Tag Archives: Council pension fund

Council has lost £130m from its pension fund under Perry

Posted on November 24, 2022 by insidecroydon

CROYDON IN CRISIS: Conservative Mayor, with help from the local Tory MP, has overseen a disastrous few months for the borough’s finances. By WALTER CRONXITE, political editor The Croydon Council pension fund has had £130million wiped from its value since … Continue reading →

Posted in Andrew Pelling, Callton Young, Chris Philp MP, Clive Fraser, Croydon Council, Section 114 notice | Tagged , , , , , , , , , , | 10 Comments

‘Some things have really changed for the better at our council’

Posted on December 8, 2021 by insidecroydon

CROYDON COMMENTARY: It is important that our cash-strapped local authority does not make cuts for cuts’ sake, and avoids incurring unnecessary costs when there might be other ways to conduct its business. By Councillor ANDREW PELLING Some things have changed … Continue reading →

Posted in Andrew Pelling, Croydon Council, Improvement Board, Richard Ennis, Section 114 notice, Waddon | Tagged , , , , , , , | 2 Comments

This is not the time for Chancellor to play games with councils

Posted on October 22, 2021 by insidecroydon

CROYDON COMMENTARY: Recently published reports which prove that Tory austerity has led to the early deaths of tens of thousands of people since 2010 need to be properly considered in next week’s Budget and in the forthcoming Government Spending Review, … Continue reading →

Posted in Andrew Pelling, Croydon Council, Waddon | Tagged , , , , , , , , , , | 7 Comments

Council pension fund makes £19m in General Election gamble

Posted on December 12, 2019 by insidecroydon

Croydon Council’s pension fund has made £19million in just a few weeks, through a gamble on the value of the pound sterling on foreign exchanges since August. That’s according to Andrew Pelling, the Waddon councillor who chairs the council’s pensions … Continue reading →

Posted in Andrew Pelling, Croydon Council, Waddon | Tagged , , , | 4 Comments