News

Simpson makes ‘right deal for County’

Published

4 years ago

November 8, 2019

PEMBROKESHIRE County Council’s Cabinet committed to the funding of the Pembroke Dock Marine Project at its meeting on Monday, November 4.
Council Leader David Simpson received the congratulations of Cabinet members for obtaining substantial concessions on the vexed question of who pays the interest on the borrowing needed for the project.
Cllr Simpson’s position on forking over Pembrokeshire Council Tax Payers’ money to fund borrowing for the project is well-known: he was vehemently opposed to paying penny one of a loan facility in which the Council acted as bankers for a third party.
The deal he has struck means that the County Council will meet one half of the maximum bill for interest, with the Port Authority paying the other half.
In a rare display of public exasperation, Cllr Simpson laid into former leader Jamie Adams over the interest question. At the last Full Council meeting when the Deal came before members, the IPG leader demanded that the Council should pay the full amount of the interest to ensure the Deal went ahead.

Council Leader, David Simpson: Succeeded in cutting Deal’s cost to Pembrokeshire

Cllr Simpson said he found Cllr Adams’ willingness to throw around public money ‘disturbing.’
He pointed out that, had he done as the former leader wanted, the interest cost to the Council would have been a fraction under £4m, as the interest rate charged on the lending required went up the same day as Jamie Adams’ plea, and the burden would have remained unshared.
Instead, Cllr Simpson said, holding firm had produced significant concessions. Firstly, the borrowing had been secured at the original and lower interest rate and secondly, the Port had agreed to pay half of the interest.
The Council Leader observed mordantly the Port Authority were about as happy with the deal struck as he was.
As things stood, the County Council would pay £1m plus a £420k top slice, while the Port Authority would pay £1.3m. David Simpson conceded that this was not the outcome he hoped for; he had not fulfilled his aim, to secure a nil interest cost to the Council. However, Cllr Simpson said he resented the way funding’s structure meant local authorities would be lumbered with significant debt.
On a more upbeat note, Cllr Simpson commended the members of the Cabinet and senior officers who had managed to structure funding for the interest so the Council’s future borrowing cap remained unaffected. This, he said, meant that the Council could achieve its own very ambitious investment objectives for the future.
He explained that Cabinet Member for the Economy, Paul Miller, had negotiated a funding grant which would meet the top slice of £420k, while funding of the £1m remainder had been obtained through other means.
Responding to Cllr Simpson’s comments, Paul Miller set out the importance of energy generation and the associated supply-chain industries to Pembrokeshire’s economy. He pointed out as carbon-based energy generation reduced, developing alternative forms of energy would become increasingly important. Pembrokeshire, he said, was well-placed to exploit the opportunities those represented.
Following Cllr Miller’s comments, Cabinet Member for Finance, Cllr Bob Kilmister, chided the Leader for selling his achievement short. He had delivered the best deal he could and a better deal than that which was initially offered.
He praised the ‘superb’ outcome of negotiations led by the Leader and assisted by other Cabinet members and senior officers. He noted a lot of work had gone into ‘a really terrific job’ hammering out a deal.
Like the Leader, Cllr Kilmister doubted whether 1,800 jobs would be delivered, as claimed. He said, however, that jobs would be created and that would be good for Pembrokeshire. The County, he said, needed a balanced approach and David Simpson had delivered a deal.
He concluded: “I would love to see it run. With our contribution, we help make sure it happens.”
Cllr Phil Baker, Cabinet Member for Infrastructure, observed: “It had to be the right deal at the right price. This is the right deal for the County.”
Director of Resources Jon Haswell explained how funding the interest payments would work. The funding secured by Cllr Miller covered the ‘top-slice’ payment needed. In the meantime, officers identified money held over from the financial year 2018/19 placed in an administrative reserve to meet the rest. That would be used, but only if needed.
Steven Jones, Director of Development, added that time-critical EU funding should now be secured. He noted the timeline remained very tight. Business case approval was needed before Christmas. However, he added, having got over this hurdle, the Council had a way through. The next stage, he advised, requires a WG panel to finally approve the business case.
Jon Haswell added that he hoped to improve the funding arrangements in a meeting with the Welsh Government and an officer from Carmarthenshire County Council on Thursday (Nov 7).
Cllr Simpson returned to address the question of interest payments: he wanted to reduce the amount of interest due for payment. To that end, he was still negotiating a shorter time frame for the funding’s delivery. The current funding is due over fifteen years. Cllr Simpson prefers a five-to-ten year period for delivery. If funding’s delivery was achievable over the shorter period, the amount due from the Council (and the Port Authority) in interest would fall. He re-iterated that the current provision for interest was the maximum and he would continue to work to reduce the bill to the Council.
The Cabinet unanimously approved the deal struck.
Everything is now out of the Council’s hands and depends on the willingness of the UK and Welsh Government to finally get their act together and come up with money often-promised but not yet delivered.

