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More delays for GMWDA PFI deal

Financial discussions between bankers and Viridor Laing continue to delay the Greater Manchester Waste Disposal Authoritys £3 billion private finance initiative (PFI) deal.The GMWDA had hoped to signed the contracts on June 6 but bankers for Viridor Laing are still carrying out their funding approvals.However, GMWDA chairman Neil Swannick said: We are pleased with the progress weve made on the commercial aspects of contract negotiations. Viridor Laings funders ...