It’s full circle as Bank reinvents the wheel
I WAS reminded of the principle of reinventing the wheel by the news (Yorkshire Post, December 19) that the Bank of England is to introduce plastic pound notes, a very practical form of currency we enjoyed using on a family holiday to the Isle of Man some 30 years ago.
It is a good move, but should the bank be sounding quite so pleased with themselves after taking 30 years to catch up?
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Hide AdLast week, you featured yet another worthy report concerning the cost to the economy and the environment of traffic congestion on commuter routes into our major cities including Leeds – a regular event that is absolutely true and totally useless because, like all the other reports on this topic, it will be completely ignored.
Suburban dwellers have to live with the results of over-development and the congestion report told what we already know, so why is it that national development companies are allowed to accumulate massive land banks, eliminate local builders and use their substantial assets to intimidate local councils?
Developers make no secret of wishing to build only highly profitable developments on green fields and have no interest in assisting in much-needed urban regeneration, but this attitude is clearly against the public interest and should be opposed and not encouraged by Government.
Once the current politicians and builders have dismantled the present green belt, set up in the 1950s to prevent urban sprawl and encourage urban regeneration, will we then see another set of politicians in the future claiming credit for re-inventing it?