17.12.20
Local Power
Thurrock council poured taxpayers' millions into energy company that used cash to set up credit business
18.11.20
Thurrock council, which borrowed millions from other councils to invest in solar energy, is now relying on government money from the Public Works Loan Board to repay its lenders
06.11.20
The case revolves around a deal for 19 solar farms between Toucan Energy Holdings, owned by Liam Kavanagh, and Wirsol, an energy business
22.10.20
The Bureau of Investigative Journalism is going to a tribunal to force Thurrock council to release key details of how it has invested huge sums of taxpayers’ money
17.10.20
Rockfire Capital, the company at the centre of the Bureau’s investigation into Thurrock council’s investment spree, has gone into voluntary liquidation just as another business owned by the same man f...
09.10.20
KPMG has refused to sign off Spelthorne council's accounts and suggested it could take the local authority to court over borrowing and investments in commercial property
10.07.20
Council has continued to invest in renewable energy but the process lacks transparency
25.06.20
Spelthorne borough council, which borrowed £1bn to spend on commercial property investments, has allowed a major tenant to put off paying millions in rent
10.06.20
After the Bureau exposed the council's risky investment strategy, Conservative councillors have voted to replace their leader
22.05.20
Thurrock council has borrowed more than £1bn from other local authorities
A business that marketed itself as an investment opportunity for local authorities has used taxpayers’ money to propel itself to the fore in the UK’s solar energy market
21.05.20
The Bureau has spent two years digging into council finances and found many had borrowed billions of pounds of public money to invest in commercial property
16.05.20
The Bureau revealed in 2018 how councils had borrowed hundreds of millions to invest in commercial property, but coronavirus has put retail parks and shopping centres under extreme strain
11.10.19
The Treasury has raised the interest rate on funding from the Public Works Loan Board after the Bureau reported that councils were using the money to invest heavily in commercial property
11.09.19
The Bureau Local sent volunteers and reporters to exercise their right to see local authority accounts, but soon found obstructions and ignorance of the law
09.09.19
Despite the Bureau revealing that Peterborough council had potentially breached guidelines on selling public assets, the government has decided to take no further action
29.05.19
A timeline giving details of when key decisions about the Grenfell tower refurbishment were made by Kensington and Chelsea council
Investigation reveals Kensington and Chelsea Council had a large pot of money that it could have used on the refurbishment, yet the budget was cut and cheaper cladding used
27.04.19
Spelthorne auditors have raised red flags about whether the £385 million purchase of a BP research site was value for money for the council
05.03.19
Our investigation reveals Peterborough Council may have used £23 million raised from selling public assets to help pay its running costs, which is forbidden under government regulations.
