Three fountains and a thingy

I've shown this installation outside Britannia House (the dole office) on Spring Bank before but that was taken from a bus and you don't really get the full sheer tackiness of it from that post. The three hemispheres are little trickling fountains; so far so meh. But what is that naff blue and white column? What is it supposed to be?

When new the idea of adding washing up liquid to the fountains appealed to certain elements but even that minor act of rebellion seems to have died away. Maybe it's so stupid no-one can be bothered to vandalise it.