David Fish drew this BBC news item to my attention. Regular visitors will recall earlier posts regarding the generous loan from Leicestershire County Council when they got into financial difficulties. Obviously, this would have been fine if the councillors had passed the hat round and dug into their own expenses to bail out their fellow Tories. Unfortunately they didn't, and the money they lent was ours - the money that is supposed to be for social care and children and all those little services which our county council is unequivocally awful at. Still, it's only a loan. We'll get it back, right?
To coin a phrase, I wouldn't put money on it. Northamptonshire County Council is bankrupt and long since voted for its own extinction. I cannot figure out what exactly the body that operates in its place is called. If I could, naturally, I would post it here to help out all the other bodies, businesses, and rate-payers who are owed many, many millions. Anyway, the BBC has helpfully summarised the prospects for seeing anything of the Leicestershire Loan repaid.
https://www.bbc.co.uk/news/uk-england-northamptonshire-55279308
Just thought Leicestershire residents might want an update just in case we are allowed county elections next year. Especially given the news that we'll all be paying more council tax to swell the Glenfield property portfolio.
By the way, nice offices the non-existent Northamptonshire CC built themselves, aren't they? Bet they cost a pretty penny...
