Adrian Stott wrote: > "Neil Arlidge" > <[EMAIL PROTECTED]> wrote: > >> Adrian Stott wrote: > >>> The study also concluded that the only apparent way BW could >>> overcome the shortfall between what it needs to spend each year to >>> run the waterways and its income was to get *more* out of investing >>> in property, so I think it unlikely that the government is now >>> planning to confiscate the current property portfolio.. >> >> No, but the next incoming Tory one will have to to clear up the >> mess? :-) > > The esteemed Osborne did suggest that at one time, but AIUI the > Conservatives, following some education, have now disavowed the idea. > > Adrian
The trouble is, it is now a whole new ball game. Even the KPMG BW review is now history. Welcome to the free (fall) market. As an insight into this.. Mrs TNC is now the Section 106 project officer for RB Windsor and Maidenhead*. Developers contributions last year amounted to 5 Million quid...this month so far it is 1200 quid...and that is mostly late payment interest. She is very busy dealing with developers who are spending all their efforts in NOT paying any developers contributions. A very busy planning department are now sitting around twiddling their thumbs. If the Community Infrastructure Levy (the replacement for Section 106 - the great white hope of waterays funding HA AH!) ever gets off the ground it will finish off any developers left / LA's will soon be in financial mess. RB Windsor and Maidenhead* They had 5 people in DSS bed and breakfast accomodation and unemployment a fraction of 1%. Virtually the whole Transportation Dept funded by Section 106, with large income for libraries, Parks and open spaces etc. Hardly an area likely to be affected by the credit crunch??? -- Neil Arlidge - NB Earnest Follow the travels of TNC, now in Ireland http://www.tuesdaynightclub.co.uk/tour.html
