It took Peel 10 years to get a profit out of LPL so they knew what they were getting themselves into as there was no immediate gains over there.
They overhyped DSA and with the economic climate as it is and the improved local competition it means it isn't as easy as they thought it would be.
The whole local rates issue smacks of Peel trying it on to get more money out of the local council who have backed them to the hilt so far.
Cheeky? That's Peel.