
Read this: Welsh regional news bidders line up for beauty contest |Media |guardian.co.uk

Summary: I felt a surprising sense of deja vu attending yesterday's public meeting in Cardiff at which the three bidders for the contract to supply ITV's news service in Wales paraded their wares. In the current climate, public money is a highly desirable commodity, and the winner can make their return from a management fee. In total 40m of public funding is up for grabs. - guardian.co.uk
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