Labour-run local Croydon council goes Bust

[arista]

This was on BBC1 London Local news
yesterday.


[Croydon Council becomes second council in two decades
to declare bankruptcy
The borough has imposed emergency spending
restrictions under a Section 114
Officials blamed the coronavirus crisis coupled
with 'a decade of austerity'
Last authority to use the order was
Northamptonshire County Council in 2018]


[Hamida Ali, Croydon Council's leader,
said yesterday: 'We need to be honest about the
fact that, for a number of reasons, the council is on
track to spend more than we have.
'The Covid-19 crisis and a decade of austerity
have had a major impact on our finances
but it's clear the council has also made mistakes,
and I am committed to fixing that.']


https://www.dailymail.co.uk/news/article-8940263/Labour-run-Croydon-council-bankrupt-blames-coronavirus.html

[UserSince2005]

lol they dont understand simple accounting. thick as pig ****.

[Kizzy]

I think this will start to happen more regularly tbh.

[Crimson Dynamo]

a decade of austerity = FINANCIAL MISMANAGEMENT BY THE COUNCIL

:skull:

[arista]

I think this will start to happen more regularly tbh.


Well this number 2
could well be a Number 3 soon.


I agree
Wise Kizzy

[arista]

a decade of austerity = FINANCIAL MISMANAGEMENT BY THE COUNCIL

:skull:


Sure that Council leader
does admit to errors

[Tom4784]

Most councils are struggling, if they don't get the right funding from the government then things like this are inevitable.

[arista]

Most councils are struggling, if they don't get the right funding from the government then things like this are inevitable.


I bet the next one could also be Labour run.

[Liam-]

Does it matter who they’re run by? Areas are struggling in a horrible time, politics really has nothing to do with it

[Parmy]

Corona virus my arse...

That place has been heaving with shoppers and traffic since March.

[arista]

Does it matter who they’re run by? Areas are struggling in a horrible time, politics really has nothing to do with it


It appears, some Labour Councils do not get on
with the Government

[Parmy]

It also appears the economy rose by 8.5 percent from july to the 2nd of november.. it can only be bad money management by the local labour run council.

[Tom4784]

Would the people claiming it's due to bad management be doing so if it was a Tory council? I doubt it. This wouldn't even be a story if that was the case.

All councils are struggling, stop demonising one party while licking the boots of the government that have their heel on your throat.

[joeysteele]

That's one Labour council and then the Con one in Northamptonshire then.

They aren't likely to be the last sadly.

[bots]

i don't think we can throw around blame in these times

[arista]

£66million missing in Croydon Council


On ITV1HD London News

[Parmy]

£66million missing in Croydon Council


On ITV1HD London News

It will be in someone's back pocket knowing that lot.

[Parmy]

Why would corona effect a local councils cash anyway?

[UserSince2005]

money runs through labour pockets like water through a sieve haha