LAMBETH COUNCIL TO BORROW £360 MILLION

Lambeth council are to borrow £360 MILLION over the next three years - to help pay for their highly controversial Homes for Lambeth scheme, the redress scheme for child victims of appalling sexual abuse in Lambeth-run childrens homes and other - unspecified - "planned capital expenditure." Many observers will wonder why Lambeth did not borrow … Continue reading LAMBETH COUNCIL TO BORROW £360 MILLION

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LAMBETH COUNCIL AND THE BORROWED £19.7 MILLION – A MYSTERY SOLVED (and another Freedom of Information question by News From Crystal Palace answered)

Lambeth council have answered the mystery of where they had borrowed £19.7 million from for buyback funding for estate regeneration under their hugely controversial 'Homes for Lambeth' plans. Er - they haven't actually borrowed the money YET. A Freedom of Information request by News From Crystal Palace asked: In a council report headed estate regeneration. … Continue reading LAMBETH COUNCIL AND THE BORROWED £19.7 MILLION – A MYSTERY SOLVED (and another Freedom of Information question by News From Crystal Palace answered)

LABOUR PLAN £10 MILLION EARLY BUY-BACK OF DEMOLITION-THREATENED HOMES – AND PUBLIC WORKS LOAN BOARD SAY THEY HAVEN’T LENT LAMBETH £19.7 MILLION Estate agents being called in to let and manage properties rather than house people and families from homeless waiting list

Lambeth council are planning to spend £10 million buying up homes on the six estates they want to demolish as part of their hugely controversial 'Homes for Lambeth' scheme. The money comes on top of an INITIAL £19.7 million which the report - only published this week - reveals was borrowed back in December last … Continue reading LABOUR PLAN £10 MILLION EARLY BUY-BACK OF DEMOLITION-THREATENED HOMES – AND PUBLIC WORKS LOAN BOARD SAY THEY HAVEN’T LENT LAMBETH £19.7 MILLION Estate agents being called in to let and manage properties rather than house people and families from homeless waiting list

EXCLUSIVE: LAMBETH LOAN DEBT CLAIMS DON'T STAND UP TO SCRUTINY – (and it's £700 million they owe, not £417 million)

EXCLUSIVE: LAMBETH LOAN DEBT CLAIMS DON'T STAND UP TO SCRUTINY - (and it's £700 million they owe, not £417 million)   More than half of Lambeth council's debt of just over £700 million has been incurred when Labour controlled the borough's purse strings, News From Crystal Palace can reveal today. The figures have been obtained … Continue reading EXCLUSIVE: LAMBETH LOAN DEBT CLAIMS DON'T STAND UP TO SCRUTINY – (and it's £700 million they owe, not £417 million)