The Rt Hon Iain Duncan Smith, who had previously accused the housing association of acting like a property speculator in delaying the development of the site and insisted the community wants to see the return of racing, today issued an ultimatum for L&Q to meet with Bob Morton & Frank Taylor.
He said: “L&Q is in a shambles. They must recognise they have got this very badly wrong. They absolutely must meet, if they don’t then I would have to go back to the Secretary of State to question their right and status as social housing providers.”
SOS urge the Government and the Mayor to act and stop the loss of the iconic “Stow” . We must stop the 26 million loss to the tax payer and we cannot gamble with the fact that in 30 years time the site might break even. L&Q’s plans offer the community nothing but high rise flats with no social rent and which in turn would break the fabric of the Borough. No resident gains anything from this fortress and the so-called employment opportunity is only temporary with just a handful of permanent jobs.
It is ridiculous to lose the opportunity of a lifetime from Bob Morton and Frank Taylor which gives the Borough everything it wants from hundreds of permanent jobs, social housing, a stadium fit to hold the greatest races with large corporate sponsorship from all over London. The stadium would be multi use for the whole community encouraging sporting activity for all ages.
Saveourstow urges the Mayor to save the tax payer millions and give the residents what they want, gain hundreds of jobs locally and nationally. Boris would also be responsible for lighting up the famous neon lights of east London and leave a legacy for all with this unique multi use stadium Londoners could be rightly proud of.