All the union news that's fit to blog...
Hat tip Room 151 – Sometimes the old ones are the best
“Chris Buss suggests four ways to stimulate the building of council housing.
(photo East Ham, Newham)
Earlier in the year the government issued a Green Paper on social housing; since then th…Read more…
Two-thirds of councils will be unable to replace all the homes sold under Right to Buy without significant reform of the system, according to the Local Government Association.The LGA this week released research it commissioned from property consultancy…Read more…
This has been one of the most popular stories on the Local Government finance website Room 151 recently. By Colin Marrs. LOBOS is the Spanish name for wolf. “Newham Council has agreed a deal with Barclays to switch almost half of its Lender Option…Read more…
Tomorrow evening at Committee Room 1, East Ham Town Hall, members of Newham Council Overview & Scrutiny will debate a request from a Cllr that up to £500,000 should not yet be spent on a proposed Special Purpose Vehicle (SPV) for its staff pension fund.
Cllr Farah Nazeer has asked that this…Read more…
Another council insider, David Green, adds more on the website Room 151 to the sorry tale of the LOBO debacle after watching the recent Parliamentary Select Committee investigation.
He recalls as a former local authority treasury management officer, …Read more…
Check out this article in the local government finance online site “Room 151”. Former auditor, Stephen Sheen, looks critically at the decision making process that resulted in Councils taking out LOBOs (Lender Option; Borrower Option) in the first place…Read more…