On Sat, 12 Nov 2005, Ian Johnston wrote:

But above all, does anyone really believe in this regeneration hype in
the first place? I mean, if you really wanted to stimulate ecomic
recovery somewhere, would you give it a) a nice new industrial estate
with tax/rate breaks for incoming companies or b) a velodrome?

Ah, but that's not what's happening. The Olympics are a smokescreen - the
Olympics per se will have bugger all regenerative effect. What might well
do something is the millions of pounds that are going straight into
regeneration projects in the area - projects which were planned and
approved *long before* we got the Olympics. There probably will be
regeneration around Stratford, but it won't be because of the Olympics.
Not that any politician will admit that, now or in the future.

tom

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