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Garden Bridge plan abandoned at multi million £ cost

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arry
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PostPosted: 12:12 - 14 Aug 2017    Post subject: Garden Bridge plan abandoned at multi million £ cost Reply with quote
https://www.bbc.co.uk/news/uk-england-london-40921373

Khaaaaaan wrote:
When he announced his decision not to back the bridge, Mr Khan said the project would expose taxpayers to financial risk.
"I have been clear that this should not be allowed to happen. Accordingly, the GLA (Greater London Authority) is unable to provide mayoral guarantees for this project.
"I regret that the significant expenditure of public funds and effort from both public bodies and the Garden Bridge Trust has not led to a situation where I can provide the guarantees requested."



£30m+ in the hole Shocked

It's like a certain racetrack in Wales all over again Laughing
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arry
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PostPosted: 12:18 - 14 Aug 2017    Post subject: Reply with quote
From the other BBC link in that article:
https://www.bbc.co.uk/news/uk-england-london-39524979

Tom Edwards, transport correspondent wrote:
This is 40 pages of brutal, uncompromising criticism of nearly every part of the once flagship Garden Bridge project. I can't remember reading a report so damning of a transport project.
Procurement, finances, business cases, value for money, previous mayors, deputy mayors and transport officials get an absolutely withering assessment.


Lovely stuff. One wonders how many palms were being greased in this embezzlement.
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M.C
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PostPosted: 15:22 - 14 Aug 2017    Post subject: Reply with quote
How much did they waste on (the new) Wembley stadium before it finally got built. Mind you at least they actually built it.
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Polarbear
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PostPosted: 16:09 - 14 Aug 2017    Post subject: Reply with quote
M.C wrote:
How much did they waste on (the new) Wembley stadium before it finally got built. Mind you at least they actually built it.


I thought that was FA, private and lottery money rather than public?
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Ste
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PostPosted: 17:12 - 14 Aug 2017    Post subject: Re: Garden Bridge plan abandoned at multi million £ cost Reply with quote
arry wrote:
£30m+ in the hole Shocked

Spending £37.4m of tax payers money on a project that later gets abandoned is part and parcel of living in a big city. Thumbs Up
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Im-a-Ridah
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PostPosted: 18:14 - 14 Aug 2017    Post subject: Reply with quote
Our country revolves around London. Like Trump says, we need a wall, only ours needs to go around the M25.
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M.C
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PostPosted: 20:07 - 14 Aug 2017    Post subject: Reply with quote
mpd72 wrote:
Polarbear wrote:
I thought that was FA, private and lottery money rather than public?


Maybe getting mixed up with the Millennium Dome or Olympic Stadium (now home to West Ham)?

Both were passed on for a massive losses after brief usage. I can't remember who the dome went to originally, but seem to remember it being plainly obvious it was a government favour to a "friend", aka party donor.

The spending watchdog looked at the handling of £161m of public money given towards the estimated £757m total cost of the new [Wembley] stadium.

I was going to list the Millennium Dome, Wembley I remember being special because they spent shit loads before they even started building, with other proposed sites such as Picketts Lock (which would never have worked).
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Ste
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PostPosted: 20:07 - 14 Aug 2017    Post subject: Reply with quote
Ste for Mayor of London.

It can't be too tricky to do better than Sadiq Khan is. I mean, he does just make it all up as he goes along and yet he still Khan't get things right.

Just think how many bikelife could have been dealt with using that £37.4m he's wasted.
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M.C
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PostPosted: 20:10 - 14 Aug 2017    Post subject: Reply with quote
Bojo's getting the blame for this one, Khan just killed it off.

https://s2.quickmeme.com/img/fb/fb2467cda9d098ebd64b84543e64d72c9e2b572b84f941c92909f11ac26253a7.jpg
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sickpup
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PostPosted: 22:46 - 14 Aug 2017    Post subject: Reply with quote
Im-a-Ridah wrote:
Our country revolves around London. Like Trump says, we need a wall, only ours needs to go around the M25.


A remarkably good idea. Not just a physical wall but a financial wall so all the tax money raised within the M25 can only be spent within the M25.
This would improve the lives of the people within considerably while the people without would suffer.

Are you really this thick?

Last edited by sickpup on 23:23 - 14 Aug 2017; edited 1 time in total
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M.C
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PostPosted: 23:19 - 14 Aug 2017    Post subject: Reply with quote
mpd72 wrote:
M.C wrote:

The spending watchdog looked at the handling of £161m of public money given towards the estimated £757m total cost of the new [Wembley] stadium.

I was going to list the Millennium Dome, Wembley I remember being special because they spent shit loads before they even started building, with other proposed sites such as Picketts Lock (which would never have worked).


