A petition asking that ‘This Land Ltd’ receives no further funding
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.
-ooOoo-
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.
*When you click this link, it will open up your email with a pre-filled message - just add your name and send. If for any reason your email does not open, you can still add your name, just email soham100consortium at gmail.com with Sign Petition as the subject.
They are not getting any more of my money!
ReplyDeleteThis situation is a disgrace and should be investigated by the authorities!
ReplyDeleteThese TLL debts are costing every Cambridgeshire resident money, in terms of services the council can't afford because of them -Care for the Aged, Early Years care for our kids, potholes which aren't filled......the list is endless.TLL, This Land Limited is a vampire, sucking the lifeblood out of each one of us, while its employees get paid three times the average pay of other council-workers .
ReplyDeleteExcellent that you've taken this initiative. It needs the support of as many citizens as possible. Everyone needs to be concerned if taxpayer money is being looted. Why is the Council doing everything it can to prevent you and me from finding the facts?
ReplyDeletePlease terminate the TLL and scrutinize where monies go in this Cost of Living Crisis.
ReplyDelete