Comment: BT's profits next year... (Score 1) 44
...will include several hundred million GBP that they will get for selling off land around the Adastral Park "Research" site. That's land that was compulsorily purchased for an RAF airfeld, which was ultimately "given" to BT. So it's taxpayer's land. BT has been leaning on the local council to rewrite their land use policies to allow the farmland to be built on. They intend to build a new town of 2000 homes right next to a European Special Protection Area that is also an Area of Outstanding Natural Beauty (think National Park, without the planning restrictions).
The land value will go from 6,000 GBP per acre to at least 500,000 per acre when BT get planning permission. And the worst bit is that this kind of house building is exactly what the district does NOT need - we need new housing in all the scattered villages where low-income people live and work, instead of in one place where are no jobs.
Please can we stop tarmacing over the entire f**king world?
The land value will go from 6,000 GBP per acre to at least 500,000 per acre when BT get planning permission. And the worst bit is that this kind of house building is exactly what the district does NOT need - we need new housing in all the scattered villages where low-income people live and work, instead of in one place where are no jobs.
Please can we stop tarmacing over the entire f**king world?