6 February - Another Bexley council business venture founders. Top pay is essential to attract the best brains
The vanished council report on the financial disaster unfolding at the Bexley Heritage Trust
has resurfaced and may currently be inspected
on line again.
(Click for PDF.) It allows yesterday’s blog based
on the Trust’s accounts to be balanced by Bexley council’s view on the affair.
The Trust is essentially part of Bexley council…
…so ultimately Bexley council is responsible for it. Like the Thames Innovation Centre it makes
insufficient money and requires massive loans. More than five times as much as the TIC.
There is no way the Bexley Heritage Trust can pay. Fundamentally it is broke.
The Heritage Trust admitted it couldn’t fulfill its agreement with Bexley council…
…and Bexley council rolled over.
The loan repayments remain suspended. The council tax payer foots the bill.
Who is responsible for not foreseeing the pear shaped obstacle on the horizon?
That well known quarter of a million pound family money sucking machine,
Mr. & Mrs. Peter Ellershaw. Mrs. being better known to council staff as Antonia Ainge.
Two heads do not appear to be better than one in the decision making department
of Bexley council but they don’t do so badly when it comes to pocketing the
taxpayers’ cash. Do you remember what the leader of the council said to the press when
justifying almost the highest local authority pay rates in Britain?
Ironically
the cabinet member who is overseeing this massive cockup is the same one who
kyboshed the 2,219 signature petition against excessive salaries. The lamentable Don Massey.