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Habitationi Bulla

DT reporting on land barons - Connections to Dave!

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In October last year, Tony Gallagher threw his friend David Cameron a 50th birthday party at Sarsden House, his 17th-century mansion near Chipping Norton, Oxfordshire. He served a dinner of roast beef and lamb, cooked on his Aga, to a private gathering of 23 people.

http://www.telegraph.co.uk/business/2017/08/05/modern-day-barons-inside-murky-underbelly-land-promotion/

Can't quite believe such an article is in the DT .. what a surprise that Daves mate making vast sums from Daves property bubble and unwillingness to sort out planning laws that benefit the crony capitalists.

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£250m ...chicken feed.

The zirp bubble fls etc etc are to help much larger monsters BTL are just a sideshow.

George Osborne will earn £650,000 a year for working four days a month at BlackRock

Tony Blair’s high-profile, lucrative and controversial post-Downing Street career as a Middle East peace envoy and international business broker – including a reported £2m a year role for JP Morgan

Former Prime Minister Gordon Brown did not personally receive a penny from the £1.37m he generated from speeches and writing over the past year, his office said today.

Nick Clegg was paid £22,500 by Goldman Sachs for a two-and-a-half-hour speech 

Morgan Stanley has said former Chancellor Alistair Darling will join the bank's board of directors.

Thanks for the save lads.....we got you backs now.

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4 hours ago, Patient London FTB said:

Interesting that Gallagher sold up recently (article has more detail on this). Did he think land market had topped? 

I'm amazed such an article is in the DT, clearly came from Tory HQ.

He must think the markets reached its peak if he sold up, and he clearly has insider information.

Without such complex ways of getting planning permission there isn't much of a business there.

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Unfortunately not a surprise.  Par for the course some would say as were pre election promises to follow different policies to be reneged on immediately after getting people's vote and gaining power.

Edited by billybong

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Articles like the telegraph's aren't new either.  For sure in the archives now and then there'll be plenty of similar articles covering various land/housing VIs from the full range of the press and media from all around the country.  The telegraph etc can claim to be publishing revelations fed to them likely by the VIs and claim to be exposing stuff and politicians can make pre election promises claiming to make things better and then they will renege on them immediately on gaining power.

And so it continues.

Another one that regularly makes the headlines is councils selling off stuff (land, buildings etc) cheaply to pals.  Nothing changes - and so it continues.  

There's a long list of such stuff - in the so called democracy.

Edited by billybong

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7 minutes ago, Habitationi Bulla said:

I'm amazed such an article is in the DT, clearly came from Tory HQ.

He must think the markets reached its peak if he sold up, and he clearly has insider information.

Without such complex ways of getting planning permission there isn't much of a business there.

Being in the DT I thought it would have more of an anti-development angle aimed at their NIMBY readers, but it doesn't. It is in the business section rather than the general news section. The angle seems to be more anti-speculation than anti-development. 

It's an instructive read. Interesting to know there's a load of land out there with planning permission all ready to go. It's just only slowly being turned into new housing under the current system due to the lack of capacity in the housebuilding industry. 

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This comment did make me laugh from the Archbishop of Nimbyism, hope it stopped him selling and wiped a fortune off the price.

Late last year the former Archbishop of Canterbury, Lord Carey, accused Gladman’s firm of “reflecting the worst features of capitalism” when it applied for planning permission opposite his Berkshire home, disrupting his plans to sell up.

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