0210 Hrs GMT
London
Friday
09 April 2010.
Editor © Muhammad Haque.
Khoodeelaar! Told you so! That Crossrail was not economically sound. It wasn't economically viable, justified or necessary. It is a wasteful diversion that is being pushed by MIC-Big business forces to rob the public and pocket £billions under the pretext of big infrastructure projects. This is Gordon Brown’s big mistake. And this is where both the UK CON Party of D Cameron and Lib Dems party jointly flaunted by Nick Clegg and Vince Cable come unstuck as well. We note however that belatedly the Lib Dems have in effect paid heed to us and dropped Crossrail from their london manifesto 2010 as reported on Thursday by the London EVENING STANDARD. . Having said that we do not rule out the possibility that at a future date, most likely after the scheduled general elections of 6 May 2010, the UK Lib Dems may revert to the previous position of treble contradictions and start bleating for big business crossrail. [To be continued]
Increases in UK property taxes could leave a number of businesses, especially retailers, struggling financially, according to one industry body.
The British Retail Consortium (BRC) has claimed that the knock on effect of an increase in business rates could be an impact on enterprises ability to support jobs.
Stephen Robertson, the BRC's director general, said: "Retailers already pay a quarter of the £24 billion in business rates in England – more than any other sector.
"April's property tax hikes, including business rates revaluation, will hinder retailers' vital role in contributing to the recovery."
The organisation said commercial property revaluations, the first in five years, could see a number of firms struggling to pay business rates.
Retailers in London have the additional burden of paying the Business Rate Supplement (BRS) to pay for the Crossrail development, the BRC stated.
The organisation, which has consistently opposed BRS proposals, also voiced its disappointment that additional safeguards have not been implemented by the government to stop local authorities using the system to "boost their coffers".
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London
Friday
09 April 2010.
Editor © Muhammad Haque.
Khoodeelaar! Told you so! That Crossrail was not economically sound. It wasn't economically viable, justified or necessary. It is a wasteful diversion that is being pushed by MIC-Big business forces to rob the public and pocket £billions under the pretext of big infrastructure projects. This is Gordon Brown’s big mistake. And this is where both the UK CON Party of D Cameron and Lib Dems party jointly flaunted by Nick Clegg and Vince Cable come unstuck as well. We note however that belatedly the Lib Dems have in effect paid heed to us and dropped Crossrail from their london manifesto 2010 as reported on Thursday by the London EVENING STANDARD. . Having said that we do not rule out the possibility that at a future date, most likely after the scheduled general elections of 6 May 2010, the UK Lib Dems may revert to the previous position of treble contradictions and start bleating for big business crossrail. [To be continued]
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Property tax increases could burden businesses, says BRC
Date: 8th April 2010

The British Retail Consortium (BRC) has claimed that the knock on effect of an increase in business rates could be an impact on enterprises ability to support jobs.
Stephen Robertson, the BRC's director general, said: "Retailers already pay a quarter of the £24 billion in business rates in England – more than any other sector.
"April's property tax hikes, including business rates revaluation, will hinder retailers' vital role in contributing to the recovery."
The organisation said commercial property revaluations, the first in five years, could see a number of firms struggling to pay business rates.
Retailers in London have the additional burden of paying the Business Rate Supplement (BRS) to pay for the Crossrail development, the BRC stated.
The organisation, which has consistently opposed BRS proposals, also voiced its disappointment that additional safeguards have not been implemented by the government to stop local authorities using the system to "boost their coffers".
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