1st August 2018 By Graham Smith A row is brewing at Cornwall Council over the establishment of a new panel to “advise” on investments. The main plank of the council’s…
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Labour and MK to be excluded from County Hall Investment Panel
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What has just happened to Northamptonshire County Council can very easily occur to Cornwall Council … and it certainly wouldn’t bode well for the staff.
https://www.theguardian.com/society/2018/jul/31/fears-cash-strapped-council-may-cut-services-for-vulnerable-children
Cornwall Council has massive debts of nearly half a BILLION pounds, rolling on over tens of years, much of which is on unpredictable interest rates. The latest “project” is house-building. What competency is there amongst the officers and, indeed, the Councillors, for such an adventurously dangerous use of yet more public funds? What controls are in place?