Why can’t Wirral Council refinance £44,500,000 in LOBO loans and why are 6 other councils suing the lender?

Why can’t Wirral Council refinance £44,500,000 in LOBO loans and why are other councils suing the lender?

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
Shaer Halewood (Director for Finance and Investments (Wirral Council)) 29th January 2018

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?”

Wirral Council overspent its budget by £4.327 million in first three months of this financial year!

Wirral Council overspent its budget by £4.327 million in first three months of this financial year!

Wirral Council overspent its budget by £4.327 million in first three months of this financial year!

                                                  

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Cabinet (Wirral Council) 2nd September 2019

Wirral Council Cabinet (2nd September 2019) Cllr Pat Hackett (right) presenting a finance report on quarter 1
Wirral Council Cabinet (2nd September 2019) Cllr Pat Hackett (right) presenting a finance report on quarter 1

In an extremely short seven minute long public meeting of Wirral Council’s Cabinet on Monday morning held at the slightly earlier time of 9.30 am, the Cabinet Member for Finance and Resources (Cllr Janette Williamson) was not present so Leader of the Council Cllr Pat Hackett gave a verbal summary of the written financial report in her absence.
Continue reading “Wirral Council overspent its budget by £4.327 million in first three months of this financial year!”

What was the “Atlantis – Motorways of the Sea” project and how was the £264,912.50 grant funding the Liverpool City Region Combined Authority from INEA for it spent?

What was the “Atlantis – Motorways of the Sea” project and how was the £264,912.50 grant funding the Liverpool City Region Combined Authority from INEA for it spent?

What was the “Atlantis – Motorways of the Sea” project and how was the £264,912.50 grant funding the Liverpool City Region Combined Authority from INEA for it spent?

                                            

266 Merseytravel LCRCA invoice March 2019 Atlantis Final Reconciliation Page 1 of 3
266 Merseytravel LCRCA invoice March 2019 Atlantis Final Reconciliation Page 1 of 3

AGRESSO Document Page 1 of 3

266

PROFORMA INVOICE

Payment by BACS

Name Sefton MBC

Address Corporate Finance & ICT
Magdelen House
Trinity Road

Post Code L20 3NJ
Continue reading “What was the “Atlantis – Motorways of the Sea” project and how was the £264,912.50 grant funding the Liverpool City Region Combined Authority from INEA for it spent?”

Are Wirral Council’s Wirral View newssheet days numbered after 26 editions?

Are Wirral Council’s Wirral View newssheet days numbered after 26 editions?

Are Wirral Council’s Wirral View newssheet days numbered after 26 editions?

                                       

Wirral View logo
Wirral View logo – the logo is from Wirral View’s website and is used here exercising the exception for news reporting (section 30)

Wirral View started (its first edition was in October 2016) after a troubled start when the decision of former Cllr Matthew Patrick to start it was called in for scrutiny by councillors in 2016.

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Business Overview and Scrutiny Committee (Wirral Council) 27th July 2016

ICO the regulator upheld Wirral Council’s refusal to release the legal advice relating to this departure from the Code in ICO decision notices FS50651166, FS50646730 and FS50646655.
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What are the dates of the 6 RMT strike days on the Merseyrail network and will the £273 million cost of the new trains rise if the UK leaves the EU?

What are the dates of the 6 RMT strike days on the Merseyrail network and will the £273 million cost of the new trains rise if the UK leaves the EU?

What are the dates of the 6 RMT strike days on the Merseyrail network and will the £273 million cost of the new trains rise if the UK leaves the EU?

                                     

Stadler invoice to Merseytravel 18th February 2019 £5,468,499.05
Stadler Bussnang AG invoice to Merseytravel 18th February 2019 £5,468,499.05

Above is an invoice paid in March 2019 for 2% of the value of 52 new class 777 trains that Merseytravel are buying from Stadler Bussnang AG. This invoice was released to us on the 12th July 2019 as part of a request made using the Local Audit and Accountability Act 2014 in relation to the 2018-19 financial year. The invoice was requested as part of a collaborative journalism project with the Bureau of Investigative Journalism’s Bureau Local project.
Continue reading “What are the dates of the 6 RMT strike days on the Merseyrail network and will the £273 million cost of the new trains rise if the UK leaves the EU?”

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