Astounded it's taken this long to mount an investigation. Private Eye's been reporting on this for ages. Mind you, they were reporting on the Post Office/ Horizon IT scandal for ages before the powers that be finally stirred themselves.
Eye Told You So… Ministers to send inspectors into Lord (Ben) Houchen’s Tees Valley authority over high debt, rising borrowing levels and its financial relationship with the publicly owned Teesside International Airport, according to the FT. Eye readers knew this already.