billion pound profits being made by the big fuel and energy companies. Business Secretary John Hutton said Chancellor Alistair Darling was looking at all the options following the outcry over what critics have described as the "grotesque" profits made by the companies on the back of soaring oil and gas prices. BP and Shell have announced profits of more than £14 billion this week and yesterday Centrica weighed in with a profit of nearly £1 billion after announcing a staggering 35 per cent increase in gas bills. Labour imposed a windfall tax on the utility companies in 1997 and now a similar move is being considered as Mr Darling tries to raise cash to help families hit by soaring food and fuel prices. Read the full story in today's Shropshire Star

Business|Aug 1, 2008
Oswestry
North Shropshire
Bridgnorth
Business
South Shropshire
Mid Wales
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