Governance failures at Croydon Council
By Nicholas Dobson14 December 2020 Nicholas Dobson The struggle to make ends meet was neatly summarised by Dickens’ optimistically hapless Mr Micawber: ‘Annual income twenty pounds, annual expenditure nineteen and six, result happiness. Annual income twenty pounds, annual expenditure twenty pounds ought and six, result misery… in short you are for ever floored. As I am!’ But while individuals like Micawber are generally responsible only to themselves for balancing the budget, local authorities have an obligation to use public resources prudently. This fiduciary (trustee) duty was cl...
Source: lawgazette.co.uk
