On Tue, 2006-10-03 at 13:02 +0100, Adrian Stott wrote:

> "
> 
> BW should now be asking for a one-time transfer of a significant
> additional property portfolio, as an endowment, which it can then
> manage to produce the *secure* income it needs to replace that
> withering grant  completely.


But that's not really secure either, since any future government can
simply grab it back  or, more likely, sell it off from under BWs feet.


Steve




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