CROYDON IN CRISIS: Council reports rewritten, lack of commercial experience in key positions and a ‘very controlling’ former leader and his inner circle. The rapid review of Croydon Council paints a picture that will be very familiar to readers of Inside Croydon. By STEVEN DOWNES
There was huge relief for senior figures at the council this afternoon, when Robert Jenrick’s rapid review team recommended that the Tory government minister should approve the multi-million-pound bail-out that would allow Croydon to balance its budget for this financial year.
“We believe there is no credible alternative to the option of capitalisation, that will restore the council to financial health,” said the report, drafted by Chris Wood and published by the Ministry of Housing, Communities and Local Government.
The recommendation to allow the capitalisation directive – a crucial part of the recovery plan prepared by Katherine Kerswell, the interim chief exec, and council leader Hamida Ali, where the council is permitted to use around an initial £25million of its capital (over four years, to 2024, the bail-out will amount to £150million) for its day-to-day revenue costs – comes with some very tight strings attached, however.
These include the need for an improvement board, which will be peering over the shoulders of Kerswell and Councillor Ali for the next three years. Continue reading























