[Finance] Newhaven to be levelled

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Herr Tubthumper

Well-known member
NSC Patron
Jul 11, 2003
64,967
The Fatherland
The UK is up to its neck in debt, currently around 100% of GDP and rising….who exactly is paying for this?
 






AmexRuislip

Retired Spy 🕵️‍♂️
Feb 2, 2014
35,745
Ruislip
Levelling Up Pompeii.

1300203_UP-Pompeii.jpg :lolol:
 




beorhthelm

A. Virgo, Football Genius
Jul 21, 2003
36,444
The UK is up to its neck in debt, currently around 100% of GDP and rising….who exactly is paying for this?

we are of course, the same as all government largess.
 
















studio150

Well-known member
NSC Patron
Jul 30, 2011
30,691
On the Border
The UK is up to its neck in debt, currently around 100% of GDP and rising….who exactly is paying for this?

From reading the detail, it would seem that most of it is coming from already allocated funds, so effectively no new money, just ensuring that the local Tory MP gets a boost when the next election comes around.

Personally not sure this strategy has been that well thought out, more housing in town centres next to increased entertainment venues. I can already see noise complaints increasing.
 




Jul 20, 2003
21,538
Had a little look at the 15 towns that are getting a windfall from the magic money tree. Interesting spread.

2 are in Labour strongholds
1 is in a Tory stronghold
1 is in Labour marginal
11 are in Tory marginals

Seems legit.
 




Hugo Rune

Well-known member
NSC Patron
Feb 23, 2012
24,782
Brighton
Had a little look at the 15 towns that are getting a windfall from the magic money tree. Interesting spread.

2 are in Labour strongholds
1 is in a Tory stronghold
1 is in Labour marginal
11 are in Tory marginals

Seems legit.

Yes. This is a good article about just how dodgy the selection process was. In effect, civil servants developed a methodology to access which towns needed the magic money tree the most, it was then pulled to pieces by the Tories to ensure their consistencies got the vast bulk of the funding.

https://www.bbc.co.uk/news/56283199
 






Jul 20, 2003
21,538
Yes. This is a good article about just how dodgy the selection process was. In effect, civil servants developed a methodology to access which towns needed the magic money tree the most, it was then pulled to pieces by the Tories to ensure their consistencies got the vast bulk of the funding.

https://www.bbc.co.uk/news/56283199


Phew, I was worried I was being paranoid, turns out out it is just another example of endemic corruption.
 




Tom Bombadil

Well-known member
Jul 14, 2003
6,137
Jibrovia
It's worth pointing out that Caulfield is as thick as mince. I was lucky enough to attend a q & a she did at 6th form in her constituency where the 6th formers ran rings around her and at one point she rather embarassingly tried to explain them what a budget was as if they were primary school children who had never heard of a budget before.
 






Eeyore

Munching grass in Queen's Park
NSC Patron
Apr 5, 2014
28,185


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