Caught in the Net

Gross lies exposed

It appears Sue Doughty and the Guildford Liberal Democrats need a basic lesson in finance.
Lib Dem leaflets have been circulating around Guildford claiming the cost of the new Civic Hall has increased from £2m to £20m. This of course is incorrect and fails to point out that the original figure of £2m was net cash after the Council had originally agreed to hand over £18m worth of land.
The Lib Dems are basically saying
£18m of land + £2m cash = £2m of value
The truth is the project has always had a gross cost of £20m, which is exactly what it would have cost back in 2001 if they hadn't originally failed to deliver it.