Bankrupt property company to relocate Department of the Environment

Title

Bankrupt property company to relocate Department of the Environment

Genre

News report; Speech; Parliamentary debate

TX Date

13 May 1992

Year of production

1992

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Duration

00:03:38

Description

Des Fahy reports on the possible relocation of the Department of the Environment to the Docklands area of London; and the financial state of property company Olympia and York that may be involved in the relocation and effect it’s bankruptcy in Canada could have on the Canary Wharf development which it owns. Labour MPs are outraged taxpayer’s money could be used to bail out the company. Includes Commons speeches by Dennis Skinner MP; Environment Secretary, Michael Howard; shadow Environment Secretary Bryan Gould.

Contributors

Dennis Skinner; Des Fahy; Michael Howard; Bryan Gould

Keywords

London; Canada; Bankruptcy; Canary Wharf; Toronto; London Docklands; Department of the Environment; Olympia and York; Property companies

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