º£½ÇÊÓÆµ

Oops.

Our website is temporarily unavailable in your location.

We are working hard to get it back online.

PRIVACY
Business

Tributes paid to chartered surveyor with cultural flair who launched audacious bid to buy Humber Bridge

Malcolm Scott has passed away

Malcolm Scott, in 2011, when he went public with his plan to buy the Humber Bridge from the Government. His campaign helped pave the way for bridge toll reductions still benefiting the region's motorists. (Image: Reach Plc)

Tributes have been paid to well-known Hull businessman Malcolm Scott who has died in hospital after a short illness.

A chartered surveyor, he initially worked for before joining the Prudential Building Society when it operated an estate agency division. However, after a year he found himself unemployed when the division was closed so he set up his own company in 1990, initially based in a rented room inside

Scotts Chartered Surveyors soon expanded from a one-man business, taking over the commercial work of long-established estate agents Wells Cundall in 1995 and later opening an office in Grimsby. Over the next three decades he used his experience in both the public and private sectors to forge numerous partnerships between the two in a range of areas, from economic development to the arts and culture.

Read more: Tech-driven sporting and social venue to open in Hull's Old Town

In 2011 he launched an audacious £100 million bid to buy the Humber Bridge off the government through a proposed new social enterprise company in exchange for the crossing's remaining debt being wiped off. While ultimately unsuccessful, he claimed his high-profile campaign helped prompt a subsequent government deal with the bridge board which reduced tolls by half.

Lawrence Brown, managing partner at Scotts Property LLP, worked alongside him at the pan-humber firm for eight years. He said: "I remember him coming into a meeting one day and just saying: 'I want to buy the Humber Bridge'. We all just looked at him as if he was crazy.

"The thing was, he actually came with something that would work. His scheme made perfect sense but they were never going to simply adopt his idea so they came up with something else to present as their own which achieved the same thing by reducing the tolls to £1.50 - so he won in the end."

At Scotts,which swelled to five partners, among his notable successes, was persuading construction firm Henry Boot to develop Priory Park in west Hull.