Shame on Torys in North Lincs & East Riding Councils on Humber Bridge Tolls
January 21, 2012 Leave a Comment
Labour save the day. Hull City council secure a better deal for the residents of Hull by reducing it’s risk on the debt of the Humber bridge from Appox £320 million by taking 100% of the risk on the remaining £180 million, by doing this they have reduced the debt by £150 million meaning that the tolls will be reduced to £1.50 Well done Hull. This was down to Labour North East Lincs Councils stance surported by Labour North Lincs saying NO to taking on Tory controlled East Ridings Councils share of the dept risk, because they should really have taken 41% of the remaining 180m which they refused to do, this would have meant Hull would have only taken 24% North East lincs 17% leaving North Lincs taking 18% of the remaining debt risk, this is based fairley on per head of population in all four authorities, Neither Tory controlled East riding or North Lincs council would surport this, infact the Tory leader of North Lincs was prepared to take some of East Riddings share and almost doubling the debt risk to the Tax payers of North Lincs.I acused those Tory controlled North Lincs and Riding Councils of turning their backs on the Humber in not lifting a finger to help, Labour will still campaign for further reductions or toll abolishion.

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