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Cable: Commercial forays utterly bizarre

The leader of the Lib Dems has said it is ‘utterly bizarre’ that councils are buying up commercial investments miles from their areas.

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By Dan Peters | 05 July 2018

The leader of the Lib Dems has said it is ‘utterly bizarre' that councils are buying up commercial investments miles from their areas.

Sir Vince Cable, a former Glasgow city councillor, described the use of the Public Works Loan Board for this purpose as an ‘abuse of borrowing'.

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Dan Peters

Popular articles by Dan Peters

  1. Rayner: Prescott was an inspiration to me
  2. New anti-social behaviour powers planned for councils
  3. Commissioners not ruled out despite envoy appointment
  4. Woking's debt hits £2.1bn
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