WHO REALLY IS RUNNING CROYDON (Part 94): Croydon Council is spending nearly £8,000 to send three senior members of staff to the South of France next week on a sales trip – to flog flats and property on behalf of the multi-billion developers who are taking over this corner of south London.
Next week sees the staging of the annual developers’ bun-fight, MIPIM, in Cannes, a champagne-fuelled four-day short-break beside the Mediterranean, where deals worth hundreds of millions of pounds are done on “investment” properties and office schemes.
In the past, such spending on the rates has been criticised thus: “It’s a junket on the taxpayers and people don’t want to see highly paid council officials swanning around the French Riviera.”
And flat-broke Croydon Council will be spending thousands of pounds of Council Tax-payers’ cash to be there to help promote Westfield, Hammerson, Laings, Menta, Redrow, Barratts and any other property dealers who have got their claws into the borough, and probably for some who haven’t done so just yet. Continue reading