Just in from the BBC's Midlands Today special auditors have been/are being sent to assist two councils in the Midlands - Tamworth and Wyre Forest.
Our illustrious leader was featured in a pre-recorded interview, not saying much as you might expect; but this is too early for it to hit the web so no transcript as yet.
From 24dash published at 8:45 today:
Wyre Forest District Council in Worcestershire confirmed that it has been told it will be one of the first three authorities to receive help from an emergency team.From the Express and Star posted at 11:33:
But council leader John Campion said that it had not actually received a visit from the team or been told when it would arrive.
Cllr Campion said: "In response to the letter sent to the Prime Minister last week, we understand that Wyre Forest will be one of the first councils to receive advice if required. The council is always receptive to any advice which will help in recovering the £9 million investment in the banks affected."
Leader of Wyre Forest District Council Councillor John Campion said although the help was appreciated he would prefer a guarantee from the Government that the investments would be recovered.From Local Government Chronicle updated 12:19 today:
"We want a guarantee from the Government that the money will be returned.
"Private investors have been told their investments are safe but not councils.
"If we don’t get some or all of the money back we would like the Government to look at topping up the shortfall.
"It does seem as though the Government is struggling to understand the issues of local government."
Cllr John Campion (Con), leader of Wyre Forest, said: "The government has established a 'rapid response' unit to assist councils by providing external financial experts. In response to the letter sent to the Prime Minister last week, we understand that Wyre Forest will be one of the first councils to receive advice if required.As you can no doubt tell they're all quoting from the same page and you can even piece together some part of the original from where one overlaps a quote with another.
"The Council is always receptive to any advice which will help in recovering the £9m investment in the banks affected."
[Update - Damn it Tav beat me to it linking to the WFDC]