Torygraph
Good deal Gordon, just like you did with the gold. Qinetiq will be next.
Actually it is worse than £346 million, because HMRC pay Mapeley for services and rent - coincidentally around £220m last year alone.
I wonder whether he's been taking property investment lessons from Tony Blair?
According to a prospectus just issued by Mapeley, the property company, taxpayers have lost out on a £346m uplift in the value of a 600-property portfolio that was sold by ministers less than five years ago.
The HMRC portfolio, for which Mapeley paid £220m, is now worth £566.6m, according to a revaluation carried out by Savills, the property consultants. That is an uplift of 157 per cent.
MPs also claim that Qinetiq, the defence research contractor being prepared for a stock exchange listing, was also sold on the cheap.
The HMRC portfolio, for which Mapeley paid £220m, is now worth £566.6m, according to a revaluation carried out by Savills, the property consultants. That is an uplift of 157 per cent.
MPs also claim that Qinetiq, the defence research contractor being prepared for a stock exchange listing, was also sold on the cheap.
Actually it is worse than £346 million, because HMRC pay Mapeley for services and rent - coincidentally around £220m last year alone.
I wonder whether he's been taking property investment lessons from Tony Blair?
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