Category Archives: Colonnades

Croydon in crisis: Council has been axing jobs since January

EXCLUSIVE: The Town Hall leadership is spinning to giddying levels to pin the blame for the council’s parlous financial position on covid-19, the Tory government… indeed anyone but the people responsible: themselves. But it is now emerging that the council … Continue reading

Posted in Colonnades, Croydon Council, Croydon Park Hotel, Jo Negrini, Tony Newman | Tagged , , , , , , | 3 Comments

Shock as leader of council with £1bn property debts is ousted

The leader of a local council which has gambled hundreds of millions of pounds on the property market has been ousted by party colleagues, and may now face an independent investigation. No, loyal reader, don’t get too excited just yet… … Continue reading

Posted in Colonnades, Croydon Council, Croydon Park Hotel, Outside Croydon, Surrey | Tagged , , , | Leave a comment

Chancellor is taking an axe to councils’ magic money tree

Croydon Council has more than £1bn of borrowings – half of which has gone on Brick by Brick and the purchase of some commercial properties. Proposals contained in the Budget this week could put an end to that, as KEN … Continue reading

Posted in "Hammersfield", Bernard Weatherill House, Brick by Brick, Business, Centrale, Colonnades, Croydon Council, Croydon Park Hotel, Croydon parks, Jo Negrini, New Addington, Planning, Property, Queens Gardens, Simon Hall, Tony Newman, Whitgift Centre | Tagged , , , , , , , , , , , , , , , | 1 Comment

Interest hike squeezes Brick by Brick’s speculative schemes

The Tory government’s obstinate fixation to drive the country off a Brexit cliff-edge at the end of October is driving down the value of the pound and causing massive problems for industry. Especially in construction – which could mean very … Continue reading

Posted in "Hammersfield", Boxpark, Brick by Brick, Business, Colm Lacey, Colonnades, Croydon Council, Croydon Park Hotel, Gavin Barwell, Housing, Jo Negrini, Planning, Tony Newman, Whitgift Centre | Tagged , , , , , , , , , , , , , , , , , , | 2 Comments

£29m: Croydon tops the table for flogging off public assets

With inflated claims of returns from the council’s house-builder being compared to a Ponzi scheme, a former council official says, ‘We are in uncertain times and the risks being taken with public money are huge compared to the marginal potential … Continue reading

Posted in Brick by Brick, Business, Colonnades, Croydon Council, Croydon Park Hotel, Jo Negrini, Tony Newman | Tagged , , , , , , | 1 Comment

Scott unveils secret plan to build 12,000 flats beside Purley Way

EXCLUSIVE: Under pressure over rising housing targets, has Paul Scott found his get-out-of-jail-free card alongside the A23? KEN LEE reports Having spent the past five years excusing the overdevelopment of neighbourhoods throughout the borough by claiming that there are no … Continue reading

Posted in Andrew Pelling, Broad Green, Business, Colonnades, Cycling, Environment, Harris Primary Purley Way, Housing, Ikea, Joy Prince, Manju Shahul Hameed, Mayor of London, Paul Scott, Planning, Property, Purley Way, Robert Canning, Stuart Collins, TfL, Transport, Waddon, Waste incinerator, Wing Yip | Tagged , , , , , , , , , , , , , | 14 Comments

Colonnades purchase is massive gamble with public money

CROYDON COMMENTARY: Spending millions to buy a private business risks feather bedding property speculators, says DEREK THROWER Under a Conservative government, local authorities, including Croydon Council, are being given public cash to nationalise private assets and land. That’s quite extraordinary … Continue reading

Posted in "Hammersfield", Business, Colonnades, Croydon Council, Jo Negrini, Purley Way, Waddon, Whitgift Centre | Tagged , , , , , , , , , | 3 Comments