IceSave—I Say! A Decade And A Half Since The Last Folly, Local Councils Seek New Finance Options

1 year ago
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IceSave—I Say! A Decade And A Half Since The Last Folly, Local Councils Seek New Finance Options
Sources: www.ukcolumn.org/video/uk-column-news-21st-august-2023
- BBC: Black hole in town hall budgets rises to £5bn
- Labour (2022): A New Britain: Renewing our Democracy and Rebuilding our Economy
(Previously discussed on UK Column News, 26 July 2023)
- 13. Local government should be given more capacity to generate its own revenue with new fiscal powers.
- Plymouth Herald: Plymouth City Council accounts not approved after it bought £70m of shares
- Kent County Council: Money deposited in Icelandic banks
- The Guardian: Woking council may face £1bn hit from property investment spree
- The Guardian: Thurrock council hid losses as it gambled millions on risky investments
- The Guardian (2012):  BCCI scandal: long legal wrangling over collapsed bank

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