LOBO loans. Wirral Council plunged the people of Wirral, our kids and grandkids into £295 million of foreseeable, avoidable debt. We objected in 2016. Grant Thornton’s response has just arrived!

February 2021 update

The sum outstanding has reduced to £202 million.


This bid to highlight the fact that Wirral Council plunged its citizens into £295 million of debt – which is finally paid off in the year 2078 – and have it investigated by the courts eventually FAILED. Why? Because we didn’t have the money needed to pay a highly-qualified legal team. This would have been required to pursue it and expose the dishonest council and their deceitful auditors.

Ourselves, our kids and our grandkids will be forced to bail them out.

The captured Wirral Globe and Liverpool Echo are obediently staying silent on it.

And just to rub it in a little more, our council tax pays the allowances and expenses of the councillors / the fees of the auditors and helps them to keep one step ahead of any accountability.

Wirral In It Together

YEP! We’ve received the Grant Thornton response to our August 2016 qualifying objection, which arrived a couple of weeks back signed by their Director John Gregory. Attached to his email was a 13-page Decision and Statement of (alleged)Reasons.

We’d originally asked for a public interest report to be drawn up and for a High Court acknowledgment of Wirral Council’s failings to be produced. These were perfectly reasonable requests given the long and abject history of failure. A failure which had been replicated right across the country by hundreds of councils ‘during the good times’. Ha.

There then followed some to’ing and fro’ing. The decision had been stamped with an unsightly “Commercial in Confidence”; an attempt at trashing the valuable concept of openness and transparency.

We wanted to publish it. They wanted to conceal it, claiming it was a letter to us (and not the Wirral Public) and…

View original post 670 more words

About Wirral In It Together

Campaigner for open government. Wants senior public servants to be honest and courageous. It IS possible!
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4 Responses to LOBO loans. Wirral Council plunged the people of Wirral, our kids and grandkids into £295 million of foreseeable, avoidable debt. We objected in 2016. Grant Thornton’s response has just arrived!

  1. Pingback: We lodged a qualifying objection about £295 million of Wirral Council LOBO loan debts FOUR years ago. We got our final response from Grant Thornton today … 1,511 days later | Wirral In It Together

  2. Pingback: Petition · Wirral Borough Council : Keep The Williamson Art Gallery Open. · Change.org | Wirral In It Together

  3. Pingback: Our letter to Wirral Council’s captured auditor Robin Baker at Grant Thornton when he told us his findings were confidential and revealing them would break the law | Wirral In It Together

  4. Pingback: Concerns about a £1 million deficit in Wirral council’s finances. | Wirral In It Together

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