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Public sector waste

Camden goldmine

The Evening Standard tonight identifies one sign with a camera in Camden, at the intersection of Laystall Street and Clerkenwell Road, that has netted £759,000 in fines since July 2004. This is a council waste story because you can guarantee that they have not generated £759,000 in cash they can spend in the borough. You can bet they have converted the teeth grinding anger of thousands of London drivers into a few grand of surplus that will get spent on one or two more speed humps.