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Smoke and mirrors

The spectacular collapse of Carillion shows that the present capitalist system is still working very very well for those who own can control it.

Dear Ed

It is estimated that these fat cats have made around £300 million out of them demise of the company. How does it all work? It’s simple: the hedge fund borrows shares and then sells them. When the value of the shares fall, they then buy them back and they can then return the shares to whoever they have borrowed them making a huge profit.

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Having watched in 2014 that Carillion was heading for trouble these parasites borrowed shares from the company when the value of shares was high and then bought them back when the value crashed.

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Assumptions I read with disgust the letter from Mrs B Smith in Ist Feb issue. I am not fully conversant with the in’s and out’s of how the Parish Council operates so cannot dispute her comments about funding. What I am appalled about is her assumptions about the people of High Green. Even though the “council estates” are quite large, many of the houses are now privately owned and along with the houses built as private in the first place, now make up a large proportion of the houses in the area. I agree that a large number of High Green properties fall into band A council tax. That is not our fault as we have no control over the setting of these rates. That is the councils responsibility. Many properties in the area are in the higher bandings. There are many houses in High Green valued over £200,000. As with all areas, a percentage of the High Green population is out of “paid” work. There are the scoungers, as there are everywhere, which will include the area that Mrs Smith lives in, but there are also many people who do voluntary work within the community while trying to find suitable paid work. As someone who has been lucky to have been in full time employment since 16 years of age, and know many many people in the area who have done likewise, I resent the implications made in her letter. So Mrs Smith, I respect that you are entitled to your opinions, but please do not presume that you know everything about an area you do not live in. Also do not tar everyone in an area with the same brush.

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Carillion Collapse

I refer of course to a whole raft of hedge funds.

8th February 2018

Issue 995

Hoyle on Hole

During the playtime at, The Infants School, Miss Cybil Whitehead came to me saying I have been reading with interest the letters “May we borrow your book for perusal?” I was appearing in local media recently, objecting to the proximately five years of age! proposed development of up to 93 new houses on agricultural green space located at Hollin Busk in Deepcar and as a result have ended up somewhat Discussing your essay of Hoyle-House land! Both puzzled by it all. For according to one letter, the area my late parents’ birth place gave scope for truth. in question has been designated as Open Space/ When realising my looks to me quizzically saying, Open Countryside since 1998 and in addition “Members of the council voted for Hole”. Perhaps comes under the protection of Core Strategy 72, they thought it sounded more polite? protecting countryside not in the green belt adopted in 2009. Meanwhile, the 2017 Housing White Paper apparently reaffirms the strong protection for valued The fact is, Hoyle brook springs from the moors! Open Countryside; underlining such preference on Plus both my parents & their parents twas their the part of government by emphasising the need to birth place! Grandpa build a 4” wall in Viola Bank preventing a landslide onto Brook bottom Brook develop “brown field” sites instead. or broke (ha ha).

One would therefore think that if such “safeguards” I find it strange that the tycoons spotted the are in place and have been so for quite some problems that were arising then yet for one reason time, then their existence would consequently be or another the government missed it all. well known of by both developers and planning You would have thought the our Prime Minister officers and politicians sitting on the planning would have been fully in tune as to what was going committee alike; and if the latter’s decision making on after all, she is supposedly married to someone is (presumably) bound by having to decide in who advises on hedge funds on how to minimise accordance with the aforesaid safeguards, then it their fax payments. would seem to me that any application to build The bottom line is that everybody else involved on a protected land site, would consequently be with Carillion are in danger of losing their jobs and automatically set to fail. Thus begging the question suppliers of smaller firms will only be paid a penny as to why a developer would go to the time, trouble in the pound for their monies that are owed for the and expense of making such a planning application work they have done. in the first place. Little wonder there is a political uproar, and anger with workers, the trade unions, and we the public. Similarly, its also rather puzzling to me, regarding as to why if such safeguards are in place and local Yours sincerely, planning authorities are presumably obliged to John Yale. operate in accordance with them, local groups seemingly feel the need to spring up in order to ensure so-called protected land is in reality Sorry to be writing about this again. The Council protected; rather than trust the established planning portal where people make objections was “system”. down all over last weekend and on Monday which was the last advertised date for posting objections. So does it mean in the final analysis that the I would be grateful if you could put this in the planning authorities can’t be trusted to operate next edition’s letter pages. according to established safeguards? Or that the so-called safeguards are in actual fact no safeguard HOLLIN BUSK: IT’S NOT TOO at all when push comes to shove and there is money to be made? LATE TO OBJECT Unfortunately, many people were unable to access the Council’s Planning Website over the weekend and on Monday to post their objections about the proposed development at Hollin Busk. John Williamson at the Planning Department has confirmed that the page relating to Hollin Busk will remain open for objections. Visit http://planning apps.sheffield.gov.uk and search for 17/04673/ OUT or Hollin Busk to post your objection. We do not yet know the date of the Planning Committee. When this is made public it would be good to see local people attending the Planning Committee. The meetings are always held at the Town Hall on a Tuesday, starting at 2 pm. We will post the date on our Facebook site Friends of Hollin Busk or you can contact us at f.o.h.b@talktalk.net.

From Jenny Wren

Fairtrade Fortnight The Fairtrade Group would like to draw readers’ attention to Fairtrade Fortnight which takes place from February 27th to March 12th. As Stocksbridge has the honour of being a Fairtrade Town we hope that local people will join us in celebrating this event. There will be free Fairtrade coffee, tea and biscuits upstairs in the Library on the morning of February 28th and prizes to be won in a raffle on March 4th at the Co-op. We also plan a competition for school pupils with lots of prizes. If any local group is arranging a Fairtrade event of their own we would be pleased to hear about it. Fairtrade is what it says it is – trade that is fair to both the producer and the consumer. That’s something we can all support. Contact Margaret on 2882393 or Joan on 2888399.

Co-op Car Park

I use the above centre generally once a week on Saturdays. The purpose of the visit is to dump plastic that is forbidden from the domestic bins - I find this ridiculous any way. Apparently ‘plastic’ Therefore perhaps someone knowledgeable can is not ‘plastic’. Many people visit the centre for the shed some detailed light for the uninitiated please? same reason. The state of the site is disgusting. The bins are often full, plastic bags and paper / cardboard is strewn all over the place. Can the powers that be please do something about this? It Yours faithfully does not send a very good message to the public.

Michael Parker.

I might add that accessing the site by car following the road markings not easy.

David Lawson.

Elaine Smith J.Dale. High Green resident for 46 years.

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