Liberal Vannin leader Kate Beecroft has issued a statement to deny that her party is anti business and against economic growth.
It comes after criticism of the party from Chief Minister Allan Bell in a radio interview.
In an interview with Energy FM the Chief Minister listed the following issues, which he said proved Liberal Vannin were anti-growth:
· Dec 2013 - £3 million construction for engineering facility at IOM College.
· Nov 2014 - Sale of the Nunnery to establish a an ICT College
· June 2015 - Digital strategy for improved government services
· October 2015 - Economic Development Fund
· Dec 2013 - £3,000,000 construction for engineering facility at IOM college
· Nov 2104 – Sale of the Nunnery to establish an ICT college
· June 2015 – Digital strategy for improved government services
· Oct 2015 - £50m economic development fund
Mrs Beecroft gave the following comments about each
Engineering facility
Peter Karran MHK has previously been Education Minister until he was sacked for voting with his colleague, Kate Beecroft MHK, against the Pinewood deal. We were in favour of an engineering facility but whilst Education Minister, the professionals had advised Mr Karran that this was the wrong site to use. There were sites better suited to the proposal and there were concerns that by using this site it would hamper the college’s future plans.
Sale of the Nunnery
It had not been available on the open market and was sold at £2mless than the value placed on it by the government valuer. Indeed no expressions of interest had even been sought never mind going out to public tender.
Four acres of ‘Sangster’s field’ were included in the deal and an option was given for twenty years at a cost of £120,000. Again, there were no calls for expressions of interest or an open tender process.
Perhaps the Chief Minister could confirm if all the parties are still involved and what progress has been made to date?
Digital Strategy
We are in favour of utilising technological progress but had concerns about the protection personal data in the proposal. Government does not have a particularly good track record in that area and just prior to the debate had released in error many email addresses via the taxation computer system. It was also clear that this policy was an introduction to the Single Legal Entity being proposed by the then Minister Robertshaw. We have concerns about this as it further concentrates power to a few at the centre of government.
Economic Development Fund
As previously stated the main reasons that we voted against this are;
· The proposed terms were too flexible and one instance of this is that they “expected” the maximum invested in any one proposal to be less than £1,000,000 but stated that the fund managers needed the “flexibility” to invest more if there was a suitable venture.
· There is an anticipated failure rate of between 30% and 50% of all investments but the expected aggregate rate of return is only 5%.
· We believe it should be managed by a committee rather than a single fund manager to minimise the risk of actual or perceived conflict of interest.
In addition to the concerns that we already had from studying the papers given to us for that sitting of Tynwald, when we returned to the Tynwald chamber after lunch we found new papers regarding this proposal on our desks. There was insufficient time to read these and ascertain any changes before the debate.
We believe that there is evidence to show that the Chief Minister and his CoMin Party have adversely affected economic growth and will state why.
Mount Murray
Will potential investors have confidence in a system that is so easily influenced by developers?
Mr Bell was Minister of Tourism at the time and was guilty of ‘handing over the reins of government to a private developer’.
MEA
Mr Bell was Treasury Minister at the time when a £120m was made to a subsidiary of the MEA without sufficient oversight by the Treasury. Later this had to be ratified by Tynwald for it to be a legal debt of the government regardless of the fact that Treasury and Tynwald as a whole had no prior knowledge of the loan.
The Sefton bail out
Why would investors in the island have confidence in a government that bails out its competitors in what could be classed as anti-competitive practices? All CoMin members publically supported this.
Manx Gas
Allowing a binding agreement of voluntary regulation where Manx Gas may make a profit of 9.99% regardless.
If the Chief Minister would like more of our proof we will be more than happy to provide it although we would rather concentrate on the benefits that LibVan can and will bring to assist business and create money for everyone’s benefit.
Mrs Beecroft add that LibVan believes that some of the direct measures to improve business confidence and investment include:
· Restoring justified trust and confidence in government
· Ensuring that energy prices are at a level competitive to our neighbours in as short a time as possible
· Finding a solution to our exorbitant transport costs
· Ensuring a level playing field for all in respect of any assistance from government
· Ensuring that where government assistance is given, there are adequate safeguards
· Removing confidentiality clauses from any contract with government unless there is a proven need
· Ensuring that any tender process is open, honest and transparent and taking action against any digression
· An Ombudsman who is truly independent
· Having robust systems of governance
She said: ‘We need to ensure that our people have what is needed to enjoy happy and productive lives. If we cannot achieve this for people already living here we will not be able to attract others to relocate.
‘So there are also measures that do not appear at first glance to have a direct bearing but that, in reality, are very important.’
She added that the following will play a vital role.
· An education system that encourages all young people to achieve their aspirations
· A first class health service together with an independent health regulator
· Ensuring our elderly are able to stay warm and well fed
· Caring for the less fortunate
· Maintaining our low crime rate
· Retaining our wonderful countryside and seascape
· Measures to phase in a living wage for all
· Having a definition for fuel poverty
She said: ‘I hope that I have shown that LibVan is definitely in favour of economic development but that this has to be achieved in the right manner and with the right safeguards for public funds.’
It’s the second time within a week that Mrs Beecroft has hit back at comments from Mr Bell.
{http://www.iomtoday.co.im/news/isle-of-man-news/beecroft-hits-back-after-bell-s-criticism-1-7541817|Click here to read about the first time.}