Councils trading debts made illegal

Title

Councils trading debts made illegal

Genre

News report; Interview

TX Date

Unknown

Year of production

1991

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Duration

00:02:20

Description

Report on Hammersmith and Fulham Council trading their debts in the City and how this act has been made illegal by the Law Lords following them making large losses. Includes interviews with council leader Mike Goodman welcoming the decision; Audit Commission Chairman Howard Davies on the importance of this act being legally defined. Male reporter not identified.

Contributors

Mike Goodman; Howard Davies

Keywords

Councils; Legal decisions; Debts; Borough councils; Hammersmith and Fulham Council

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