@surreylibdems.bsky.social
Reposted
More debt that Thames Water will seek to get back from customers or through reduced investment. But still bosses got their bonuses and shareholders their dividends. The government can’t let this continue. www.ft.com/content/82db...
Thames Water’s emergency loan could cost £800mn in interest and fees
Mooted £3bn loan will hit customers and drain troubled utility’s resources, warn experts
www.ft.com
November 17, 2024 at 11:47 PM
More debt that Thames Water will seek to get back from customers or through reduced investment. But still bosses got their bonuses and shareholders their dividends. The government can’t let this continue. www.ft.com/content/82db...
Reposted
'Surrey County Council faces a black hole... of £151.7 million by 2026-27. That works out as 12.6% of the council’s net budget, and is the equivalent of £124.90 for everyone in Surrey.'
Huge financial mismanagement on the part of the Conservative leadership 👇
www.getsurrey.co.uk/news/surrey-...
Huge financial mismanagement on the part of the Conservative leadership 👇
www.getsurrey.co.uk/news/surrey-...
Map shows how Surrey's £150m budget black hole compares in south east
The chair of the Local Government Association has said: “The risk of financial failure across local government is potentially becoming systemic"
www.getsurrey.co.uk
October 21, 2024 at 2:00 PM
'Surrey County Council faces a black hole... of £151.7 million by 2026-27. That works out as 12.6% of the council’s net budget, and is the equivalent of £124.90 for everyone in Surrey.'
Huge financial mismanagement on the part of the Conservative leadership 👇
www.getsurrey.co.uk/news/surrey-...
Huge financial mismanagement on the part of the Conservative leadership 👇
www.getsurrey.co.uk/news/surrey-...