A COUNCIL that is effectively bankrupt has revealed a list of nine assets it intends to sell to reduce its deficits reports the BBC.
Thurrock Council was left with debts of about £1.5bn following a series of failed investments in solar farms.
The local authority previously outlined its hopes to recoup about £1bn from its investment portfolio.
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Private Eye recently described Thurrock Council’s bankruptcy as being like,”Croydon on Crystal Meth”. God knows what they will say when they hear about this.
I don’ know of any other job where you can make a complete ‘cods’ of it and get the public to pay for your mistakes’ and then receive a 4% pay rise instead of being locked up.