The Government Picks up The Tab
August 11, 2011
IN HIS SPEECH to parliament today on the British riots, David Cameron said this:
On repairing the damages, I can confirm that any individual, homeowner or business that has suffered damage to or loss of their buildings or property as a result of rioting, can seek compensation under the Riot Damages Act, even if uninsured.
The government will ensure the police have the funds they need to meet the cost of any legitimate claims.
And whereas normally claims must be received within 14 days, we will extend the period to 42 days.
The Association of British Insurers have said they expect the industry to be paying out in excess of £200 million.
And they have assured us that claims will continue to be dealt with as quickly and constructively as possible.
On supporting businesses, we are today setting up a new £20 million high street support scheme to help affected businesses get back up and running quickly.
And to minimise the costs facing businesses, the government will enable local authorities to grant business rate relief, by funding at least three quarters of their costs.
So not only is the British government presumably paying for the housing and medical care of many of the looters, who live in neighborhoods in which subsidized housing is common, but it will pick up the cost of their destructive acts.
The British government might at least deny anyone sentenced in connection with the riots public benefits for the rest of his life, as suggested by this blogger.