London Corporation Facing Financial Crisis ; Authority Steels Itself for Drastic Cost-Cutting Purge
Evening Standard - London › March 10, 2005
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Summary
BRITAIN'S oldest local authority, the Corporation of London, is facing one of the deepest financial crises of its 1000-year history.
The Corporation - responsible for the City, the Thames in London and large swathes of the green belt - has warned that it is rapidly running out of money.See the full content of this document
Extract
London Corporation Facing Financial Crisis ; Authority Steels Itself for Drastic Cost-Cutting Purge
Council members have been told to "steel themselves for some very difficult decisions" or face a potentially disastrous cash crunch.
The sh...See the full content of this document
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