Letter: Brummie Bonds Would Improve Local Facilities

Summary


Dear Editor, -Along with civil servants (Post, Jan 3), there's something else Birmingham should import from the capital. According to recent reports, the Treasury is considering allowing Ken Livingstone to raise billions for large transport projects by selling his own bonds to public and private institutions. He in turn has promised to introduce a form of 'people's bond' so ordinary Londoners, not just institutions, can buy them.

Livingstone is quoted as saying: 'We have explored with the Treasury how far we can go. It would be an incredible step forward because they would be looking at the use of bonds for a whole range of projects.

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Extract


Letter: Brummie Bonds Would Improve Local Facilities

'What I want is bonds that are not just available ...

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