Water Chariots greed backfiring ?

[keslake]

Wow, originally trying to charge £95 return journey from Limehouse.

http://www.bbc.co.uk/news/uk-england-london-180504...




They have now dropped the price down to £20.


http://www.water-chariots.co.uk/


A bit too late in the day to turn it around i think.

Edited by keslake on Thursday 9th August 06:28

[keslake]

Apparently the cost for building the boats was £3million.

Someone is taking a big kick in the nuts with this.

[keslake]

Update.

Looks like it went tits up.

http://www.water-chariots.co.uk/

[keslake]

GWC said:

wormburner said:

I've read they've had £300k of public money, but can't find a good source.

I think that some of that money came from British Waterways to pay for the pontoons to be put into Limehouse Basin.

As far as i know that info is correct.

What is disturbing is that £300k had been earmarked for a new Canoe and cafe centre at Stonehouse, Tottenham but was diverted to this failed venture.

[keslake]

Oakey said:

It's ironic that, given they haven't paid any of their staff, one of the diectors of Water Chariots Ltd is also a director of Global Enforcement Solutions; http://www.globalenforcementsolutions.co.uk/

Good find that man !

[keslake]

http://lovingdalston.co.uk/2012/07/we-go-down-to-t...

[keslake]

I have also heard quite substantial rumours that a number of the employed boat crews have not been paid as well.

I may have more info on this in time.

[keslake]

I am a Canal dweller on the River lea so have taken quite a bit of notice in all of this and there is another discussion here :-

http://www.canalworld.net/forums/index.php?showtop...

If you read the thread, someone from Water Chariots actually chimed in with some info.....draw your own conclusions on it all.