Tag Archives: Bristol Holding

BUSINESS NOT BOOMING

bristol-energy

It’s trebles all round for the variety of FAILING BUSINESSES run by our council. At last month’s Cabinet meeting, politicians not only agreed a further £6MILLION HANDOUT for Bristol Energy, which has now had £37.7million of our money, but decided that Bristol Holding, the parent company for Bristol Energy, Bristol Waste and their low key data gathering firm, Bristol is Open, now needs AN EXECUTIVE CHAIRMAN on a cool £150k a year.

This expensive appointment is the prelude to the council’s City LEAP energy venture where public assets and infrastructure such as wind turbines, solar panels and local heat networks will be handed over to Bristol Holding, basically A PRIVATE FIRM outside any useful public oversight. The holding company will then be able to use these assets as sweeteners to attract private sector investment. A plan that has all the characteristics of yet ANOTHER COUNCIL GIVEAWAY TO THE PRIVATE sector.

The Reverend’s finance chief, Craig “Dick” Cheney, also used City LEAP as the excuse for keeping his LOSS MAKING SHAMBLES of an energy firm afloat for reasons he didn’t make very clear. Will we end up funding this LOSS-MAKING VANITY FIRM indefinitely while the private sector gives it a wide berth and cherry picks other valuable public assets for PROFIT? It was also quietly announced at the same meeting that Bristol University was pulling out of the underperforming joint venture data gathering firm Bristol is Open. Although it’s not yet clear whether the university JUMPED or were PUSHED.

How long before our council is handing any ‘smart city data’ they’ve gathered about us over to the private sector hawks that are circling?