|
Re: Government & Post Election Discussion
This is usually the level of incompetence and recklessness one would find in some Labour councils.
https://www.theguardian.com/society/...-by-government
https://www.dailymail.co.uk/news/art...ing-money.html
Quote:
|
Northamptonshire declared itself effectively bankrupt in February after it realised it could not balance its books. It declared insolvency again in July after a review revealed it had understated the extent of its financial problems. It must make good a £70m deficit by the end of March to avoid insolvency for a third time.
|
Quote:
|
Although the council has already set in train a draconian cuts programme for the current financial year to try to overturn the £70m budget shortfall, the commissioners said this alone would not be enough to prevent insolvency.
|
__________________
“The only lesson you can learn from history is that it repeats itself”
|