£7 Billion Spent On Thames Gateway So Far And They Don't Know Where The Money's Gone...?

Question

Do you think this is another case of Labour mismanagement of tax payers' money?

http://www.thisislondon.co.uk/standard/article-23428109-details/Gateway+to+a+housing+disaster/article.do

Ministers are under pressure to conduct an independent review of the troubled Thames Gateway project as the full extent of mismanagement and excessive bureaucracy blighting the scheme is exposed.

The development, the biggest of its kind in Europe, was thrown into turmoil with the ousting of chief executive Judith Armitt, who lost the confidence of senior figures at the Department for Communities and Local Government, including Housing Minister Yvette Cooper. But Opposition MPs claim she was a scapegoat for a project which is threatening to become a "Dome-like" embarrassment for Gordon Brown.

The regeneration scheme promises up to 225,000 jobs and 160,000 homes in a 40-mile corridor along the estuary from Docklands to Southend and Lewisham to the Isle of Sheppey

• The Government oversees 65 taxpayer-funded agencies and organisat ions, often with overlapping responsibilities.

• It has no idea how many homes were built in the project's first four years.

• The project has swallowed £7 billion in tax money but there has been no proper audit on how it has been spent.

• Until November - six years after the project was started - there was no comprehensive plan, and the private sector is losing confidence in the Government's ability to deliver.

Answer 1

Will it ever be habitable ?
Sir Peter Hall, one of the Thames Gateway's founding fathers, is keenly aware of the dangers of building so much so quickly along the river today. "It's true," he says, "that few people have ever lived here, the winds are cold, there are floodplains and polluted land. And, there have been devastating floods." As at Canvey Island on January 31 1953, when heavy rain combined with a surge tide caused the Thames to crash over inadequate sea walls. Fifty nine people died. Half a million cubic yards of clay, 350,000 concrete blocks, 2,000 tons of sheet steel and five miles of old London tram tracks were needed to raise the level of the sea wall. Fifty years on, water levels are rising.

Answer 2

out with the tide

this is what happens with big government or big business, to many chiefs and no braves.

the project is and Will be in a shambles until the management and accountability are held to account and close scrutiny.

if the project does not see some investigation it will crumble as yet another labour failure. , tax payers need to know were our money has gone,

scapegoats come and go. in the end we will find it is the heart of the government projects advisers that will profit and see no accountability for all matters concerned I'm afraid.

it will be the tax payers and small investors that will loose in projects like this

Answer 3

yea we cant seem to do anything in this country without it going 300 percent over bugdet , a lot of it is job creation , burocreacy , health and safety , red tape and as weve seen so often corruption .

talking about large amounts of money unacounted for the states has the record for that . the day before 9/11 donald rumsfeld said on tv there was 2.3 trillion dollars unacounted for !! next day the biggest "terrorist event" ever happens , if you wanna bury news unreal !! link to it is here : http://www.youtube.com/watch?v=xU4GdHLUHwU

Answer 4

OMG