2007/06/05
City of Hull - Wilberforce or Will-by-Force?
by
Malcolm Matson
—
posted at
2007-06-05 05:50
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The Lib-Dem council simply made a rational choice to liquidate their remaining share in Kcom as it was apparent that said minority stake gave Council insufficient clout to effectively steer Kcom for the benefit of Hullites.
Interestingly the funds raised (some £107M) will fully fund a cooperatively owned NGN OPLAN, if Council decides to pursue that option.