Tags for Forum Posts: 'move51degreesnorth, , 'eu state aid', , haringey, spending'
AFTER the big 'investment' in a chicken restaurant and now a bigger one in a lettings agency, one has to wonder what new business area Haringey is going to enter next.
The 'investments' aren't intended necessarily to generate returns, but in order to set an example to established businesses who are seen as being in need of competition. In both cases the motivation is admirable.
However, is the Council best placed to organise a Demonstration Effect?
There are surely better ways to address the perceived problems of a market rather than to drop a million+ pounds of taxes into competing businesses. Should we have confidence in the commercial acumen of a Borough Ad-venture Capitalist?
The re-branding exercise didn't even dent the budget of the Council's 'Communications' Department. It's just as well the local authority is rolling in cash.
CDC
Haringey Councillor
Liberal Democrat Party
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