What no one could quite have clocked at the time of writing was how close to the truth the spoof piece actually was. We have since heard rumours that even ODPM civil servants weren't sure if it was real or not. Since this time last year the Thames Gateway's progress has been stuttering to say the least. In large part this has been because of the threat of flooding. Insurance companies are screaming about it and inevitably housebuilders are following suit.
Can you really blame them for not wanting to build if the insurers are refusing to play ball?