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Indeed but TLO posts tend to be patronising, arrogant and insulting when people disagree with him. It must be his radio presenter ego :wink: You might have missed that he presents a radio show - he very rarely mentions it !

It doesn't CURRENTLY come from the council tax pot. It will if the developer / project goes bust.

Firstly Alan, very few council enterprises that would normally be carried out in the private sector have been a success. Councils across the country are known for their ability to f*ck things up and cost taxpayers ( rather than shareholders ) money. Now if you really believe the risk of...

Good grief :facepalm: I know in your simplistic world the taxpayer should pay for everything but real life just isn't like that. It's in the past but why should the private businesses known as Hull City etc get taxpayers money to assist their private businesses ? We might as well fund any...

But you're mixing up private venture ( the Amex ) with public funded venture ( i360 ). I would have indeed objected to the Amex if the council were funding / tax payer guarantee.

And equally just because YOU think it can attract 800,00 a year, it doesn't follow that it will. It is irresponsible to commit the taxpayer to such a financial risk when NOBODY can prove the target can be risked ( and that there is no example of a similar attraction managing to do so ).

You really do live in cloud council land - ever thought of standing ? You'll fit in perfectly.

Utterly irrelevant. a) BHA is a private enterprise so the risk is taken by BHA shareholders - mainly TB - not unwilling council tax payers. b) People go to the Amex because of loyalty to their team. Are you really suggesting that we're going to have thousands of i360 supporters buying the i360...

Yes, I missed a zero. So Blackpool with nearly 50% more visitors can only 150k LESS people visiting their historic tower ...... yet you think the i360 figures are realistic ???

OK - would you as a private investor provide money for the venture ? I guess you'd be hoping your investment skills would be better for a tower than football shirts ? How's that for an Argus style comment ? As yet, nobody with any real business experience has agreed to fund it - that says...

Blackpool gets 12m visitors a year - Blackpool Tower 65k a year. The 800k figure is complete and utter fantasy and lunacy. To put the risk into perspective - if the council end up having to pay the whole £36m over 10 years it equates to nearly £60 a year of every household that pays council tax...

You're correct that the loan from central government can't just be used for other projects but the fact remains that this scheme has been rejected as financially impossible by the private sector. The loan is exactly that - a loan that needs repaying that the council ( or rather the council...

Who pays the loan when the developer defaults ? Ah yes, us the local taxpayer.

Look at the figures for the Spinnikar - they now only get nearly a quarter of the proposed 800k figure. The Brighton Wheel ? 250k a year. To hit 800k visitors a year they would need to find 182 people an hour willing to pay for twelve hours every day of the year. To extrapolate the likely...

And yet the council are basing their figures for the i360 at 800,000 a year - utterly, utterly daft.

I was actually talking about the local elections.

As a Tory voter ( and Green voter ) in the last local election I'd say agreeing this is probably going to turn my vote in 2015 to Labour.

If private enterprise can't fund it why the hell should the taxpayer ??