Community

Welsh National Scooter Rally gears up for a revival in Tenby

Published

9 hours ago

April 27, 2024

Tom Sinclair

SCOOTER enthusiasts from across the country are set to descend on Tenby for the eagerly anticipated return of the Welsh National Scooter Rally this May Bank Holiday weekend. This marks the event’s grand return to the popular seaside destination for the first time since 2022, promising a vibrant celebration of scooter culture.

Organised by the Scooter Collective South Wales, the rally is expected to draw hundreds to Pembrokeshire’s “jewel in the crown.” Attendees can look forward to a colourful array of scooters lining the historic Tenby High Street, adding a splash of retro charm to the town’s picturesque scenery.

The weekend’s schedule is packed with activities, starting with a scenic ‘ride-out’ from Tenby United RFC on Heywood Lane on Saturday afternoon. This event promises to be a visual spectacle, with a parade of beautifully maintained and creatively decorated scooters cruising through the local area.

Music lovers have plenty to get excited about as well. The Specials Limited, a renowned two-tone tribute band, will be performing at the De Valence Pavilion on Friday night, supported by DJ Steve Foster. Concurrently, the Ex-Servicemen’s Club and Tenby Rugby Club will host rooms dedicated to Northern Soul and Reggae soul, respectively, ensuring that there’s something to suit all musical tastes.

Saturday’s festivities will also feature a customs show and traders fair at the Rugby Ground. This event provides a perfect opportunity for enthusiasts to showcase their scooters and exchange tips and accessories with fellow aficionados.

As the rally winds down, the weekend will conclude with a grand end-of-rally party at the Rugby Club, where participants can celebrate their shared passion for scooters and music, reflecting on a weekend full of fun and camaraderie.

For those planning to attend, the Welsh National Scooter Rally not only offers a chance to revel in scooter culture but also to explore the enchanting town of Tenby.

With its rich history and stunning coastal views, Tenby provides the perfect backdrop for an event that celebrates classic style and community spirit.

Community

Barley Saturday makes a grand return to Cardigan

Published

9 hours ago

April 27, 2024

Tom Sinclair

ON SATURDAY (Apr 27), the historic town of Cardigan in West Wales is abuzz with excitement as it hosts its largest annual event, Barley Saturday. This significant day marks not just a local festival but a vital link to the agricultural roots of the region, attracting spectators from across the country to witness a spectacular parade of livestock and vintage vehicles.

At 2 PM, the main streets of Cardigan transformed into a vibrant parade route featuring the best of rural life—from the supreme stallion, admired by an enthusiastic crowd, to the meticulously prepared parade participants. This parade not only showcases the beauty and strength of these animals but also the care and tradition that continue to thrive in Cardigan.

The event kicked off early with an impressive lineup of agricultural workhorses displayed on the show field. The anticipation built up throughout the day as crowds gathered, lining the streets, eager to catch a glimpse of the gleaming vintage vehicles and the majestic livestock. According to Tudor Harries, the show secretary, “Barley Saturday helps restore the lost link between our community and its agricultural heritage.”

With such a large turnout, local authorities implemented strategic road closures and diversions to manage the flow of traffic effectively. Between 1:30 PM and 4 PM, several main roads were closed, ensuring the parade route remains clear and safe for both participants and spectators. Traffic around the town was slow-moving, indicating the high volume of attendees this year.

Beyond the festivities, Barley Saturday is a day of community and giving. Volunteers play a crucial role in marshaling the event, and bucket collections are conducted throughout the day, with all proceeds going to local charities. This spirit of community service is a testament to the values that underpin Barley Saturday.

Barley Saturday is more than just an event; it’s a celebration of Cardigan’s heritage and a vital part of its cultural calendar. It offers a day filled with joy, community spirit, and a deep appreciation for the rural traditions that are so often overlooked in modern times. As the town enjoys today’s festivities, it also renews its connection to the past, ensuring that these traditions will not be forgotten.

Charity

Peter’s walk for veterans suffering from mental health issues

Published

10 hours ago

April 27, 2024

Tom Sinclair

ON Saturday, March 30, Peter Kraus undertook a 15.6-mile walk from Front Street in Pembroke Dock to Carew Castle to support veterans struggling with mental health issues and PTSD.

Originally believing the route to be 10 miles, Kraus faced a greater challenge than anticipated. He organized the walk through the Combat Stress Site, aiming to raise £1000. “They look after us and keep us safe,” Kraus told The Herald, expressing his effort as a gesture of gratitude towards the veterans.