So how does a City Council suffering from acute spending cuts borrow £280 million? Since 2004, major local authorities have been able to borrow (mainly for capital projects) without government consent, provided they can […]
With rather odd timing, Everton published their 2016/17 Annual Report & Accounts on the weekend immediately before Christmas resulting in almost no press comment. I do hope that the Annual General Meeting on 9th January […]
The repair of the balance sheet was wholly necessary, and as Moshiri said at the last AGM “We needed a strong balance sheet, so I paid off the debts. We are now very flexible financially”.