Wondering why local Labour politicians have been praising Carboot Circus to the high heavens?
Well, it seems that the Chairman of Land Securities, the real estate speculators behind the Carboot Circus, is Paul Myners who also happens to donate a lot of money to the Labour Party.
He’s also chair of the Guardian Media Group and a director of GLG a £25bn hedge fund responsible for the kind of short selling that the Labour government is now blaming – wrongly – for their financial crisis.
There’s more on Paul Myners. He’s chairman of the Low Pay Commission (so knows exactly how dirt cheap shop workers and security stall will be) and was formerly chairman of Marks and Spencers, which may explain why they decided to stay put in Broadmead.
He gets all kinds of government jobs. That’s one of the perks of donating money to the party of government.
There are many good reasons for not driving… pollution, climate change, the anti-social nature of the car etc. The best reason of all however is that it would herald the end of Auto Trader… the profitable part the Guardian Media Group. They would collapse without it… just imagine the pleasure… no more whinging, whining Guardian.
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Guess who has just become a member of the Labour Govt as a result of the reshuffle….Paul Myners!
Will it be Lord Myners soon??
Lord Myners of Carboot?