Member

Investing for the benefit of society is quite a good idea for the Duchy. At the moment, the leasehold properties that it owns have very high fees and very short- term leases, sometimes no more than 20 or 30 years. At the same time, the properties that it rents are showing bad signs of poor management. The roads in the borough where I live are diabolical—you need to carry Wellingtons all the time because it has forgotten that the contractor who was appointed did not really want to do the work.