give up its secrets. rebecca morelle, bbc news. the time is 10:30pm and darren is here with the weather. hello, i want to touch on the flooding in italy first of all. this is just another example of severe weather becoming more severe and happening more often. it wasn t too long ago that this part of italy was in drought, but there has been six months of rain in the last couple of weeks which has certainly changed all that. this programme contains repetitive flashing images there s more analysis of the days main stories on newsnight with victoria which is just getting under way the site of the former redcar steelworks is at the centre of a furious row between the conservative mayor of tees valley and labour. truly shocking. industrial scale corruption on teesside. a huge site acquired by the public body south tees developments limited for £12 million, in 2019. what s going on then? we ll talk live to the conservative mayor who s facing labour claims of cronyism, corruption
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public tendering system? public tendering system ? because public tendering system? because the fact of matter is when the stool works went bust the government was paying more than £20 million a year, when that steelworks closed. the liability when the company went bust landed with the taxpayer, and for two years, the taxpayer, and for two years, the taxpayer was paying more than 20 million a year, we had to go through a three year process to get control of that land, the government was spending more than £20 million a year, had we not entered into a public private partnership with tees works and created them with private partners they delivered a deal and without that that site would still be empty, it would still be costing the taxpayer more than 20 million a year, there would be no free port, no jobs and no year, there would be no free port, nojobs and no investment. is you no jobs and no investment. is you transferred no jobs and no investment. is you transferred first nojobs
million, to be clear that means somebody needs to pay £480 million on that site, for it to be worth £1. we got about 240 million. hagar on that site, for it to be worth £1. we got about 240 million. how much have they spent we got about 240 million. how much have they spent so we got about 240 million. how much have they spent so far? we got about 240 million. how much have they spent so far? the - we got about 240 million. how much have they spent so far? the cob - we got about 240 million. how much have they spent so far? the cob text | have they spent so far? the cob text is important, have they spent so far? the cob text is important, and have they spent so far? the cob text is important, and again have they spent so far? the cob text is important, and again people - have they spent so far? the cob text is important, and again people need| is important, and again people need to see what is a complex picture, need, so £240 million spent by us means that site is worth
so far? they have spent millions. how much? so far? they have spent millions. how much? they so far? they have spent millions. how much? they are so far? they have spent millions. how much? they are liable - so far? they have spent millions. how much? they are liable for. so far? they have spent millions. | how much? they are liable for the 107 million, how much? they are liable for the 107 million, well how much? they are liable for the 107 million, well i how much? they are liable for the 107 million, well i am how much? they are liable for the 107 million, well i am going - how much? they are liable for the i 107 million, well i am going through the number, so 107 million for the redevelopment of the new qe that is being built, we are not paying, they are paying it all. thea;r being built, we are not paying, they are paying it all- are paying it all. they haven t sent are paying it all. they haven t spent that are paying it all. they haven t spent that yet. are pa
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