North East London hyperlocal portal Friday 25 May 2018

Blog politics
LOBOs “Newham to save up to £94 million on its debt portfolio”

17 Feb 17

Well I never.

Hot off the press. I will ask for further details (it is inaccurate in some respects) but I am really happy that it appears that some of the problems with LOBOs can be sorted. “Newham Council could save up to £94 million in future after the council’s Cabinet today (Thursday 16 February) agreed to restructure its market debt with a major high street bank. The decision enables the council’s director of financial sustainability to strike…

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