Big shout goes out tonight to our old friends at the South West Regional Development Agency (SWRDA). Located in rather charming dockside offices at Temple Quay, the wealthy unelected regional quango with the transparent Merchant Venturer connections has found a brilliant new way to spend our hard earned tax.
The Blogger learns that the quango has admitted today to spending over £61,000 of taxpayers’ money attending MIPIM.
And what the fuck is that you ask? Well, it says here, “Functioning as a global market place, MIPIM provides a unique opportunity for industry decision-makers to meet, develop long-term relationships and showcase their latest development projects.”
Although Clare Barrett, managing editor of Property Week magazine, has a slightly different take on it. “It’s basically a four-day party with loads of lobster and champagne on yachts,” she helpfully explains.
Oh – and also – this £15k a day courtesy-of-the-tax-payer shindig takes place at the Palais des Festivals in Cannes. That’s the same place that they hold that notoriously downmarket film festival . . .
Nice work if you can get it!