Steve et al.,

"Steve Haywood"
<[EMAIL PROTECTED]> wrote:

>there is a
>strong vein of feeling in the Conservative Party critical of BW. Put
>succinctly, the feeling is that the way BW has acted under Robin Evans'
>tenure has made it BW 'akin to a state subsidized property speculator.'
>This was the conclusion of the James Committee which was commissioned by
>Michael Howard prior to the last election and which led to suggestions that
>they would 'privatize' BW.
>
>I have for some months been trying to squeeze current policy out of Central
>Office, but under Cameron, as we all know, they are very guarded about being
>specific about ANY policy.
>
>However, it's it unlikely that thinking has changed significantly. 

Fortunately, the unlikely occasionally comes to pass.

AIUI, the Conservatives have indeed reconsidered their attitude
towards BW, and no longer believe it s property should be confiscated
and should be sold off.  I believe it has becoming convinced that a
structure not unlike BW is actually the most appropriate way to manage
the waterways, and that funding it via property income may make more
sense than giving it annual grant to cover its deficit.

I tthink/hope that your inability to "squeeze current policy out" is
that the old policy has been abandoned, but the new one not fully put
in place yet.  At least, there is room to hope.

>Look at a
>piece posted recently on the site of the Institute of Economic Affairs, the
>respected right-wing think tank

>http://www.iea.org.uk/record.jsp?ID=354&type=news

Not for a long time have I read such a poorly-written piece.  It is
hard to know where to start to point out the errors in it, but I'll go
from the top:

"In many city centres, British Waterways owns acres that lie mostly
underdeveloped."

Mr Blundell seems to be unaware that BW is actively developing as many
of these properties as it can, having strategically reviewed its
entire portfolio and entered into partnerships with developers for the
most potentially profitable.

"The unused stretches of canal are termed “remainders”. These could be
cherished and dredged and turned into delightful byways."

This is, er, rich from a man who wishes to deprive BW of funding.  He
appears to have no idea of the costs involved, and no suggestions of
how they could be met.

"The Competition Commission has investigated British Waterways twice."

And the last time was when?  Mr B's information seems to be rather,
er, dated.

"The Competition Commission’s investigations into British Waterways
faulted the company on its corporate planning, inability to cost
projects, board membership and even recording of decisions. It added
the canals monopoly was poor at contracting out services. It could be
much better at planning applications and was weak at controlling its
staff costs too. In other words, British Waterways is a typically
flawed public agency that often tries to emulate commercial competence
but falls far short of its own ambitions."

He seems to have ignored that BW took these comments to hear, and has
restructured itself very significantly since then.

"However, money spent on the canal system . . . will in town centres
do something to mitigate the surrounding dark satanic mills . . . and
will give access to our green and pleasant land."

Well, we can be sure Mr B hasn't been to (e.g.) Rochdale, Slaithwaite,
central Birmingam, let alone the "green and pleasant" projects like
the Cotswolds, etc. etc. etc.  Again, this comment is entirely
obsolete.

"For all its failings, it has evolved from being a subsidy recipient
to realising it has lucrative options – charging for boat traffic and
for boat residents."

I seem to recall BW has actually been charging for those things for
decades.

"The Caledonian Canal links the North Sea with the Atlantic, passing
through not only superb scenery but including the Loch Ness Monster. I
would love to see the merchant banker’s prospectus describing that as
either a tangible or intangible asset. "

Again, Mr B seems unaware of just how much has had to be spent to keep
this route open.  The recent repairs to the locks alone would almost
certainly outweigh the revenue even a merchant banking genius could
raise.

"The Crinan Canal in Knapdale is where Kenneth Graham dreamt up The
Wind In The Willows. "

And here I always thought it was the Thames!

and so on ...

I conclude this man is ignorant, lazy, and careless with his facts.
Out hunting in the forest, he hears a large animal moving, and shoots
before he realises it is actually a cow from a well-run herd.  

If this is the calibre of opponent we have to deal with, I'm feeling
relaxed.

>For a more general sense of the attitude of your average right-leaning Tory
>look at Bob Spink's site,  MP for Castle Point in Essex.
>
>http://www.epolitix.com/EN/MPWebsites/Robert+Spink/94dbfd03-243d-41a3-a185-eda37e463c41.htm
>
>The concern he voices about the development of Wood Wharf in Docklands is
>one which in my experience as a journalist is shared pretty widely within
>the Conservative Party. And FWIW it's one I share myself.

It would have helped if he referred to it as "BW", not "BWB" which it
abandoned quite a while ago.

Mr Spink ways "Wood Wharf is not part of the canal system."  Is he
unaware that BW became the navigation authority for the Isle of Dogs
docks when LDDC wound up?  It is therefore quite reasonable it would
seek development opportunities from its holdings there.  

You can't have it both ways.  Either BW should be developing its
properites (Mr Blunden), or it shouldn't (Mr Spink).  Do these guys
talk to each other?

The real problem with Mr Spink's piece is that he provides no model
for how he would cover BW's deficit if he removed all its non-grant
income.  Or, to put it another way, how the non-customer public's
interest in retaining and operating the waterways is to be funded.
Perhaps when he gets around to trying to prepare one, he will
understand that there is a very strong case that BW's being supported
by the income from an investment property portfolio may be the most
appropriate funding approach.

Does anyone on this ng know him?  It might be an idea to show him a
clearer picture over a pint or two.

BTW I couldn't find a date for this piece.  When was it written?

Adrian


Adrian Stott
07956-299966



 
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