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Program Information
BCFM Drivetime
Was 2600 acre Bristol Port sold off for only 4% of its true value?
Weekly Program
 Bristol Broadband Co-operative  Contact Contributor
April 8, 2016, 1:16 p.m.
https://politicsthisweek.wordpress.com/2016/04/07/bcfms-weekly-politics-show-presented-by-tony-gosling-28/
First hour: Mayor hustings 2016 part 1: What are the priorities of each candidate if become Mayor? What do candidates think of TTIP trade deal, is it a further threat to democracy? What are candidates spiritual beliefs, and should spirituality play a role in politics? What is candidates personal wealth and do any have money in tax havens or tax avoidance schemes? – this weeks leaked Panama papers. What would candidates challenge central government on? – transport, referendum for Mayor, austerity ideological agenda, devolution, disabled payments. UK productivity plummets in fourth quarter at fastest rate since financial crisis. Has the economic policy of austerity worked? Works for the rich, tax avoidance, right wing ideology, bail out of the banks. Do the Merchant Venturers give back more to the city than they take? – no open accounts, Royal Charter, slave trading history, involved in schools, an unelected power base, selling off of Bristol docks to two Merchant Venturers
– George gives his version of 2,600 acre Bristol Port sell off to Bristol Port Company run by Merchant Venturers Terrance Mordaunt and David Ord explaining the people of Bristol got good value for money: The council sold a 150 year lease on the 2,600 acre port to Bristol Port Company for £35m in 1991 and have just sold the residual freehold for £10m, a total of £45m or about £17,000 an acre. In June 2015 the 12 acre Walon site at Bristol Port was sold for £6m, or £500k/acre suggesting the 2,600 acres of Bristol Port could actually be worth up to £1.3 billion which is about 25 times the £45m Bristol City Council was paid for the land. So did the people of Bristol only get 4% of what the Bristol Port land was really worth? George didnt remember how much the Labour council, led by George Micklewright, was paid for the 150 year Bristol Port lease (it was £35m)
https://www.youtube.com/watch?v=IecvP4czU8s
https://t.co/l8POAC5T1G

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