I’m beginning to understand how annoying I must have been as a journalist. I often used phrases that were technically true but stretched the lexicographical boundaries of semantics and the great English language. They nearly always made for better headlines and more irrate PRs.

This week, the News and Mail have carried on the noble traidtion with Woking taxpayers fund energy for Milton Keynes. Let’s start with the first par:

“Woking taxpayers have invested more than £44m in a company that provides
energy to Milton Keynes.”

No, they haven’t. Money for Thameswey has largely come from borrowing and money for the subsidaries has entirely been taken from the money markets. Nothing has come from the council taxpayer ie through council tax to fund Thameswey operations.

The paragraph implies that the company only supplies energy to Milton Keynes – it doesn’t. Most of its activities are Woking-based, including subsidising cavity insulation for residents and providing information on energy efficiency. Furthermore, Cllr John Kingsbury and the Conservative executive have pledged to conclude operations in MK early at the end of Phase I and that no new borrowing be approved for further project. There has been no such pledge from the Liberal Democrats.

Bob Shatwell, always good for a quote, thinks the whole thing is “scandalous”, which is about as good as it gets from him. Chris Bore makes a much more valid point – that the lack of transparency about Thameswey – which Ray Morgan insists is just because he’s never gotten around to it – is it’s own worst enemy.

In good times, the company has failed to get across the message of its success. In bad times, the level of resentment is that much higher because people don’t understand what the big secret is and assume the worst.

When I was at the News and Mail, I tried to run a series of articles on Thameswey to explain its role to readers and spent several hours with Ray Morgan getting into the financial nitty-gritty. It was about as enthusiastically received as mouldy bread by editorial staff and stonewalled on the grounds that people weren’t interested. They can’t have it both ways!