Thurrock council

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Bankrupt Thurrock council recklessly gambled hundreds of millions of pounds on risky commercial investments while covering up evidence of its losses and attempting to silence critics, a devastating official review has concluded. The financial collapse will have catastrophic implications for the council, which may not survive in its current form, the review said. It had delegated extraordinary power to him to invest hundreds of millions of pounds without meaningful political or executive oversight. This, alongside investments in other business, exposed the council to serious losses and forced it to write off millions on bad deals. Although the review blamed Clark for the conception, development and ultimate failure of the investment strategy, it said the fiasco could not be laid at his door alone.

Thurrock council

We're making major changes to improve the way we are managed, to achieve financial stability, and to make the council fit for the future. In September , we were put into intervention by the Government. Since then, work has been underway to make the council better and more efficient. Choosing to foster is one of the most important decisions you will ever make. Thurrock Council Foster Carers living in Thurrock are exempt from paying council tax. Find out more by speaking with our friendly Fostering team or by joining one of our online open events. Sign up for our regular emails to get the latest news and events. Find out what's new, what's on, how you can get involved and how to have your say. Don't miss a thing! You can sign up for all our news or just the subjects that interest you, like business, housing or travel. Find out more about cookies. Thurrock Council Budget — services from April Support to help with the rising cost of living.

It is expected to have to approach the government for a bailout as it attempts to try to balance the books. Alongside this work Essex County Council were also appointed thurrock council a Best Value Inspector in order to assess whether there was best value failure in other functions of the Council. UK Parliament, thurrock council.

Thurrock Council is the local authority for the borough of Thurrock in the ceremonial county of Essex , England. Thurrock is a unitary authority , having the powers and functions of a county council and district council combined. The council is based in Grays. In the council's level of debt arising from failed investments led to it issuing a Section notice , being the local authority equivalent of declaring bankruptcy. The government directed neighbouring Essex County Council to take over Thurrock's finances and also appointed a new managing director for the council. Urban districts were abolished in under the Local Government Act

Show page links for this section. Looking for somewhere new and exciting to call home? Look no further than Thurrock. We are located on the north shore of the River Thames, just a short stone's throw to the east of London, and Essex to the north and east. Our location offers the best of all worlds, with lively towns and peaceful villages surrounded by acres of parks, countryside and heritage sites.

Thurrock council

Bankrupt Thurrock council recklessly gambled hundreds of millions of pounds on risky commercial investments while covering up evidence of its losses and attempting to silence critics, a devastating official review has concluded. The financial collapse will have catastrophic implications for the council, which may not survive in its current form, the review said. It had delegated extraordinary power to him to invest hundreds of millions of pounds without meaningful political or executive oversight. This, alongside investments in other business, exposed the council to serious losses and forced it to write off millions on bad deals. Although the review blamed Clark for the conception, development and ultimate failure of the investment strategy, it said the fiasco could not be laid at his door alone. Council leaders were timid and incurious, the review said. This meant they could avoid taking hard decisions, said the review. When other places were looking at significant cuts we were having arguments here on how to spend the surplus. The council is now under special measures and run by a government-appointed team of commissioners.

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Following consideration of these representations, on 16 March the Minister announced that the Secretary of State would expand the intervention at the Council. Terry Piccolo [81]. Retrieved 3 September Albert Vandersteen [55]. BBC News Online. Thurrock Council: Representation. We're making major changes to improve the way we are managed, to achieve financial stability, and to make the council fit for the future. Retrieved 26 May Retrieved 17 May Retrieved 22 November Retrieved 24 November On 2 September , the Secretary of State for Levelling Up, Housing and Communities intervened in the running of Thurrock Council, passing financial control of the council to Essex County Council , as well as ordering a Best Value Inspection, in response to concerns about the council's level of financial risk and debt. Following the election and subsequent changes of allegiance up to February , the composition of the council was: [32] [33] [34] [24]. Please leave blank.

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Bob Wood [43] [44]. This field is for robots only. The role of Mayor of Thurrock is largely ceremonial, usually being held by a different councillor each year. John Everett [68]. Thurrock Council: Explanatory Memorandum 16 March A Vision of Britain through Time. Terry Piccolo [81]. Tony Fish [73]. Home Regional and local government Local councils and services. James Halden [84]. Support to help with the rising cost of living. Find out more by speaking with our friendly Fostering team or by joining one of our online open events. Bankrupt Thurrock council recklessly gambled hundreds of millions of pounds on risky commercial investments while covering up evidence of its losses and attempting to silence critics, a devastating official review has concluded.