BLITZ DAMAGE
COST TO CITY OF LONDON
LONDON, July 27. The reconstruction of the City of London without further destruction would cost £150,000,000 or more, and may take 50 or 60 years to complete, said Mr. Wilfrid Hatch, chairman of the rates and finance committee,, when a draft plan for the development of the city was presented to the Court of Comm6n Council at the Guildhall.
He added that the blitz cost the City of London 26 per cent, of its assessed value, which meant a loss of rates of more than £1,000,000 a year
Mr. Claude Dennis, chairman of the committee responsible for the reconstruction plan, said it was the city's greatest opportunity for replanning since the Great Fire of London.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/EP19440728.2.52
Bibliographic details
Evening Post, Volume CXXXVIII, Issue 24, 28 July 1944, Page 5
Word Count
122BLITZ DAMAGE Evening Post, Volume CXXXVIII, Issue 24, 28 July 1944, Page 5
Using This Item
Stuff Ltd is the copyright owner for the Evening Post. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in