Is EDDC Leader Ingham “sowing division between communities”?

From a correspondent:

“Like many others, I have a complimentary copy of the Budleigh Journal put through my door which is usually very out of date.

Today –October 17th-I received the October 9th copy. Hence I have just read that EDDC Leader Ben Ingham thinks that it is unfair to villages that they subsidise the Budleigh Salterton free car park on the Green. Originally given to the Town by Lord Clinton.

https://www.exmouthjournal.co.uk/news/consultation-on-pay-and-display-at-budleigh-car-park-1-6304735

What happens to the money received from all the beach huts in BS?

What happens to the money received from the Lime Kiln car park in the summer months, particularly on a hot day when it is difficult to find a car parking space?

And of course towns like BS and Sidmouth do have a very high council tax receipt.

There are cross subsidies on all forms of taxation. We do not expect someone with a chronic illness to pay for their NHS treatment. They are subsidised by those fortunate enough to remain healthy.

It is not helpful or wise for the Leader of the Council to sow division between communities”.

The Great Help-to-Buy ripoff

“Building chiefs cash in on Help to Buy”

Bosses at Persimmon, Barratt and Bellway have been handed shares worth more than £12million.

Persimmon chief executive David Jenkinson exercised share options worth £10million under the housebuilder’s controversial bonus scheme, while two top Barratt executives received stock worth nearly £1million, and two Bellway bosses were handed performance-linked shares worth £1.6million.

The bonanza came just a day after Tony Pidgley, the founder and chairman of rival builder Berkeley, sold shares worth £42million.

His deal took the amount he has made from selling stock in the past two and half years to £166m.

Last night critics condemned the share awards, which came just a week after figures showed the rate of house building in the UK had hit a three-year low.

Developers such as Persimmon, Barratt and Bellway – but less so Berkeley – have also raked in record profits off the back of Help to Buy, a taxpayer-funded scheme that lends cash to buyers.

Reuben Young, a spokesman for housing campaign group Priced Out, said: ‘The scandal is these payouts are only made possible by Help to Buy, which has taken developer profits into the stratosphere by investing public money into rising house prices.’

Persimmon’s Jenkinson, 52, received 411,084 shares worth £9.7million at yesterday’s prices. After taxes he received 217,874 shares worth £5.2million and he is required to hold on to them for at last one year.

Barratt chief executive David Thomas received 64,182 shares worth £431,000 through a bonus plan and deputy chief Steven Boyes received 50,795 worth £341,000.

Bellway awarded 30,667 performance-linked shares worth about £1million to boss Jason Honeyman and 17,823 shares worth about £600,000 to finance chief Keith Adey.

The final amount of shares they receive will depend on whether they hit performance targets.

Meanwhile, Pidgley has sold shares in the past six months that have made him £79.2million.

That included 1m he sold in July for £37.2million and a further 1m on Tuesday for £42million, cashing in on his company’s rising share price.

The sales came after Pidgley previously sold a total of 2.5m shares for £86.8million in 2017 – taking the amount he has made since then to a staggering £166million.

The building firms declined to comment.

https://www.thisismoney.co.uk/money/markets/article-7585531/Building-chiefs-cash-Help-Buy.html

East Devon’s population explodes

In 2017, East Devon’s CEO and Electoral officer “lost” around 6,000 voters:

https://eastdevonwatch.org/2017/05/31/those-missing-6000-voters-electors-jump-from-96000-to-113000-plus/

and, when he had to explain it and put some effort into finding them, the population jumped from 96,000 to more than 113,000.

Now, in 2019, East Devon’s population is said to be 144,317!

https://en.m.wikipedia.org/wiki/East_Devon

30,000 plus people added in just 2 years!

Wonder if the population increase is reflected in the electoral roll?

Government has to concede rail privatisation not working

“Northern rail could be renationalised, says transport secretary.

