Quote:
Originally Posted by Ignitionnet
Between 2014 and 2020:
Cornwall is allocated £863 per head (£476million for the region)
Wales, £627 per head (£1.9billion)
Tees Valley, £243 per head (£162million)
North Eastern, £221 per head (£430million).
Which should explain why Cornwall's politicians were immediately trying to get assurances from Westminster that it would replace their funding.
Personally I wouldn't bother. They made their bed.
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You're still a customer...
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In fairness to Cornwall, its councils warned its inhabitants about losing EU funding if we left the EU. They are now seeking reassurances from the Government that it will be replaced by UK funding. It's not the councils who made their bed but their naive residents who trusted the Leave Campaign's many, often contradictory, promises.
---------- Post added 11-07-2016 at 00:00 ---------- Previous post was 10-07-2016 at 23:43 ----------
Quote:
Originally Posted by Pierre
He has no operational involvement in Virgin Media, I'm not even sure if he is still a shareholder.
The only involvement he has is the £30 million he puts in sky rocket each year from leasing his brand to VM.
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He's not a shareholder, VM is 100% a subsidiary of LGI.
In fact, many Virgin-branded businesses are largely owned by other companies eg
Virgin Music - 100% by Universal Music
Virgin Wines - 100% Mobeus Equity Partners and Connection Capital
Virgin East Coast Trains - 90% Stagecoach Group
Virgin Books - 90% by Penguin Random House
Virgin Active - 80% by Braite
Virgin Radio UK - 100% by News Corp
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Quote:
Originally Posted by pip08456
Hopefully it will be money well spent rather than things like cycle lanes that lead to nowhere and suddenly stop.
In Bolton several years ago they reduced the bypass to one lane each way from two to provide a cycle lanes that no-one uses. All under EU funding.
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Liverpool's been transformed by EU funding and has been one of the fastest-increasing cities for contributing taxes to the UK.
It's not the EU's fault if councils' schemes don't work out as planned, it's up to the councils themselves to devise robust plans.
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Quote:
Originally Posted by Maggy J
I'll take Branson over Sir Philip Green any day.
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Totally. Or Mike Ashley.