Good news for Greenwich |
23 2007 |
| The south-east London suburb of Greenwich has been given a boost with the news that work to resurrect iconic tea-clipper the Cutty Sark is back on track. In May this year the refurbishment project was dealt a serious blow after a fire swept across the dry dock, located in the centre of the popular Greenwich Village, with experts predicting the blaze would put work back at least a year and cost millions of pounds. However, work is now progressing at a steady pace, the project's leaders have reported, though they have also admitted that they are concerned by a £14 million shortfall in funding. "Having survived the terrible fire it will be a cruel twist of fate if the ship should perish through lack of funds," said Cutty Sark Trust member Stephen Archer. The history of Greenwich, including the Cutty Sark as well as the Observatory and Maritime Museum, is one reason why Greenwich remains popular with young professionals, with affordable rental accommodation and good access to central London also major draws.  |
Related Articles |
| Tenants 'can ease financial pressures by improving energy efficiency' |
| People living in rented accommodation can reduce their outgoings by... |
| Interest rate reduction 'is not a quick fix solution' |
| The interest rate reduction effectuated by the Bank of England's monetary... |
| MPC's interest rate cut 'is not enough to stimulate demand' |
| Interest rates need to be cut by more than 0.5 per cent for consumers to... |
| Homeowners 'are getting sucked into a spiral of debt' |
| An alarming number of homeowners struggling to make ends meet are trapped... |
| Consumer confidence drops as house prices fall |
| Economic uncertainty, house price falls, increasing unemployment and rising... |
Copyright © 1995-2008 loot.com. All Rights Reserved. Designated trademarks and brands are the property of their respective owners. Use of this Web site constitutes acceptance of the loot