Editing British Waterways (section)

==Finance==
British Waterways was funded through a mixture of commercial activities, government grants and grants and donations from charitable bodies. In 2010/11, BW raised over £103.6 million from their commercial activities, including waterways licensing, received £58.9 million from a government grant, issued via the [[Department for Environment, Food and Rural Affairs]], and gained a further £14 million through third party contributions. However, operating revenue for the company was at a deficit of £3.7 million, a result of a large cut of 16 per cent in the government grant given to BW, and through the continuing programme of renovation and works costing £92.1 million.<ref>{{cite web |title=Annual Report and Accounts 2010/11 |url=http://www.britishwaterways.co.uk/media/documents/BW_Annual_Report_and_Accounts_2011.pdf |publisher=British Waterways |access-date=3 March 2012 |pages=29 |url-status=dead |archive-url=https://web.archive.org/web/20120619123145/http://www.britishwaterways.co.uk/media/documents/BW_Annual_Report_and_Accounts_2011.pdf |archive-date=19 June 2012 }}</ref>

British Waterways owned a large canalside property portfolio which made a considerable contribution to the funding of the waterway network. This amounted to £130m in the five years prior to 2008. As of 2008, a [[HM Treasury]] team was reviewing the management of this portfolio in terms of public sector savings and efficiencies.<ref>{{Cite news|url=http://www.boatingbusiness.com/archive101/2009/january/news/bw_canalside_property_in_government_fire_sale |title=BW canalside property in government fire sale? |date=1 December 2008 |work=Boating Business |access-date=2008-12-03 |url-status=dead |archive-url=https://web.archive.org/web/20081205071048/http://www.boatingbusiness.com/archive101/2009/january/news/bw_canalside_property_in_government_fire_sale |archive-date=5 December 2008 }}</ref> Another source of revenue contemplated by BW in October 2008 was the installation of 50 [[wind turbine]]s on waterside land, generating around 100 megawatts.<ref>{{Cite news | title=British Waterways to erect wind turbines by canals and rivers | work=The Daily Telegraph| url=https://www.telegraph.co.uk/earth/main.jhtml?xml=/earth/2008/10/08/eawater208.xml | access-date=2008-10-08 | location=London | first=Paul | last=Eccleston | date=8 October 2008 | url-status=dead | archive-url=https://web.archive.org/web/20081012151654/http://www.telegraph.co.uk/earth/main.jhtml?xml=%2Fearth%2F2008%2F10%2F08%2Feawater208.xml | archive-date=12 October 2008 }}</ref><ref>{{Cite web | title=Waterways To Strike A Blow Against Climate Change | work=British Waterways website | url=http://www.britishwaterways.co.uk/newsroom/all-press-releases/display/id/2275 | access-date=2008-10-08 | url-status=live | archive-url=https://web.archive.org/web/20081108082206/http://www.britishwaterways.co.uk/newsroom/all-press-releases/display/id/2275 | archive-date=8 November 2008 }}</ref>