BREAKING: Sean Clark, the chief finance officer behind the catastrophic investment policy which has left Thurrock Council with a near £500m budget gap, has resigned
🚨 BREAKING
@thurrockcouncil has issued a S114 notice of financial distress...
What does this mean? That it cannot balance its budget – and is effectively bankrupt ⬇️
https://t.co/YddLVye7mg
BREAKING: Government has sued PPE Medpro, the company linked to Conservative peer Michelle Mone, for the full £122m it paid under the contract for gowns awarded via the VIP lane in June 2020.
Company says it will "rigorously" defend the claim.
Thought you’d read the full story of Michelle Mone and PPE contracts? Not until you’ve read the latest from @david_conn. It’s full of extraordinary new details
https://t.co/5cTb3o7LWI
Yet more revelations about how Tory peer Michelle Mone lobbied for covid contracts - this time for a second company secretly connected to her husband
https://t.co/MYWPoQ1yk8
A representative for Mone accused the neighbours of “making up lies”, adding: “Baroness Mone does not own a home in London and does not know any neighbours in London. Baroness Mone does not live in London.” https://t.co/3SwJqHLcq0
Our Aziz Fellow @MisbahSK_ has been hired as @TBIJ’s Antimicrobial Resistance Reporter 🎉
🗣️ “I am thrilled to be continuing the Bureau’s legacy of groundbreaking reporting on antimicrobial resistance”
📢 Last night, Thurrock council's leader apologised for spending tens of thousands of pounds and three years fighting @TBIJ's requests for information on its billion-pound investment deals
3 years ago @Gareth_Davies09 spotted there was something fishy in Thurrock's accounts & asked to see the accounts. Thurrock refused & instead carried on putting a billion pounds on lame horses at the bookies. If they had been transparent this could never have happened #FOIA#foi
Latest on Thurrock disaster from @TBIJ suggests finance director ignored advice around investments. Is this the biggest scandal in local authority finances?
https://t.co/RQxuoSWESm
Perhaps the biggest scandal in the mess that is Thurrock council is that @Gareth_Davies09 has reported on the scale of investments for two years. His reporting was not only ignored but the council also spent thousands on lawyers to stop him getting at full extent of problem.
The scale of the losses at Thurrock council are jaw dropping. Full details of the shocking and outrageous investments that have led to the biggest ever black hole in a council budget revealed by @TBIJ
https://t.co/zRA3n1AvQt
BREAKING: Thurrock Council reveals £500m black hole caused by failed investments - the biggest funding gap ever reported by a UK local authority
https://t.co/2EJxMNec2M
PPE Medpro: Michelle Mone-linked firm declines to say how it would repay millions if told to do so;
Government paid £122m for PPE that was never used and is trying to recoup cash; company says the gowns passed inspection and it's entitled to the money.
https://t.co/r7KyERmBGy
More on peer Michelle Mone and HSBC report which froze accounts over “corruption” allegations relating to her links with PPE firm that she referred to government. Follows on from @david_conn’s reporting this week in @guardian