National News

Exeter Labour Council running out of credit

Your favourite Council cuts on a postcard please because we are now in it together! Labour's chickens are coming home to roost, and their leader, Pete Edwards, is in a flap. He is asking residents where to make cuts to save money. Try this, Pete. How about not spending £57000 on a consultation trying to pin the blame on the government. Perhaps look at the latest taxpayer funded Citizen newspaper headlining £750000 on a running track. How about not blowing the Council's assets and then spending £35 million pounds of borrowed money the Council never had, which has turned an annual investment income of £1.3 million in 2008 to an annual debt cost of £2.3 million in 2015. This switch is about £3.6 million per year off the services we used to enjoy, not far off the amount Pete wants us to find for him now.

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