Delay sees €1.4m lost in salaries each month

WATERFORD is losing out on almost €1.4 million in salaries monthly because of a planning delay in relation to a proposed construction project in the city.

That is according to the backers of the €280m Newgate Centre, which they say would create 420 jobs during the building phase.

The project was granted planning permission over 15 months ago by the city council but has been on appeal with An Bord Pleanála since then.