Originally Posted by
2Planks
It looks like the 'arms length' approach to the management of MAN by the majority shareholder has failed.
That majority shareholder is the 10 local councils who together own just short of 2 thirds of MAG.
True, but only MCC has voting rights, shared 50/50 with IFM. The other 9 GM councils get a dividend but have had no say in the running of the business since the purchase of Stansted.