First hour: news review: Audit Committee for Bristol City Council (BCC)â Bundred Report â who Audits BCC; sale of Avonmouth Port for less than it was worth: Sell-off of Bristol Port â former mayor George Ferguson sold off the 2,600 acre Bristol Port sell off to Bristol Port Company run by Merchant Venturers Terrance Mordaunt and David Ord but did Bristol taxpayers get good value for money? The council sold a 150 year lease on the 2,600 acre port to Bristol Port Company for £35m in 1991 and have just sold the residual freehold for £10m, a total of £45m or about £17,000 an acre. In June 2015 the 12 acre Walon site at Bristol Port was sold for £6m, or £500k/acre suggesting the 2,600 acres of Bristol Port could actually be worth up to £1.3 billion which is about 25 times the £45m Bristol City Council was paid for the land. So did the people of Bristol only get 4% of what the Bristol Port land was really worth? George didnt remember how much the Labour council, led by George Micklewright, was paid for the 150 year Bristol Port lease (it was £35m) - BCC had to send £280,000 back to central government â it hadnt been noticed by BCC education department, there to spend on schools; Warm-Up Bristol - £7 million for homes from central government â Climate Energy was delivering the councilâs Warm Up Bristol project, which offered subsidised insulation funded by £7.3 million of central Government money. The company, which has offices in Bristol, Croydon, Motherwell and Essex, went into liquidation this week, blaming Government cuts to green energy subsidies. Academies and Care Homes going bust; PFIs; One in four executives believes corruption and bribery is rife in UK; KPMG â Auditor of banks â missed £48bn of debt â Financial Reporting Council (FRC) says its no worse than the others; information on big four large auditors - Price Waterhouse Coopers, Deloitte, Ernst & Young and KPMG; Watchdog that cleared KPMG is run... by cronies from KPMG! Is this how accountant escaped blame over HBOS?; Gerrard Peat, a partner in KPMG Peat Marwick, the leading accountancy firm, is a top Mason. He is also a past auditor to the Queens Privy Purse and treasurer of the Association of Conservative Clubs; South Africas finance minister calls for criminal probe into KPMG; Investigation launched into KPMG audit of Rolls-Royce; Here is Atul Shahs analysis of KPMGs annual report and accounts - as published last year; Labour Party Conference (LPC) â anti-Semitism â Rita Katz faking ISIS videos for the Mossad, Ian Katz destroying BBC Newsnight and now Mike Katzs pro Israeli government view on for the Labour party followed by Naomi Wimbourne-Idrissis view on antisemitism in the Labour party, from Jewish Voice for Labour; Al Jazeera and its sting operation where an Israeli offers £1m to spend inside Labour Party to influence opinion to pro-Israel; Psalms of David (Psalm 41) and socialism; LPC John McDonnells speech â automation â Public Sector pay â scrap tuition fees; Corbyn speech â housing and regeneration for benefit of local people â re-nationalisation.
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