Lord Somerset - Duke of Beaufort - Absentee Landlord to make a killing by selling 850 acres of Land near Ebbw Vale - “Due to confidentiality reasons, we cannot reveal details of the land agreement with the Duke of Beaufort.”
Land to the People
Aflonyddwch Mawr says we have recently covered absentee landlord the Duke Of Beaufort's treatment of the graziers on the Mynydd Y Gwair where he supports a Wind Farm here, which is against the interests of 120 Graziers, but now he is not just robbing the Welsh people of Swansea and the Gwair of their Land now he is to make a Land killing in Ebbw Vale and robbing the people of Gwent :
A spokesman for the Heads of the Valleys Development Company said:
“Due to confidentiality reasons, we cannot reveal details of the land agreement with the Duke of Beaufort.”
Aflonyddwch Mawr says when will the people of Wales say Adfeddiant - Cymrwch Y Tir Yn OL . When will our whisper at Aflonyddwch Mawr become a roar of the People of Wales who have had enough of their Land being owned by absentee English Aristocrats and The British Crown and extracting money from the Welsh Peoples resources for centuries?
One of Britain’s wealthiest landowners stands to make millions of pounds if controversial plans to build a £280m motorsport racetrack in Wales go ahead, we can reveal. The Duke of Beaufort, a sixth cousin once removed of the Queen, had estimated wealth in land of £135m in 2008.
The Duke of Beaufort owns the stretch of moorland above Ebbw Vale where the Circuit of Wales track would be built.
The Heads of the Valleys Development Company also wants a commitment from the UK Treasury to underwrite it by up to a further £20m.
The programme also aired concerns about whether the promised 6,000 jobs could be delivered.
At the centre of the developer’s plans is an ambition to bring the world-famous MotoGP rally to Ebbw Vale in September 2015. Yet details of the scheme’s backers have not been revealed and work on the site has not yet commenced.
Now a professional source with knowledge of the project has spoken about a further area of concern.
The source said: “The plan is to build the track and other commercial elements on 850 acres of land owned by the Duke of Beaufort.
“In its current state as moorland, the land is worth very little – around £100 an acre. But if it is sold for development its value will increase dramatically, and the Duke would stand to get millions of pounds for it.
“That would be all very well if there was no public money involved. But it seems that the Welsh Government is contemplating putting in £30m with a further £20m in underwriting by the UK Government.
“Government grants are usually only given to projects when their contribution makes the difference between a scheme that will create a lot of jobs going ahead or not. As a taxpayer, I for one would not be happy to see potentially millions of pounds of public money being paid to a wealthy landowner like the Duke of Beaufort because of a huge increase in the value of the land made possible by the public sector’s involvement in the project.”
North Wales Conservative AM Antoinette Sandbach, who asked the Wales Audit Office to undertake a report on the Circuit of Wales plan, said: “I am very concerned at the lack of scrutiny this project is being subjected to because of the Economy Minister’s refusal to answer Freedom of Information and Assembly Questions I have submitted on the grounds of commercial confidentiality. Local authorities across Wales are imposing big cuts on services because the Welsh Government says it has to cut back, but they are considering giving £30m to a project without having undertaken due diligence.”
A Welsh Government spokesman would only say: “This is a matter for the developer.”