Councillor Nick Oliver of Corbridge the portfolio holder for Finance at
Northumberland County Council is also the man famed for the loss of a long established company ‘Penny Plain’ when his business planning and his desire for acceleration of the business failed.He now looks
after the Budget and Financial Matters of Northumberland County Council valued
around £1Bn in total yet he doesn’t know how to describe his most recent
failures.
Just like his counterparts
in Government who have sat there for the last eight years in office, the
copycat Oliver is continually harping on about the last Labour administrations
failures, particularly what he calls ‘Labours Black Hole’.
Today we
have decided to expose why his well known lack of business planning skills when
exposed in the Council financial sense has damaged his ability to understand
why the Black Hole is actually the ‘Tory Black Hole’, always has
been and always will be and its been caused through his failure to manage his
own Government cuts and savings package.
In the last Labour Councils financial plan 2017-2020. A savings
requirement was identified of £36 million split over the following years,
2017-2018 £6 million, 2018-2019 £20 million, 2019-2020 £10 million.
The new Conservative
administration who’s finances are managed by Councillor Oliver, presented a
plan which covered the period 2018-2022. He stated at the time that his
administration would ensure sound business planning took place for every
project they undertook.
Oliver’s 4
year plan including two of the years covered by the Labour Group administration
plan. He altered the savings plan over the two years common to both plans
from £30 million to £29.3 million.
The two years added at the
end of his plan period included further savings totalling £35.8 million.
Councillor Jackson in his budget speech spun this matter out as discovering a
black hole of £65 million left by Labour.
Councillor
Oliver of Corbridge has continually run this misnomer as fact at each and every
Council meeting he has spoken at, enhancing the knowledge to all in business
and politics that his financial skills although never high are Titanically
sinking fast.
For editors
https://www.questia.com/newspaper/1G1-115642696/nick-s-ambition-is-plain-for-everyone-to-see
http://www.thejournal.co.uk/news/north-east-news/penny-plain-pulls-down-shutters-4518727
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