Why can’t Wirral Council refinance £44,500,000 in LOBO loans and why are 6 other councils suing the lender?
![Shaer Halewood (Director for Finance and Investments (Wirral Council)) 29th January 2018](https://johnbrace.com/wp-content/uploads/2018/06/Shaer-Halewood-Director-for-Finance-and-Investments-Wirral-Council-29th-January-2018-min.jpg)
Earlier this year I made a FOI request to Wirral Council for a copy of a long running objection that has remained unresolved for years made by a local elector in relation to LOBO (Lender Option, Borrower Option) loans made to Wirral Council.
Continue reading “Why can’t Wirral Council refinance £44,500,000 in LOBO loans and why are 6 other councils suing the lender?”