
Croydon Council in London effectively declared bankruptcy three times in two years. It owed £1.3 billion, which has impacted services and its budget going forward. Elected mayor Jason Perry blamed a host of factors for the problems faced by constituents as a result of this issue, including a lack of local government transparency. He said: “The previous administration has left a legacy of unprecedented financial mismanagement, toxic bad debt and a lack of governance and transparency that shames Croydon and continues to have a long-lasting impact on the sustainability of our council.” If there had been more transparency over the […]