I didn't realise that. The question is though... does the state get any revenue back, in the way of shareholding dividends?

I can't remember what was spent when but I'm fairly certain all that money was spunked way before they decided to build the new Wembley... at Wembley.
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Im-a-Ridah
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PostPosted: 00:59 - 15 Aug 2017    Post subject: Reply with quote
sickpup wrote:
Im-a-Ridah wrote:
Our country revolves around London. Like Trump says, we need a wall, only ours needs to go around the M25.


A remarkably good idea. Not just a physical wall but a financial wall so all the tax money raised within the M25 can only be spent within the M25.
This would improve the lives of the people within considerably while the people without would suffer.

Are you really this thick?


No, but you may well be. London derives its wealth from being the capital city of the UK, and able to suck talent and investment from the rest of the country. It's like a bully stealing lunch money from the other kids, the bully eats well by taking the share of others. The rest of the UK gets crumbs from top table. Once London is surrounded by a wall it loses access to the rest of the talent in the UK, loses all government jobs and publicly owned resources like museum contents, is completely landlocked, must be pay tariffs to rUK to import/export it will not be doing nearly as well economically as it will no longer be in a position to steal from rUK. Instead, all those nice jobs and attractions can be given to the British regions so that they can benefit, instead of it all being packed in London for the benefit of 15% of the population. As for London, they can have unlimited immigration once the wall is complete Laughing

Forget white privilege, it's all about that London privilege these days.

https://media.licdn.com/media/AAEAAQAAAAAAAA2nAAAAJDhlNjdhZWQ0LTVkYzEtNDAzYi04MTEyLTE3OTcxZWNjZjQ0Mg.png

Behold... The Manchester subway
https://www.thelondoneconomic.com/wp-content/uploads/2015/11/Crossrail-2-Map.jpg

Sheffield superdome
https://upload.wikimedia.org/wikipedia/commons/thumb/1/15/Millennium_Dome_%28zakgollop%29_version.jpg/1200px-Millennium_Dome_%28zakgollop%29_version.jpg

Bristol British Museum
https://www.fosterandpartners.com/media/1705103/img0.jpg

Redirect Eurostar to Southampton
https://cdn.londonandpartners.com/asset/b42d3f5689163ff01cc0d4528d994fdc.jpg
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M.C
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PostPosted: 02:19 - 15 Aug 2017    Post subject: Reply with quote
Normally when this topic comes up it boils down to return for your investment. No point having a good transport service so Northerners can go down the dole office Wink

I realise a fair chunk of London's tax revenue comes from the city, although they do have a habit of stealing losing everyone's money as well Thinking
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Rogerborg
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PostPosted: 08:06 - 15 Aug 2017    Post subject: Reply with quote
sickpup wrote:
A remarkably good idea. Not just a physical wall but a financial wall so all the tax money raised within the [City of London] can only be spent within the [City of London].

Equitable funding.
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kawakid
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PostPosted: 11:17 - 03 Sep 2017    Post subject: Reply with quote
I really dont like London, I'm too country.
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M.C
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PostPosted: 21:27 - 03 Sep 2017    Post subject: Reply with quote
kawakid wrote:
I really dont like London, I'm too country.

Who does, except tourists who only see the touristy bits, and socialites who ignore all the crime and deprivation.
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Rogerborg
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PostPosted: 08:37 - 04 Sep 2017    Post subject: Reply with quote
M.C wrote:
kawakid wrote:
I really dont like London, I'm too country.

Who does, except tourists who only see the touristy bits, and socialites who ignore all the crime and deprivation.

I dunno, I hear there a lot of people who bad mouth it but seem somehow unable to leave it.
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arry
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PostPosted: 08:52 - 04 Sep 2017    Post subject: Reply with quote
The bits of London I hang around in, I don't have any issues with.

There are bits I won't go to, though. And not for fear of Snackbar.
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Im-a-Ridah
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PostPosted: 10:35 - 04 Sep 2017    Post subject: Reply with quote
M.C wrote:
Normally when this topic comes up it boils down to return for your investment. No point having a good transport service so Northerners can go down the dole office Wink

I realise a fair chunk of London's tax revenue comes from the city, although they do have a habit of stealing losing everyone's money as well Thinking


It's absolutely true that the return on investment (RoI) is higher with London, but that is only because of previous investment. So the more you pour into London, the better the RoI becomes for London. And the more you don't pour into the North, the more Northerners will be off to the dole office and the worse their RoI will be next time you allocate infrastructure funds. Similarly, if you gave the investment to the North then it's RoI would improve.

mpd72 wrote:

Why is it so over populated then?

Every Gimmedat going wants a penthouse in Kensington paid for by the tax payers.


There are lots of job there, and if the state is willing to house you then you are sorted!
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