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OTHER ISSUE 7 ARTICLES: LESS SERVICES, MORE LUXURY FLATS |
LIVERPOOL, CITY OF VULTURES? The next couple of months are a crucial time for Sir Bob
Scott, Peter Toyne and all their business mates as they bid for Liverpool
to be Euro city of Culture, with visits from panel members and more announcements
of big projects. PnP have always been suspicious of the city of culture
plan, believing that money was the main motivation for this bid. And with
many grass roots arts organisations getting their funding cut as the bid
was being launched, our suspicions have proven justified. According to
Peter Mearns of the North-West Development Agency 'extra spending by visitors
could be as high as £25m in the first year' if the city gets the culture
title. Tourism will increase and there will be more jobs in filmmaking,
media, computer software and educational services. But we can't help but
feel cynical about how much any of this will benefit local people. Indeed,
investment has been flooding into the area for the last 20 years but this
time the city's economy is expected to grow faster than the national average.
How this will effect most ordinary people is still unclear. Council executives,
surveyors and lawyers have already made big money in the name of regeneration
and more multinational businesses are hoping to move in for a share of
the profit. Prestige projects like the new Liverpool 'gateway' by Lime
St. will create luxury homes and hotels, and some jobs, but previous experience
shows the big bucks will probably end up safe in off shore bank accounts.
The trickle down effect was discredited in the days of Margaret Thatcher,
yet the poor people of Liverpool continue to have little say in the spending
of regeneration money as it piles into the city centre. |