FINANCE

Advisers offer neat solution to the rocky road ahead

As a raft of councils could face difficulties from their commercial investment, or just failing finances, the Birmingham model of non executive advisers offers a solution to all out intervention, says Heather Jameson

The launch of a public interest report into Nottingham City Council's energy company is reminder that there may be far more of this to come.

A scathing auditor's report reveals a council with the best intentions that came crashing down when it came to the execution. Set up to tackle fuel poverty at a time when local authorities were being encouraged down the route of commercialisation and self-sufficiency, Robin Hood Energy had the potential to solve two problems at once.

Heather Jameson

Popular articles by Heather Jameson

SUBSCRIBE TO CONTINUE READING

Get unlimited access to The MJ with a subscription, plus a weekly copy of The MJ magazine sent directly to you door and inbox.

Subscribe

Full website content includes additional, exclusive commentary and analysis on the issues affecting local government.

Login

Already a subscriber?