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Dear Sir or Madam, Llanelli Sand Dredging 1938 was bought up by Westminster Dredging then bought by Royal Boskalis: Each time a smaller company was subsumed by a larger one and now dredging in Swansea Bay has changed from a local industry to a national one to an international one in effect leaving the area unprotected from globalised industrialism. Since February 2006 the rebased closing price for Royal Boskalis Westminster Group is up 25% compared with all other shares at 10%. Many shareholders of the Dutch parent company are unaware (or do not want to be aware) of the consequences of their investment. I think we should take direct action and use the media to inform them of what they may be doing to our heritage. It is ironic that Westminster have won awards for creating beaches so what penalty then for destruction? Despite receipts to the treasury of £191 million net revenue the Welsh Assembly could be asked to justify that the profit to the Exchequer (through Crown Estates) is consistent with cost to the environment, culture, local economy, and ecology and the wishes of the People. Thank you. |