By Neil Speight
4th Feb 2021 | Local News
THURROCK Council may have to change its controversial borrowing strategies again a parliamentary watchdog responded to a move by the Chartered Institute of Public Finance and Accountancy (CIPFA) which is concerned about the way councils are playing the money markets.
After being stung with a couple of investments that have soured, Thurrock Council has already downsized its borrowing to invest strategy which at one point saw it in debt by more than £1 billion pounds and courting national concern following a story broken by Thurrock Nub News in January 2020.