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Privatising the Land Registry ‘a double whammy’

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Nia Griffith: Land Registry privatisation a rip off

COMMENTING on revelations in the Times (May 26) that all the companies which are interested in bidding for the Land Registry have links to offshore tax havens, Nia Griffith MP, has said that selling off the Land Registry to one of these companies risks a double whammy, with the taxpayer, losing out both directly on profits the Land Registry currently makes and on taxes due on the profits made by one of these companies.

The Llanelli MP joined PCS members and the campaign group 38 degrees in Westminster on Thursday (May 26) to hand over a petition with over 200,000 signatures to the UK Government, calling on ministers to abandon plans to privatise the Land Registry, which has its main offices in Swansea.

Nia Griffith explained: “Privatising the Land Registry would be nothing short of daylight robbery, robbing the taxpayer of millions of pounds. The Land Registry currently brings in nearly £100 million into the Treasury in profits each year, so it is madness to steal this from the Treasury and stuff it into the pockets of private contractors, who would probably then add insult to injury by hiking the fees and ripping off the public.

“Worse still we have revelations this week in the Times that all the companies which are interested in bidding for the Land Registry have links to offshore tax havens. So that would be a double whammy: we as taxpayers would not only lose out on the direct profit from the Land Registry, but we could find that the Treasury does not even get the tax due on the profits made by one of these companies from a privatised Land Registry.

“And who’s to say that this Tory Government wouldn’t be wilfully incompetent and sell off the Land Registry at a bargain basement price, as they did with the Royal Mail, depriving the public purse of the true value of this asset?”

Nia Griffith continued: “That’s before we come to the issue of trust: currently the Land Registry has a customer satisfaction rating of 98%, and people trust the Land Registry because they know it is impartial as only a government body can be. How could you possibly guarantee that there would not be conflicts of interest if it were a private company? Particularly a private company which has no qualms about using tax havens to deprive the UK taxpayer of monies owed.

“Would a private company keep offices in Swansea or would it be outsourced to some far-flung place where they cannot tell one Welsh name from another? Then there is the issue of data protection: I am advised that there would be nothing in law to prevent a private company selling on personal data to buyers who want the information.

“We must resist any attempt to privatise the Land Registry or to hive off the Land Registry into a ‘Government– owned company’ which could pave the way for privatisation.”

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Llanelli: Stop notice issued for school planning application

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A CONTROVERSIAL planning application for a new 480-spaced school in Llanelli has been issued a stop notice by the Welsh Government.
Carmarthenshire County Council is proposing to build a new £9.1m school on Llanerch Fields in Llanelli and were looking to determine the planning application in the coming weeks. Welsh Government will now decide whether to call in the application or not.
The new school would accommodate 420 primary and 60 nursery pupils, set over two floors with larger classrooms with integrated IT facilities, a multi-purpose hall and specialist provision for pupils with additional learning needs.
Over recent years there has been much debate in the area on the choice of site for the new school with campaigners arguing that they support a new school, but object against Llanerch fields being built upon. Last year an attempt to get the land designated as a village green was turned down.
In 2017, Ysgol Dewi Sant as the first Welsh medium primary school to be provided by a local authority celebrated its 70th birthday.
Councillor Rob James, local member for Lliedi, stated “From day one I have raised concerns that the Council’s site choice and planning process opened the Council up to the possibility of the Welsh Government calling in the planning application. It is clear that these concerns were not misplaced and there is now a really chance that it will be. 

“As a local Councillor, a school governor and a parent, I am passionate about the need for a new school for the pupils of Ysgol Dewi Sant and it is important that local pupils get the benefits of a 21st century school.
“I will now be working with Council Officers to ensure that contingency plans are prepared in case the Welsh Government state that the planning application does not comply with national planning policy.
“I will also work with parents, pupils, residents and interested parties are able to engage with the Welsh Government during this process.”

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Third annual Burry Port Raft Race is eagerly awaited

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THE THIRD ANNUAL BURRY PORT RAFT RACE, organised by Burry Port couple, Craig and Isabel Goodman, will be held on Saturday (July 27).

The event which is held in Burry Port Harbour, raises much needed funds for both Burry Port RNLI and a children’s football academy and primary school the couple support in The Gambia.

The day launches at 12pm with stands, food stalls and children’s inflatable games and rides and these will be available until 5pm. You’ll also have a chance to meet the crews, who’ll be busy putting the final touches to their rafts.

Rafts launch at 3pm, followed by a presentation ceremony, including prizes for first raft over the line, first raft to sink and best dressed raft.

Craig said: ” A huge thank you goes to all our sponsors, including overall sponsor Dawsons, along with continued sponsorship from Celtic Couriers, Parker Plant Hire, Burns Pet Nutrition, Burry Port Co-Op, Llanelli Star, LBS Builders Merchants, Burry Port Marina, First Choice Flooring and Pembrey and Burry Port Town Council.

For any further information about the event, please contact 07825 842981.

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Compensation offered after FSCS declares Llanelli firm in default

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CONSUMERS could get back money they have lost as a result of their dealings with a failed regulated firm in Llanelli, Carmarthenshire. The firm is Hayden Williams Independent Financial Services Limited formerly Assura Protect, Room 1, 7 Meadows Bridge, Parc Menter, Cross Hands, Llanelli, Carmarthenshire, Wales SA14 6RA.

The firm was declared in default in June 2019 by the Financial Services Compensation Scheme (FSCS).

FSCS is the UK’s statutory compensation scheme that protects customers of authorised financial services firms that carry out certain regulated activities. A declaration of default means FSCS is satisfied a firm is unable to pay claims for compensation made against it. This paves the way for customers of that firm to make a claim for compensation with FSCS.

Alex Kuczynski, Chief Corporate Affairs Officer at FSCS, said: “FSCS steps in to protect consumers around the UK when authorised financial services firms go bust. This vital service, which is free to consumers, protects deposits, insurance, investments, home finance and debt management. We want anyone who believes they may be owed money as a result of their dealings with this firm to get in touch, as we may be able to help you.”

Since it began in 2001, FSCS has helped more than 4.5m people, paying out more than £26bn in compensation.

If you wish to make a claim with FSCS against Hayden Williams Independent Financial Services Limited, you may be able to do so using FSCS’s online claims service at https://claims.fscs.org.uk Or you can contact its Customer Services Team on 0800 678 1100 or 020 7741 4100

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