Petition: Stop Mott MacDonald profiting from community destruction

Resident have started a new petition asking the international employee-owned firm Mott MacDonald to remove themselves from Lambeth council’s project proposing to demolish Cressingham Gardens.

To sign the petition on Change.org, click here

And share the link: http://bit.ly/MottMacDonaldCressinghamPetition

Petition:

We are asking Mott MacDonald, an employee-owned company, to remove themselves from the Cressingham Gardens regeneration project led by Lambeth council.   Mott MacDonald takes pride in their ethics and we believe that Lambeth’s proposed regeneration of Cressingham Gardens goes against their ethics policy – both in spirit and letter.
As written in Mott MacDonald’s ethics policy:
“We [Mott MacDonald] seek to be good corporate citizens, to provide local employment and to contribute to the well-being of communities where we work.”
This project will not contribute to the well-being of the Cressingham Gardens community.  Surveys show that the clear majority of residents do NOT want their community and homes demolished.  It is a very supportive community that has a very high proportion of households that have a vulnerable family member (at least 40%) and is extremely diverse (65% BME).  The demolition of the community will destroy the support networks and many families will be forced to leave the area as they will simply not be able to afford the new housing.   It will also have devastating impacts on residents.  Here is one such example (“Mary’s story”):

http://bit.ly/MaryCressingham
To come back, residents are being expected to give up legal rights and to pay more (e.g. tenants have to give up their secure tenancy and accept an assured tenancy with higher rents; existing homeowners are expected to find approx £200k extra cash to remain homeowners otherwise they have to become tenants in shared ownership or rental arrangements). Even the council’s own Equalities Impact Assessment states that the majority of the new homes will only be affordable to those on higher incomes or with capital assets.  The median household income in the area is a mere £29k pa before tax, but the council wants to charge market rent of £39k pa for a 4 bed apartment.
Residents have taken the council to the High Court twice to hold it to account for financial manipulations. The hearings revealed facts that should be of grave concern to any organisation wishing to partner with the council to redevelop the estate.
Cressingham Gardens is worth saving, not demolishing.  Historic England strongly suggested giving Cressingham Gardens conservation area status for its local architectural importance, but Lambeth council have refused to even consider the recommendation.  Cressingham Gardens is also supported by Save Britain’s Heritage.

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One thought on “Petition: Stop Mott MacDonald profiting from community destruction

  1. If anyone has access to the Financial Times newspaper published Wed 26th (25th on website) April 2017 page 9, ‘FT BIG READ. UK PUBLIC FINANCE’ “The Council Credit bubble” by John Plender. It’s worth a read.
    The article is about Councils “punting like drunken sailors all around the country”, “plunging into the commercial property market or embarking on residential property development”, “with cheap and flexible funding from the Public Works Loan Board”.
    There is technical detail but the article is well written and understandable by an ‘ordinary normal’ individual who thinks 100% loan to value over 50years is insane in a fast changing world. We have had examples from Overseas where Local Government in Japan in the 1980’s and Orange County in California which was declared bankrupt in 1994 because the ‘pay grade’ of staff and councillors was not at the level of Professional Fund Managers.

    Like

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