Effectively today's announcement confirms our suspicions. Croydon Council is effectively bankrupt. We wait to see what impact Labour's bankrupting of Croydon will have on Coulsdon's services. The shame and degradation Labour has brought to Coulsdon and Croydon will become increasingly apparent.
Poor children's service delivery, the Westfield debacle, massive financial mismanagement, huge payoffs and reckless investments. Croydon's officially bankrupt and going cap in hand to Government with £1.5bn debt for future generations.
Another announcement today is that Community Ward Budgets are frozen, impacting numerous local, community and voluntary organisations. We wait to hear more about the impact on our essential services. Watch this space.
