Tag Archives: Grant Thornton

£700,000: Croydon counting the costs of council failures

CROYDON IN CRISIS: The Town Hall has been hit with ‘penalty fines’ of its own since its financial collapse 12 months ago. EXCLUSIVE by STEVEN DOWNES £697,300 And rising… That’s how much Croydon Council says it has paid so far, … Continue reading

Posted in Brick by Brick, Croydon Council, Hamida Ali, Improvement Board, Report in the Public Interest, Robert Canning, Section 114 notice, Tony McArdle, Tony Newman | Tagged , , , , , , , , , , , , , , , , | Leave a comment

Bricking it: Buss pushes for £30m deal to buy 104 flats

CROYDON IN CRISIS: Making Brick by Brick an attractive proposition to a corporate buyer is a Mission Impossible which would defeat Tom Cruise. Croydon’s solution? A package of deals that could cost another £110m. EXCLUSIVE by STEVEN DOWNES Chris Buss, … Continue reading

Posted in Brick by Brick, Business, Chris Buss, Croydon Council, Katherine Kerswell, Urban Splash | Tagged , , , , , , , | 13 Comments

The Audit Report: Council company struck-off over admin error

CROYDON IN CRISIS: One of the criticisms of councils using public money in risky business ventures is that Town Hall staff have little experience or ability operating in private business. And Croydon’s bungling council has provided a perfect illustration of … Continue reading

Posted in Croydon Council, Jo Negrini, Report in the Public Interest, Tony Newman | Tagged , , , , , , , , , | 3 Comments

The Audit Report: Council ignored five warnings on reserves

CROYDON IN CRISIS: Complacency and ‘corporate blindness’ to the problems at the council contributed to the collapse of the borough’s finances. But Grant Thornton’s report also managed to have a dig at Jo Negrini. WALTER CRONXITE reports Grant Thornton’s Report … Continue reading

Posted in Croydon Council, Jo Negrini, Report in the Public Interest, Robert Ward, Sean Fitzsimons, Selsdon and Addington Village, Simon Hall, Tony Newman | Tagged , , , , , , , , , , , , , , | 4 Comments

The Audit Report: Brick by Brick has paid nothing to council

CROYDON IN CRISIS: The Report in the Public Interest into the financial crisis at Croydon Council includes 21 recommendations. Four of them apply directly to Brick by Brick, the loss-making house-builder which has broken multiple agreements and owes the council … Continue reading

Posted in Alison Butler, Brick by Brick, Business, Colm Lacey, Croydon Council, Jo Negrini, Report in the Public Interest | Tagged , , , , , , , , , , | 7 Comments

The Audit Report: ‘Tony Newman always has been a coward’

CROYDON IN CRISIS: More senior council figures could lose their positions as a result of the Report in the Public Interest which was released last night, as the Town Hall politicians take stock of its consequences. KEN LEE reports Half … Continue reading

Posted in Adult Social Care, Brick by Brick, Children's Services, Croydon Council, Jason Perry, Jo Negrini, Report in the Public Interest, Richard Simpson, Simon Hall, Tony Newman | Tagged , , , , , , , , , , , , , , , | Leave a comment

Council had ‘corporate blindness’ and ignored warnings

CROYDON IN CRISIS: Auditors step in with damning Report in the Public Interest over the way in which the council’s finances had been mishandled. By STEVEN DOWNES Council staff were summoned into a meeting at barely 10 minutes notice this … Continue reading

Posted in Adult Social Care, Brick by Brick, Children's Services, Croydon Council, Jo Negrini, Katherine Kerswell, Tony Newman | Tagged , , , , , , , | 13 Comments

Auditors look at legal sanctions over council’s finances

CROYDON IN CRISIS: A Town Hall committee has been told that the council was ‘in breach of financial regulations’ over its commercial dealings, as they delivered a report with 75 recommendations for improvements. By STEVEN DOWNES The resignation of Simon … Continue reading

Posted in Brick by Brick, Colonnades, Croydon Council, Croydon Park Hotel, Katherine Kerswell, Simon Hall | Tagged , , , , , , , , , | 6 Comments

Auditors discover £1.6m missing from council revenues

Things are just not adding up properly at Croydon Council, writes Town Hall reporter KEN LEE So how has Croydon Council managed to misplace £1.6million of public money? That’s the question arising from Grant Thornton’s audit of the local authority’s … Continue reading

Posted in 2018 council elections, Barbara Peacock, Council Tax, Croydon Council, Jo Negrini | Tagged , , , , , , , | 2 Comments

External auditor appointment has all the look of an inside job

Croydon Council is to appoint Grant Thornton as its new “external auditor“,  even though the accountancy firm already has such strong links inside the council in various other roles as consultants that it makes the risks of serious conflicts of … Continue reading

Posted in Croydon Council, Nathan Elvery, URV | Tagged , , , , , , | Leave a comment