Grant thornton report on croydon council
WebMar 9, 2024 · Advertisement. In 2024/24 the GLA’s precept will rise by £38.55 to £434.09. Croydon can now raise its share by £235.51 to £1,805.58. This means an average household will pay an additional £274.06 of the year - an additional £5.27 per week, taking the total to £2,239.67. Councillors Labour Protesters Council Tax. WebOct 28, 2024 · Grant Thornton’s Report in the Public Interest offered its most withering criticisms of the way Croydon’s finances had been mismanaged over the council’s …
Grant thornton report on croydon council
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WebOct 29, 2024 · Croydon set up a number of companies including wholly owned and part owned companies. Grant Thornton said its governance and oversight of the companies shows insufficient rigor and control, and pointed out that despite heavy investment, the council has not yet received any significant return. The report stated: ‘The council’s … WebThe Council’s response to the Section 24 Statutory Recommendations Report from Grant Thornton Recommendation Comments Accountable ... arrangements in respect of Croydon Affordable Homes Agreed In progress To be completed by June 2024 Progress has been achieved recently through a joint workshop between the Council and Grant …
WebOct 29, 2024 · Auditor Grant Thornton took the rare step of issuing a public interest report on the council, whose borrowings exceed reserves. Grant Thornton said in its report that while the Covid-19 pandemic had worsened Croydon’s financial plight, it had been in difficulties long before that, which it had failed to scrutinise or address properly. WebOct 5, 2024 · CROYDON IN CRISIS: The report on the council’s financial collapse, which has been withheld for nearly two years, contains scathing criticism of some of the council’s top staff and political leaders. ... Many of the 160 pages of Penn’s report are covered with excerpts from auditor Grant Thornton’s public interest report, which was ...
WebMar 8, 2024 · CROYDON IN CRISIS: Complacency and ‘corporate blindness’ to the problems at the council contributed to the collapse of the borough’s finances. But Grant … WebMar 26, 2024 · Report this profile Report Report. Back Submit. About ... Grant Thornton UK LLP 8 months Director, Insurance Risk Assurance Grant Thornton UK LLP Jan 2024 - Present 4 months ... Croydon Council Dec 2024 - …
WebOn 23 October 2024 Croydon Council's external auditors published a Report in the Public Interest. The report sets out serious concerns about the council's financial situation, its …
WebNov 11, 2024 · Debt-hit Croydon Council has effectively declared itself bankrupt by issuing a Section 114 notice due to its “severe and ongoing” financial difficulties, including owing around £1.5 billion. ... after a damning report by auditors Grant Thornton revealed a spending gap of around £60 million. Croydon Council building. high tea coloradoWebNov 3, 2024 · Croydon council’s developer Brick by Brick has hit back after an audit into the council raised serious questions about its management of the firm leading to a government probe. This week, the government launched a review into the council after the Grant Thornton report, which was published last week, was highly critical of the … how many days until april 2 2022WebJan 27, 2024 · Yesterday, Grant Thornton, one of the country’s top auditors, published an unprecedented SECOND Report in the Public Interest (RIPI) about the financial failings of Croydon’s Labour Council. RIPIs are only produced when things have gone so badly wrong that the auditors have a responsibility to expose to the public what has happened. high tea como treasuryWebNov 11, 2024 · The move by Lisa Taylor, Croydon’s finance director and section 151 officer, followed pre-pandemic losses of £163m in 2024-20 and £221m in 2024-19 and the publication last month of a highly critical public interest report by external auditor Grant Thornton. A central government commissioned governance review is underway. high tea city sydneyWebThornton Heath gets Afrobeat with £15,000 Arts Council grant. ... Report this post Report Report. Back Submit ... how many days until april 11th 2022WebMar 18, 2024 · In the case of Croydon Council, Grant Thornton raised concerns from 2024-18, made a series of recommendations, and issued an adverse opinion on value … high tea clothingWebFeb 20, 2024 · In October 2024 Croydon Council’s external auditor’s Grant Thornton issued a report in the public interest which was a damning indictment of the council’s failings. In January this year Grant Thornton took the almost unprecedented step of issuing another report in the public interest, this time focusing on the refurbishment of the … how many days until april 11 2025