Candidate gets job as Woking chief executive but council refuses to ratify it for now
The former council leader said the delay could deter anyone from applying to work for this complete shambles
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The council could not agree on ratifying the appointment at its meeting (Image: Surrey Advertiser)
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A RYDE businessman has slammed the sale and subsequent re-purchase of St Thomas Church as an outrageous waste of public money . St Thomas Church was sold by the Isle of Wight Council three years ago for £75,000 but is now being brought by Ryde Town Council for £200,000. George Cullen believes a better deal should have been negotiated, especially during the tough economic climate and limited interest from other buyers. He said: I just cannot understand how the church has increased in value by £125,000 in just three years. It represents a total waste of public money. The individual who purchased the historic Grade II Listed building in 2017 before selling it on again has more than doubled his money on the purchase.
Government moves to rein in Kent councils commercial property deals
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Updated: 08:26, 16 December 2020
Customers shopping in the Wickes DIY store in Gravesham are unlikely to know that they are doing so on a site acquired by the council for £8.5m two years ago.
While it might seem odd, commercial acquisitions have, for many authorities, become a way of balancing the books and raising income in the face of dwindling government grants.
A Wickes store. Stock picture: Google Street View
But coronavirus and the two national lockdowns have left many councils contemplating the likelihood of income they expected from property - notably in the retail sector in the form of rents and leases - not matching their forecasts.