The Northern rail network could be renationalised after years of late and cancelled trains, according to the transport secretary, who said the current franchise cannot continue as it is.

Grant Shapps told the Commons transport select committee that first steps had been taken towards taking the Northern rail network back into public hands. He said he had asked the Northern franchisee, the German-owned Arriva, and the government’s operator of last resort to draw up proposals to improve the service.

Highlighting that barely one in two Northern trains ran on time, Shapps said: “I consider that it cannot continue delivering in the current delivery method.”

He added: “I entirely believe we cannot carry on thinking it is OK for trains not to arrive, or Sunday services not to be in place – that simply has to change.”

His remarks were welcomed by politicians who have criticised the service, whose vast network runs from Newcastle to Leeds, Liverpool, Hull, Manchester and Stoke. Greater Manchester’s mayor, Andy Burnham, said: “After months of misery it is a relief for us to hear government finally accept what we’ve been saying repeatedly, that things can’t carry on as they are.

“Northern passengers will agree with the transport secretary that the current situation of unreliable, overcrowded trains cannot continue. …

Labour said all rail franchises should come under the state’s wing, joining Network Rail. Andy McDonald, the shadow transport secretary, said: “Northern Rail’s incompetent operator should have been stripped of its contract years ago over its abysmal performance record. The government’s refusal to do so has meant massive inconvenience for rail passengers and damage to the region’s economy. …”

https://www.theguardian.com/business/2019/oct/16/northern-rail-should-be-renationalised-says-grant-shapps-transport-secretary?CMP=Share_iOSApp_Other

Unemployment much higher than official figures (but not in Exeter)

“Millions more people in Britain are without a job than shown by official unemployment figures, according to a study that suggests the jobless rate should be almost three times higher.

According to research from the Organisation for Economic Co-operation and Development (OECD) and the Centre for Cities thinktank, large levels of “hidden” unemployment in towns and cities across Britain are excluded from the official government statistics.

The study found that more than 3 million people are missing from the headline unemployment rate because they report themselves as economically inactive to government labour force surveys, saying that they believe no jobs are available.

It said the true unemployment rate should rise from 4.6% to 13.2% of the working-age population not in education. The OECD made the estimate by creating an adjusted economic activity rate, which removes students, pensioners, people caring for family and people with health issues.

In a stark analysis of joblessness across the country, the assessment raises the total number of people out of a job who could work from the official level of 1.3 million to almost 4.5 million.

The Centre for Cities said that urban locations faced the highest levels of hidden joblessness. Liverpool had the highest rate in the country, with around one in five working-age adults not in education finding themselves out of work.

At 19.8% compared to 5.8% on official statistics, joblessness in the city ranked just ahead of Sunderland, Dundee, Blackburn and Birmingham.

All the top 10 cities with the highest adjusted economic inactivity rates were found to be outside London and the south-east, and all tended to have weaker economies. In contrast, cities across the south-east had much lower jobless rates, with Crawley recording the lowest adjusted rate of just 2%. Oxford and Exeter were also below 5%. …”

https://www.theguardian.com/business/2019/oct/17/unemployment-figures-should-be-millions-higher-says-research?CMP=Share_iOSApp_Other

PegasusLife says Knowle to retain age restriction (for now?)

“… When approached for a comment by the Herald, a PegasusLife spokesman said: “The approved scheme at Portishead has a very different level of care requirement in terms of hours of care required and scope of what is included in the definition of care compared to the Sidmouth development.

“We have no plans to submit an application to remove the age restriction or change the use class at Sidmouth.”

https://www.sidmouthherald.co.uk/news/developers-pegasuslife-assure-the-same-won-t-happen-in-sidmouth-as-it-did-in-portishead-1-6325896

BUT PegasusLife is merging with two other companies

https://eastdevonwatch.org/2019/10/05/big-changes-for-pegasuslife-maybe-knowle-wont-be-retirement-homes/

and will soon be called “Lifestory” – will new brooms sweep in different directions?