<span class="Apple-style-span" style="font-family: Arial, 'Helvetica Neue', Helvetica, sans-serif; font-size: 11px; color: rgb(51, 51, 51); line-height: 14px; "><div class="discussion" data-category-id="6311863:Category:28" style="margin-top: 0px; margin-right: 0px; margin-bottom: 0px; margin-left: 0px; padding-top: 0px; padding-right: 0px; padding-bottom: 0px; padding-left: 0px; line-height: inherit; position: relative; zoom: 1; "><div class="description" style="margin-top: 0px; margin-right: 0px; margin-bottom: 0.7em; margin-left: 0px; padding-top: 0px; padding-right: 0px; padding-bottom: 0px; padding-left: 0px; line-height: inherit; font-size: 1.2em; text-overflow: ellipsis; overflow-x: hidden; overflow-y: hidden; "><div class="xg_user_generated" style="margin-top: 0px; margin-right: 0px; margin-bottom: 0px; margin-left: 0px; padding-top: 0px; padding-right: 0px; padding-bottom: 0px; padding-left: 0px; line-height: inherit; font-size: 1em; position: static !important; "><p style="margin-top: 0px; margin-right: 0px; margin-bottom: 0.4em; margin-left: 0px; padding-top: 0px; padding-right: 0px; padding-bottom: 0px; padding-left: 0px; line-height: inherit; font-size: 1em; position: static !important; min-height: 1em; ">It has been confirmed to me (reliably) that the Education Funding Agency has chosen to requisition the old Ashmount Site from Islington Council, which they have the power to do, without paying any compensation to the Council.</p><p style="margin-top: 0px; margin-right: 0px; margin-bottom: 0px; margin-left: 0px; padding-top: 0px; padding-right: 0px; padding-bottom: 0px; padding-left: 0px; line-height: inherit; font-size: 1em; position: static !important; min-height: 1em; "><br style="font-size: 1em; position: static !important; ">The site is to be transferred without charge to private ownership; the site will be given to Bellevue Education Limited. Bellevue Education Ltd is a commercial (for profit) company, which runs a chain of nine for profit fee paying schools here, and in Switzerland. ) Bellevue made profits last year of £1.5m on a turnover of £3.7m, so its what I believe one would call "a nice little business". Although if you want to rush out and buy some shares you cannot at the moment as they are not publically listed. Instead the investors are venture capitalists based in Switzerland using Russian money. Perhaps there will be a flotation at some point in the future. I am sure we will be all poised to add a bit of diversity to our share portfolios.</p><p style="margin-top: 0px; margin-right: 0px; margin-bottom: 0px; margin-left: 0px; padding-top: 0px; padding-right: 0px; padding-bottom: 0px; padding-left: 0px; line-height: inherit; font-size: 1em; position: static !important; min-height: 1em; "><br></p><p style="margin-top: 0px; margin-right: 0px; margin-bottom: 0px; margin-left: 0px; padding-top: 0px; padding-right: 0px; padding-bottom: 0px; padding-left: 0px; line-height: inherit; font-size: 1em; position: static !important; min-height: 1em; "><p style="margin-top: 0px; margin-right: 0px; margin-bottom: 0px; margin-left: 0px; padding-top: 0px; padding-right: 0px; padding-bottom: 0px; padding-left: 0px; line-height: inherit; font-size: 1em; position: static !important; min-height: 1em; "><br></p><br style="font-size: 1em; position: static !important; "><br></p></div></div></div></span>
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