Summary
AS THE Mayor prepares to unveil his plan for the Olympic site's legacy today, we report on the problems still afflicting purchase of the land for the Olympic park. In particular, dozens of business that were forced to sell their land to the London Development Agency have not been properly compensated. This sets an unhappy precedent.
In total, 76 of the 193 companies previously located on the site - - more than 40 per cent -- have not been fully reimbursed. The LDA was supposed to find alternative premises for the companies after buying up the 500-acre site, the largest such relocation process in the UK. But after years of uncertainty and wrangling, many companies say they still have not been paid in full for the purchase of their land and for moving costs, while others say they were forced to accept low offers from the agency.See the full content of this document
Extract
Olympic Struggle
The row is a remind...
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