agriculture – The Alternative Council

Property Development for Beginners (By People Who Won’t Pay the Bill)

Cornovii in 60 seconds • Shropshire Council owns Cornovii• Shropshire Council lends it money• Those loans are secured on public land• If Cornovii fails, the Council is on the hook• The taxpayer ultimately carries the risk We ask why that arrangement is still described as “arm’s length”. They call it “commercial”.They call it “arm’s length”.Continue reading “Property Development for Beginners (By People Who Won’t Pay the Bill)”