That's rather disingenuous of you John. I'm sure you're aware that it became a Carillion contract when John Laing, to whom your administration awarded a 15 year contract in 2008, cashed in by selling the contract to Carillion in 2013. Worth noting that during its time running LBH services John Laing appears to have become a part of Henderson Infrastructure Holdco which was itself owned by a company in Jersey. I'm sure that can't have had anything to do with tax.Nothing the Labour administration could do about this Jersey holding company selling off its assets, just financiers dividing up the taxpayer-funded baubles they had been awarded by your team.And as far as I can see CIP did not go bust. For whatever reasons, your administration did not allow this community-run not-for-profit operator to bid to keep running the service in 2008, and after that they seem to have run the business down in an orderly manner, leaving around £2m which is now the funding for Inspire Hounslow, which makes various community grants.But I was still working in industry when all this went down so perhaps you, who were intimately involved I think, know better. All I can say is we're delighted to be shut of Carillion, Henderson Infrastructure Holdco (Jersey) and John Laing and all who sail in them and can now start looking forward.
Guy Lambert ● 2742d