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A petition asking that ‘This Land Ltd’ receives no further funding

We are asking all our followers, subscribers and anybody interested to please sign our petition which will be submitted to Cambridgeshire County Council.   To show your support, please email Charles Warner at The Soham 100 Consortium who is collecting e-signatures.  You will not be contacted further unless you join our mailing list.

The petition reads:

We, the undersigned ask Cambridgeshire County council to cease using tax payers money and land assets to support its failed subsidiary company, This Land Ltd (TLL).

TLL was founded by in CCC in 2016, purportedly to generate income for taxpayers from housebuilding, and from the interest on £127m in loans from CCC. For every £1 of loan interest TLL paid to CCC it has cost local taxpayers over £3 in lost assets. This combined with continuous trading losses totalling £63.9m clearly demonstrates a situation that cannot be defended any longer. 

The company should be terminated in the most economical way possible at the earliest opportunity to minimise further losses.