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« Last post by Will Hunt on May 09, 2024, 11:19:27 pm »
Water companies, whether privatised or not, will have the same income streams
I think your example of Tideway is the exception rather than the rule. And in that scenario the government isn't actually borrowing the money, it's backing it. Governments can borrow at lower rates but will they borrow, or rather, will they enact the legislation in the first place that means they will have to borrow. (2022 estimate for delivering the storm overflows bit of the Environment Act is £178bn, so add some inflation onto that. Source: https://assets.publishing.service.gov.uk/media/624460a18fa8f527744f0655/storm-overflows-evidence-project-march-2022-addendum.pdf). I'm not really arguing for or against privatisation, but I wish that people wouldn't talk about nationalisation like it's some silver bullet that will fix everything they don't like about the water environment. I'd love people to have clear ideas of what their aspirations for watercourses are, to know what it would take to get there, and to be cognisant of the challenges and implications (delivering the Environment Act is going to release A LOT of carbon. A LOT.) of getting there. I think the press have let the public down badly on this front. Just my opinion.
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« Last post by Teaboy on May 09, 2024, 10:46:13 pm »
Governments since have been able to enact the WFD and now the Environment Act (which, as I've said before, is a mind bogglingly costly thing to implement) and not had to worry about borrowing the money themselves to finance it, that's the water industry's problem.
And in the case of the £4.5 billion investment for the Thames sewage tunnel they solved this problem by getting the govt to back the required loan giving the private company preferential loans rates whilst passing the risk on to the public sector. Water companies, whether privatised or not, will have the same income streams the difference being a nationalised industry would be spending all of that on delivering a service whereas a privatised one would spend it on delivering a service plus dividends to shareholders (£57 billion so far IIRC)
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« Last post by Lopez on May 09, 2024, 09:23:30 pm »
Worked a fair bit with the tutus lately and got no complaints, which is good. Stiffens a bit but nothing too crazy, it turns into a twisty nghtmare of snakes fighting spaghetti monsters if you don't take precautionary steps and a bit of care (judging by ropes provided by some outfits) but it's fine if you do (judging by the new set i claimed for myself remaining sane for several weeks of use). Not overtly heavy either. On the light front, i have a 9mm Edelrid performance that i really like. Goes somewhat stiff with use but that's a good thing on a skinny rope to help avoid tangles. They do a canyoneering version which will probably replace my vintage old one when it's time to retire https://www.alpinetrek.co.uk/edelrid-pintail-lite-9-mm-static-rope/
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« Last post by mrjonathanr on May 09, 2024, 08:52:03 pm »
Thanks, I will!
Gogarth, but hopefully it'll last a few years so..maybe..
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« Last post by Fultonius on May 09, 2024, 08:48:11 pm »
Herbrides?
Much of a muchness from the ropes I've used. We destroyed one rope (that I got end of a reel from Heightec) a few years back. Sent it back and they couldn't see any issue with it. End the end we decided it must have been sharp belay devices (Petzl Reverso is known for getting quite sharp from running in guide mode a lot).
So....moral is - check your belay device.
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« Last post by remus on May 09, 2024, 08:43:20 pm »
Have you done any accounting? This seems extremely unlikely from the small exposure I've had to finance and accounting.
Helping Randall to hide the McLaren on the Lattice accounts? 😂
That's a legitimate business expense right?
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« Last post by mrjonathanr on May 09, 2024, 08:39:05 pm »
Semi-static / LSK recommendations please, something suitable for a 100m abseil that doesn’t weigh too much, is reasonably durable and not too stiff after a bit of use. I thought the Peztl Club 10mm looked ok: https://www.petzl.com/GB/en/Sport/Ropes/CLUB-200-10-mmand English Braids Tutus 10.5 seems pretty good value: https://englishbraids.com/tutus-staticIf any more knowledgeable folks have any suggestions and experience of use and longevity, that would be great. Thanks.
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« Last post by mrjonathanr on May 09, 2024, 08:29:24 pm »
All the more reason for re-appraisal then.
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« Last post by Offwidth on May 09, 2024, 08:28:57 pm »
Also Offwidth. I find your continual attempts to shield the BMC behind the fact that it's heavily supported by volunteers extremely hard to jusify.
A small percentage of people that we meet in life are takers. That's just how it is, people realise this over time and the takers aren't widely respected as a result. The vast majority of people help or volunteer with something. Whether it's charity, clubs, schools, community, sports, politics or whatever, most of us volunteer our time in some fashion or other. The notion that volunteers should be regarded as being in anyway special or holy is nonsense. Nearly all of us are volunteers for something or other. Being a volunteer should not make you immune to criticism. It one hundred perecent should not make the organisation you are volunterring for immune to criticism. The volunteers should be as outraged as the rest of us if not more about the state of things at the BMC. If any of the organisations that I volunteer for were behaving this poorly I would be kicking up so much shit you wouldn't be able to see me for the brown cloud.
That's not what I'm saying though. I'm saying staff and volunteers just got on with things, since 2017, during several real crises. The first big one was the disruption then financial fallout of the Motion of No Confidence (when grants were stopped, despite a huge majority backing the BMC leadership). The second was covid and furlough. The third was during a cost of living crisis which was unlucky to correspond with: some seriously poor financial planning , control and oversight; and also serious stakeholder problems in GB Climbing. Six of us wrote to say this last March, got Council to back us and have been pressuring for improvement ever since. After a year of struggle, and some senior departures, at last there is light at the end of the tunnel. However, since budgets are still tight, members leaving now because they are angry with BMC mismanagement (and encouraging others to leave) will hurt staff and key volunteers' ability to work at maximum efficiency. So since things are looking much better I'd just ask them to think carefully before doing so. If you don't believe the 2022 statement ask questions at the open forum in a couple of weeks. Or have a quiet chat with David, Tarquin or Bill who have been Council Finance and Audit reps in the last few years... I trust all three. David was the first to warn the FAC about over ambitious membership growth targets (who then dropped put of Council for a few months) and Tarquin and Bill were part of our letter writing 6.
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« Last post by teestub on May 09, 2024, 07:10:50 pm »
Have you done any accounting? This seems extremely unlikely from the small exposure I've had to finance and accounting.
Helping Randall to hide the McLaren on the Lattice accounts? 😂
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