Hi all
BW income from leisure uses in 2003/04 and 2004/05 was approx £19m and £18m How much from angling? £449,000 and £524,000. Thats not very much compared with the £14m from boating. Even if it was effectively policed so all anglers paid up, maggot drowning is never going to contribute very much. As Glen P said, if BW charge too much they will go elsewhere (elastic demand curve for any economists). Total revenue in 2004/05 was £172m and that includes £73m in Government grant. Income from boaters would have to increase by a factor of at least 5 times its present level to bring in this sort of money. OK there are other sources of income such as property and commercial uses, but BW having been trying to exploit these for some time and the subsidy has remained over £60 million in the last five years. Mike Stevens is right, even if assets are really sweated, it is going to be pretty hard for Mr Evans to eliminate the grant. Mike [Non-text portions of this message have been removed] ------------------------ Yahoo! Groups Sponsor --------------------~--> Great things are happening at Yahoo! Groups. See the new email design. http://us.click.yahoo.com/TISQkA/hOaOAA/yQLSAA/ygtolB/TM --------------------------------------------------------------------~-> Yahoo! Groups Links <*> To visit your group on the web, go to: http://groups.yahoo.com/group/canals-list/ <*> To unsubscribe from this group, send an email to: [EMAIL PROTECTED] <*> Your use of Yahoo! Groups is subject to: http://docs.yahoo.com/info/terms/
