{"id":1220,"date":"2010-03-29T12:38:00","date_gmt":"2010-03-29T12:38:00","guid":{"rendered":"http:\/\/ihbconline.co.uk\/newsachive\/?p=1220"},"modified":"2010-04-21T12:38:32","modified_gmt":"2010-04-21T12:38:32","slug":"government-to-mutualise-british-waterways","status":"publish","type":"post","link":"https:\/\/newsblogs.ihbc.org.uk\/?p=1220","title":{"rendered":"Government to mutualise British Waterways"},"content":{"rendered":"<p>British Waterways (BW)  welcomes the    UK Government\u2019s announcement today in its Budget statement of plans to  move    England &amp; Wales\u2019 200-year old canal network into a \u2018mutual\u2019  organisation, such    as a charitable trust; &amp; while the proposals relate only to  British Waterways\u2019    network in England and Wales, positive discussions are underway with  the    Scottish Government about how Scotland\u2019s waterways can benefit from  any    proposed changes.<\/p>\n<p>The proposals will give communities greater involvement in the running  of    their local waterways, provide a more stable long-term footing for the  network    and, over time, reduce costs to the taxpayer. Importantly the Budget  statement    recognises the importance of BW\u2019s property endowment in helping to  fund the    long-term care of the waterways and recommends that it be \u2018charity  locked\u2019 for    the benefit of the network.<\/p>\n<p>Welcoming the announcement Tony Hales, BW chairman, said: &#8220;This is a    significant moment in the history of our inland waterways, which  helped put    the great into Great Britain as an industrial nation. A mutualised  canal    network will give the communities that have grown up around the  waterways    since the 18th Century an increasingly important role in the way they  are run    in the future.<\/p>\n<p>The proposal reflects a widely-held, cross-party and stakeholder view  that the    waterways are a national treasure which should be moved into the third  sector    if we are to unlock the enormous public support that there is for  them. This    is a tremendously innovative model for reinvigorating the waterways,  it will    ensure their continued revival and safeguard against a return to the  decline    and dereliction which they faced in the last century.&#8221;<\/p>\n<p>British Waterways will now help the UK Government as it undertakes  further    work on the transition to mutual status ahead of a detailed  consultation with    waterway stakeholders.<\/p>\n<p>Notes to editors<br \/>\nBritish Waterways is the public corporation which cares for 2,200  miles of    historic canals, rivers, docks and reservoirs on behalf of the UK and  Scottish    Governments. The organisation has its origins in the post-war  nationalisation    of Britain\u2019s transport networks, and was created in its present form  in 1968.    British Waterways\u2019 network has undergone a remarkable transformation  over    recent years \u2013 thanks to increased commercial income, government  grants,    lottery funding and partnerships with the voluntary sector. However  the    network still faces an unsustainable funding shortfall of around \u00a330m  per    year.<\/p>\n<p>Over the last 18 months BW has been discussing with government,  partners and    stakeholders potential new models for narrowing the funding shortfall  and    increasing public engagement. In particular it has been debating the  potential    for moving the network out of state control and into a new third  sector model    \u2013 as a new \u2018national trust for the waterways\u2019.<\/p>\n<p>The main benefits of this move would be to:<\/p>\n<ul>\n<li>Give waterway stakeholders a greater say in the   \t  future of the waterways at both a strategic and local level;<\/li>\n<li>Create new opportunities for generating  \t  charitable income and increasing volunteering;<\/li>\n<li>\u2018Charity lock\u2019 BW\u2019s property endowment for the  \t  benefit of the waterways;<\/li>\n<li>Allow the waterways to borrow against their  assets;<\/li>\n<li>Over time reduce the waterways\u2019 dependence on  \t  Government grant.<\/li>\n<\/ul>\n<p><a href=\"http:\/\/www.britishwaterways.co.uk\/newsroom\/all-press-releases\/display\/id\/2673\"> <strong>Link to British Waterways<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>British Waterways (BW) welcomes the UK Government\u2019s announcement today in its Budget statement of plans to move England &amp; Wales\u2019 200-year old canal network into a \u2018mutual\u2019 organisation, such as a charitable trust; &amp; while the proposals relate only to &hellip; <a href=\"https:\/\/newsblogs.ihbc.org.uk\/?p=1220\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-1220","post","type-post","status-publish","format-standard","hentry","category-sector-newsblog"],"_links":{"self":[{"href":"https:\/\/newsblogs.ihbc.org.uk\/index.php?rest_route=\/wp\/v2\/posts\/1220","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsblogs.ihbc.org.uk\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsblogs.ihbc.org.uk\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsblogs.ihbc.org.uk\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsblogs.ihbc.org.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1220"}],"version-history":[{"count":1,"href":"https:\/\/newsblogs.ihbc.org.uk\/index.php?rest_route=\/wp\/v2\/posts\/1220\/revisions"}],"predecessor-version":[{"id":1221,"href":"https:\/\/newsblogs.ihbc.org.uk\/index.php?rest_route=\/wp\/v2\/posts\/1220\/revisions\/1221"}],"wp:attachment":[{"href":"https:\/\/newsblogs.ihbc.org.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1220"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsblogs.ihbc.org.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1220"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsblogs.ihbc.org.uk\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1220"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}