[canals-list] Re: mooring tendering

[Roger Millin]

Julian said:
> 
> The one for this year is the gold licence
> Anyone that buys one is bonkers......
> 
> Take a 60ft narrowboat
> Gold licence this year £907
> Normal licence £587
> £319 extra
snipped
But, do the calculations involving 9% plus RPI per year compounded for 
the next three years and you'll find that you'll be paying that figure 
just for your normal licence in three years, never mind a Gold! And 
they're going to reduce/abolish the prompt payment discount just to rub 
salt into the wound.
Roger