We’ve found that councils up and down the country have been borrowing and gambling huge sums. The risks to the public purse are clear and yet decisions often happen behind closed doors.
"Taxpayers have a right to know how their taxes are invested and where," says @thatginamiller. "This transparency should be mandated across all public sector orgs, esp post-covid when councils may be tempted to take higher risks due to funding blackholes and government cuts.”
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Today, in partnership with @HuffPostUK, we reveal the scale to which cash-strapped councils across England are selling off public buildings and spaces to make ends meet - and sometimes even using the money to make staff redundant thebureauinvestigates.com/stories/2019-0… #SoldFromUnderYou
Since 2010, local authorities have lost around 60% of funding in the name of austerity, leaving services shut and buildings closed #SoldFromUnderYou
A 2016 Government ruling allowed councils desperate for cash to sell off public assets - such as community centres, libraries, playgrounds, youth clubs & health clinics - but only if proceeds were spent on measures to save councils money in the future #SoldFromUnderYou