| Author |
Message |
|
Amnesia10
Legend
Joined: Fri Apr 24, 2009 2:02 am
Posts: 29240
Location: Guantanamo Bay (thanks bobbdobbs)
|
Shapps: Labour councils are 'sitting on cash' as services are cut http://www.telegraph.co.uk/news/uknews/ ... e-cut.htmlIdiot. Reserves are there for an emergency, even BP is slashing jobs even though it has a $7 billion cash pile. _________________Do concentrate, 007... "You are gifted. Mine is bordering on seven seconds." https://www.dropbox.com/referrals/NTg5MzczNTkhttp://astore.amazon.co.uk/wwwx404couk-21
|
| Sun Apr 17, 2011 11:36 pm |
|
|
|
Nick
Spends far too much time on here
Joined: Thu Apr 23, 2009 11:36 pm
Posts: 3527
Location: Portsmouth
|
But reserves of cash aren't there to keep services running day-to-day, they should fund one off investments and act as a contingency.  _________________
|
| Mon Apr 18, 2011 6:13 am |
|
|
|
MrStevenRogers
Spends far too much time on here
Joined: Fri Apr 24, 2009 9:44 pm
Posts: 4860
|
or boost the management pension/bonus funds ...
_________________
Hope this helps . . . Steve ...
Nothing known travels faster than light, except bad news ...
HP Pavilion 24" AiO. Ryzen7u. 32GB/1TB M2. Windows 11 Home ...
|
| Mon Apr 18, 2011 10:46 am |
|
|
|
paulzolo
What's a life?
Joined: Thu Apr 23, 2009 6:27 pm
Posts: 12251
|
I smell a trap. The Tories want the councils to spend all that they have, so they can then bitch about them not saving for a rainy day. Stupid Tories. 
|
| Mon Apr 18, 2011 11:18 am |
|
|
|
hifidelity2
I haven't seen my friends in so long
Joined: Fri Apr 24, 2009 1:03 pm
Posts: 5041
Location: London
|
Ahh but is the level of that reserve that needs to be identified not just is £ value If a council is keeping a 5% reserve then that might be OK - what if its a 200% reserve - and don't forget the Politics in this - its good for a Labour council to cut / hold back on services so that they can blame the goverment.
|
| Mon Apr 18, 2011 11:21 am |
|
|
|
belchingmatt
I haven't seen my friends in so long
Joined: Fri May 15, 2009 3:16 am
Posts: 6146
Location: Middle Earth
|
Typical labour supporters comment. 
_________________
Dive like a fish, drink like a fish!
><(((º>`•.¸¸.•´¯`•.¸><(((º>
•.¸¸.•´¯`•.¸><(((º>`•.¸¸.•´¯`•.¸><(((º>
If one is diving so close to the limits that +/- 1% will make a difference then the error has already been made.
|
| Mon Apr 18, 2011 11:45 am |
|
|
|
Amnesia10
Legend
Joined: Fri Apr 24, 2009 2:02 am
Posts: 29240
Location: Guantanamo Bay (thanks bobbdobbs)
|
Do you honestly expect a council to have reserves that high? _________________Do concentrate, 007... "You are gifted. Mine is bordering on seven seconds." https://www.dropbox.com/referrals/NTg5MzczNTkhttp://astore.amazon.co.uk/wwwx404couk-21
|
| Mon Apr 18, 2011 11:47 am |
|
|
|
Spreadie
I haven't seen my friends in so long
Joined: Fri Apr 24, 2009 6:06 pm
Posts: 6355
Location: IoW
|
That is why I hate politics and politicians. They'd gladly disadvantage a whole community/region, just to score a point at PMQs. They're all so frikkin intent on pulling in opposite directions, and screw the net effect it has on the country.
_________________
Before you judge a man, walk a mile in his shoes; after that, who cares?! He's a mile away and you've got his shoes!
|
| Mon Apr 18, 2011 11:47 am |
|
|
|
Linux_User
I haven't seen my friends in so long
Joined: Tue May 05, 2009 3:29 pm
Posts: 7173
|
+1 Also, IIRC, central government set minimum limits of what councils should hold in reserve.
|
| Mon Apr 18, 2011 2:04 pm |
|
|
|
hifidelity2
I haven't seen my friends in so long
Joined: Fri Apr 24, 2009 1:03 pm
Posts: 5041
Location: London
|
I don't know but what is the "correct" level of reserves ? - no one has answered that
|
| Mon Apr 18, 2011 3:32 pm |
|
|
