Cuts - And So It Begins

tomterm8

doire wrote: »

The full list of projects cancelled:
...
Outukumpu: £13m

????

What's that, then?

doire_2

tomterm8 wrote: »

????

What's that, then?

Its where the Oompa Loompa's go to relax

ILW

lostinrates wrote: »

I love stonehenge. I really love it. And I have to say I wish they wouldn't have the visitor centre. what is amazing about it is that it is where it is, alone, and that we have minimised our interfering busybodyness about it. Stonehenge is well documented...can a visitor centre really offer anything new?

I'm afraid even if I didn't feel this way that I think its a good idea to at least postpone things like the visitor centre spend.

i agree,
Near where I live there is a large country park, it is quite wild despite being between two towns. The visitor centre consisted of a few sheds with some artifacts and another which was a hut selling tea, coffee, bacon sarnies etc. It was great after a walk on a chilly day.
They then got some sort of grant and have built a massive visitor centre with a restaurant which is outsourced to a catering company, you cannot get a cheese sandwich now, only a Brie Ciabatta etc.
I for one much preferred the old arrangement run by two ladies.
A prime example of public money being thrown at something and ending up with something worse than when they started.
The more of this waste teat gets cancelled the better

Generali

doire wrote: »

Well this one - Sheffield Forgemasters International Limited: £80m - was going to create 180 new jobs for a start

That works out at about £450,000 per job. Are these investment bankers? Even Goldmans Sachs' employees average less than that.

Gotta love innumerate Socialists **pats leftie on head and ruffles hair**

doire_2

Generali wrote: »

That works out at about £450,000 per job. Are these investment bankers? Even Goldmans Sachs' employees average less than that.

Gotta love innumerate Socialists **pats leftie on head and ruffles hair**

It was an £80million loan

What about this one

Rollout of the Future Jobs Fund: £290mA fund to support job creation for young people who were long-term unemployed which aimed to create 150,000 jobs.

Thrugelmir

lostinrates wrote: »

Stonehenge...part of the Olympics? What for...high jump?

Bizarre.

Tourism, one industry that could really be beneficial in the coming years.

Pete111

Generali wrote: »

That works out at about £450,000 per job. Are these investment bankers? Even Goldmans Sachs' employees average less than that.

Gotta love innumerate Socialists **pats leftie on head and ruffles hair**

I totally agree that even taking into account the extra tax revenue and reduction in benefits payouts, 80 Mill is way too much to pay for 180 jobs (by a loooong way)

However was this due to be a grant or a loan?

EDIT - Aha a loan - this looks slightly more harsh then

ILW

doire wrote: »

It was a £80million loan

If there was a good chance of it being commercially viable, they should be able to borrow the money anyway.

Thrugelmir

doire wrote: »

It was an £80million loan

Targeted to win votes ( said cynically).

tomterm8

I can't really support getting rid of newton scholarships, the University Enterprise Capital Fund, and the Health Research Support Initiative... all three areas have the potential, if run effectively, to actually generate taxpayer revenue over the next decade. The rest, I am not too bothered about. Personally.