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Hampshire leader dismisses talk of reorganisation

Hampshire leader dismisses talk of reorganisation
lgcplus.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lgcplus.com Daily Mail and Mail on Sunday newspapers.

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Southampton City Council investment into CitizEn Energy made no net profit

Southampton City Council launched CitizEn Energy in 2018.
MORE than £190,000 worth of public money has been invested into an energy company which made no net profit and left a Hampshire council with a £86,000 budget black hole.
Southampton City Council invested a total of £192,000 into its own energy company CitizEn Energy, it has been revealed.
But according to a Freedom of Information the company never made any net profit, leaving the council face a net deficit budget of £86,500.
The authority said the deficit is offset by a saving of tonnes of CO2 from being emitted into the atmosphere and £76,000 worth of savings off energy bills within the city. ....

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