Posts1,029,882
Topics75,785
Members13,649
Forums65
Posts in last 24hrs12
|
Most Online14,906 Nov 23rd, 2019
|
|
41 registered members (aceritz, 3 invisible),
1,143
guests, and379
spiders. |
Key:
Admin,
Global Mod,
Mod
|
|
|
|
|
|
1
|
2
|
3
|
4
|
5
|
6
|
7
|
8
|
9
|
10
|
11
|
12
|
13
|
14
|
15
|
16
|
17
|
18
|
19
|
20
|
21
|
22
|
23
|
24
|
25
|
26
|
27
|
28
|
29
|
30
|
31
|
|
|
Re: More Council Loans!
[Re: diggingdeeper]
#1054704
17th Apr 2018 8:52pm
17th Apr 2018 8:52pm
|
Joined: Jul 2008
Posts: 13,875 Birkenhead
diggingdeeper
OP

Wiki Master
|
OP

Wiki Master
Joined: Jul 2008
Posts: 13,875
Birkenhead
|
It may be marked as reserves but it doesn't negate that they are borrowing money at a much greater rate of interest (6%) than they are lending money out at (less than 1%), it is just throwing money away.
I've said it before, if the Council wants to lend out money, bring back the Council loans and mortgages which for many years were charged at 6%, that way the Wirral residents can borrow money from the Council and the money isn't "lost" elsewhere.
Mind you the Council think nothing of giving themselves pay rises of 16% to 36%, the people need to bring them to account. The amount of money Councillors get given for what is a voluntary role is disgusting and attracts professional politicians who could struggle to get paid for the lack of skills elsewhere.
Of course we now have the Council, the Chamber of Commerce and the Business Improvement Districts working hand in pocket with each other now, rate-payers are just an inconvenience.
The further you are down the pay scale, the more 'essential' you are when the s--- hits the fan... Sue Farbysmith 2020
Insults are engendered from vulgar minds, like toadstools from a dunghill - Charles Caleb Colton
We don't do charity in Germany, We pay taxes. Charity is a failure of governments' responsibilities - Henning Wehn
|
|
|
|
Click to View Topic.
|
|
|
|
|
AQUARIUM
by lincle. 8th Jan 2021 10:47am
|
|
|
|
Toyah . .
by GaryFromWirral. 10th Jan 2021 1:39pm
|
|
|
|
|
Sunrise Sat 8:09am
Sunset Sat 4:38pm
Local Time Sat 12:50am
|
|
|