Friday, September 29, 2023
Friday, September 29, 2023
HomePet NewsDog NewsFailed Liverpool Council real estate business was 'a dog's breakfast' declares ex-Assistant...

Failed Liverpool Council real estate business was ‘a dog’s breakfast’ declares ex-Assistant Mayor


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A previous assistant mayor of Liverpool has actually branded a real estate business admired by the previous Mayor and guaranteed to provide 10,000 brand-new houses as “a dog’s breakfast.”

Almost 5 years after introducing Liverpool Foundation Homes, to “radically reshape” the city’s real estate market, Liverpool Council moved the business into voluntary liquidation in 2015. A choice was taken by the council’s cabinet in October to wind down the operation that established simply 18 homes.

In a significant launch back in 2018, then Mayor Joe Anderson said the brand-new ‘Foundations’ business would provide 10,000 homes throughout the city, sustained by an approximated £500m financial investment program. There would be a concentrate on building houses for foster households, the elderly, individuals with impairments and the homeless as part of an ‘ethical’ real estate business.

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It had actually been explained already Mayor Anderson as the most amazing policy of his time in workplace. Consigning the business to history in 2015, Deputy Mayor Cllr Jane Corbett, said the business was “no longer a viable proposition.”

The failure of the business was talked about by members of the city board’s business governance sub-committee last night. Cllr Joe Hanson, a previous assistant mayor to Joe Anderson, was scathing in his criticism of how Foundations was run.

He said: “I’m completely shocked at the lack of oversight. I work in the private sector, that’s normal practice there.”

Despite his anger, Cllr Hanson said the blame for the failure of the business lay with officers instead of chosen authorities. He said: “What were the executives doing? Clearly they were not doing anything.

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