Property Speculator Lord Oakeshott Says Build More Homes

The ever irritating, yet strangely compelling, Matthew Oakeshott has spent the week trying to big-up his mate Vince Cable and a change in economic direction. Guido was particularly interested by one policy in his all-solving Plan A+:

That’s why I’ve been saying we need a bold plan A+, making banks lend, especially RBS, the bank we own but disgracefully don’t control, and a firm government commitment to create 500,000 new jobs in construction by doing whatever it takes to build 100,000 more homes a year.

Does this have anything to do with the fact that the good Lord has a small fortune relying on home construction as a property speculator? The petulant peer is the “joint investment manager” at OLIM Investments’ Value Income Trust and the chairman of OLIM Property, investment firms which make their money from – you guessed it – building homes. Very Tim Yeo




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Heather Wheeler talks to Burton Mail about her tweet…

“It was a tongue in cheek pop after the European Parliament tweet – it was purely that. I also wanted to congratulate Team GB on a brilliant result and thirdly congratulate the Commonwealth countries who also did very well. Fourth, I am also looking forwarded to establishing new trade agreements. That was it – nothing more. Let’s just enjoy the summer!”

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