With Oldham on the brink of bankruptcy, Shah demands the townsfolk pay her executives yet more money

With Oldham on the brink of bankruptcy, Shah demands the townsfolk pay her executives yet more money

Recusant Nine Transmission | 2000hrs | Monday | 26:02:24

After admitting it has been forced to allocate a further £34 million pounds of the town's dwindling reserves to balance the forthcoming year's budget, people are right to ask whether AROOJ SHAH's Oldham Council is now at risk of a Section 114 and becoming the latest Labour Party run Council to declare bankruptcy? And before someone else blames central government, remind me whose idea it was to blow over £10 million in buying a failed shopping centre during a global pandemic?

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Though Oldham Council has assured the public they are not on that cliff edge just yet, what they have been forced to confirm is that the town's reserves are now down to their final £37 million. Once, before McMAHON and his masterplans, the town's reserves was in the region of £150 million.

Council set to spend whopping £34m of reserves in order to balance its books
Oldham council will spend a whopping £34m of their reserves this year to balance the books for 2023/24.

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Raja 🙏