"British Waterways' waterside regeneration partnership Isis has been hit by the downturn in the economy and is shedding staff.
Isis will prioritise work on Granary Wharf mixed-use scheme under construction in Leeds, and the first phase of New Islington by the Aston Canal, Manchester.
Despite the retrenchment, BW Propetry Director Stuart Mills maintained that property remained a key source of income to British Waterways and predicted future recovery 'in line with the wider market'."
Canal Boat, November 2008
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