Sunday, December 3, 2023

Thurrock Council loan controversy: Has publicity been bad for business?

THURROCK Council’s borrowing of more than £1 billion came under scrutiny tonight (Tuesday, 10 November) when the council’s financial guru attempted to turn blame for a worsening position of the council’s finances partly on the media.

Finance director Sean Clark found himself in the hot seat at this evening’s meeting of the council’s corporate services overview and scrutiny committee, just days after the authority acknowledged it has had to borrow another £125 million to try and balance its books.

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