Originally Posted by
thunderbird7
Its almost like you need an organisation to look after estates, run by the MOD - you could call it, say, MOD (PE)?
Googling MoD PE to research my pithy comment above, I came across
this article. No wonder the UK has so little money when greedy people are given the opportunity to strip the assets of the nation bare. Scandalous doesn't even begin to cover it.
What an article.
"This had another consequence: the high borrowing costs meant that all the hundreds of millions paid in rent by the MoD in the last two decades has washed straight offshore, endlessly servicing debt. Annington’s investors – the biggest winners in the deal – have made the largest profits. And because all the rental income floods offshore, Annington has never made an operating profit in the UK. Despite receiving £168m in rent from the MoD last year, Annington didn’t pay a penny of corporation tax."
Veterans freezing on the streets and you read that.
Draft in a few ex VSO's as supposed top cover and crack on!
I wonder how many involved, both mil and civ service, were mentioned in New Year awards over the decades??