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Chris' post rang a bell. Indeed, it was asked at the meeting why developers don't concentrate on Dover Town, renovating some run-down buildings.
Someone explained, can't remember now if it was Chris, that developers by law claim back VAT when constructing new buildings, but not when renovating old ones.
Again can't recall who did the explaining, but the explanation was, that developers in Dover will avoid proposing regeneration in the town for this reason, as they earn a lot more by building new houses and whatever (hotel...), on the VAT grounds.
This strengthens the point many of us made, that CGI are doing their own interests. not thinking of ours.
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