WORK on a £200m shopping centre in a West Yorkshire city has been suspended after the developer’s bankers refused further finance for the scheme.
More than 180 workers at the Wakefield Trinity Walk shopping development being run by York-based Shepherd Construction stopped work. The company said difficulty obtaining cash from their bankers had stalled the scheme.
Wakefield MP Mary Creagh said financing had been an on-going problem.
A company spokesman said: “For some time, outstanding payments due to us have not been met and the latest promise of payment by the [Anglo-Irish] bank’s head office in Dublin last week was also not received.
“We will continue to work with them to find a way forward.”
