Has our Electoral Officer messed up again?

EDW comment:

I’d like to thank Mark Williams but I cannot. As we will be away for the European elections we applied for a postal vote. We had a letter on Tuesday from MW graciously allowing us our democratic right and saying that voting papers will follow.. Today’s post was the last opportunity but no voting papers have arrived. Thus we have been deprived of our vote. It seems that in his case past performance is a guide to the future! I wonder who will blame this time?”

Swire’s choice for PM (Dominic Raab) “Pockets £73,000 In Donations From Financiers Linked To Tax Havens”

No surprise then …

“Tory leadership favourite Dominic Raab has netted £73,000 in donations from financiers linked to tax havens.

The no-deal Brexit advocate, who is thought to be eyeing a run at the Conservative Party’s top job, has pocketed more than £127,000 since January, the MPs’ register of interests reveals.

The donations include £29,000 for a staff member in Raab’s office from the IPGL hedge fund, which is owned by ex-Tory treasurer Michael Spencer. Spencer’s hedge fund was named in the Paradise Papers in connection with a subsidiary based in Bermuda.

Spencer was nominated for a peerage in 2016 by then prime minister David Cameron, but the Cabinet Office reportedly blocked the appointment over the role of his private equity firm ICAP in the rate-fixing Libor scandal.

Private banking group Arbuthnot donated £44,000 to Raab’s office. The bank’s owner Henry Angest is also named in the Paradise Papers in connection with a subsidiary of his bank based in Barbados. Overall, Angest has donated nearly £7m to the Conservative Party. …

Richard Brooks, co-founder of the pro-second referendum group For Our Future’s Sake, added: “Dominic Raab is the epitome of the Brexit elite.

“Well-cushioned and isolated from any of the impacts his disastrous policies would bring. Nobody voted in 2016 to turn Britain into a deregulated tax haven but that is just what so many now pushing hard for a no deal Brexit want.”

In recent weeks, Raab has also received £10,000 each from Carpetright owner and Vote Leave donor Lord Harris and from Dominic Burke, chief executive of insurance firm Jardine Lloyd Thompson (JLT).

In March, Raab received £20,000 from Toby Ward, the head of JLT subsidiary Hayward Aviation, and £6,480 worth of communications advice from Melior Advisers.

All of the donations were declared in line with parliamentary regulations. …

https://www.huffingtonpost.co.uk/entry/dominic-raab-tax-havens_uk_5cd45169e4b0796a95d82002

Local Enterprise Partnerships being better held to account? Not really

No evidence so far … Although LEP control is mostly with DCC, EDDC has an LEP role. Now we have a different councillor mix at EDDC we might get some answers about our LEP’s finances …..

“The National Audit Office has reported a significant improvement in the financial transparency of England’s Local Enterprise Partnerships (LEPs) after section 151 officers were given extra responsibility for ensuring that key data is publicly available.

But the public-spending watchdog has warned that the Ministry of Housing, Communities and Local Government’s unwillingness to evaluate the impact of the £9bn in Growth Deal funding channelled through LEPs since 2015 means it is unable to learn lessons on what has worked well. A total of £12 bn is committed to the fund by 2021.

Set up to drive economic growth as part of coalition government reforms introduced from 2011, there are now 38 LEPs in England, tasked with bringing together business and political leaders in a patchwork of sub-regional areas.

In its first report on their progress for three years, the NAO found a leap in the level of openness displayed by the partnerships, following concerns about financial transparency levels explored by the Ney Review, in 2017.

The NAO said that in 2016 only 13% of LEPs published financial data such as salaries on their websites, while only a third published their annual reports online.

As of February this year, 84% of LEPs were publishing their annual reports online and all gave financial information on the projects they funded.

The NAO said the improvements had followed an MHCLG and CIPFA drive to “set out stronger expectations” of the role of section 151 officers in assuring good financial governance of LEPs.

Section 151s now sign off monitoring information reported to the department.

Sign-off is also required for local assurance frameworks that confirm a LEP’s governance arrangements.

The drive came after the Ney Review’s 17 recommendations and is one of a series of initiatives addressing its findings.

Despite the improvements in transparency, the NAO report said MHCLG’s ability to make the most of opportunities presented by the UK Shared Prosperity Fund – created to replace EU economic development funding post-Brexit – would be hampered by its lack of understanding of LEPs success with the Growth Deals.

“We have previously reported that the department opted not to set quantifiable objectives for Growth Deals, including, for example, the number of jobs created,” it said.

“The absence of robust evaluation means the department and LEPs are less able to learn from what has worked well and ensure that this is reflected in the design or objectives of the new UK Shared Prosperity Fund.”

The report observed that that there was an “inherent tension” in the government’s need to develop a system of governance for a finance model that devolved funding and new responsibilities to ad-hoc business-led partnerships.

“While the assurance framework is stronger, backed up by checks on compliance, it is not proven yet whether these measures will be effective in detecting and responding to governance failures over significant sums of public money,” it said.

“The department’s accounting officer is accountable for the Local Growth Fund delivered through LEPs.

“However, the department has made no effort to evaluate the value for money of nearly £12bn in public funding, nor does it have robust plans to do so.

“The department needs a grip on how effectively these funds are used. It needs to act if it wants to have any hope of learning the lessons of what works locally for future interventions in local growth.”

Public Accounts Committee chair Meg Hillier said MHCLG had to ensure that huge sums of public funding were not wasted as it presses ahead with its devolved approach to delivering economic growth.

“It is too early to tell if the ministry’s remedial actions will get its governance up to scratch,” she said.

“Worryingly, the ministry also does not know if the funding is being used effectively to benefit local communities and businesses as intended.”

Last year the PAC called on MHCLG to implement the Ney Review recommendations and strengthen transparency and governance arrangements at LEPs following failings at the Greater Cambridgeshire Greater Peterborough LEP.

Concerns included the LEP’s relationship with local developers, and how it managed conflicts of interest. GCGP LEP went into voluntary liquidation in December 2017 after the department withheld funding from it.

This week’s NAO report notes that MHCLG “acknowledges that it cannot mitigate entirely the risk of a failure similar to the GCGP LEP”.

Boosted s151 officer role ‘significantly improves’ LEP transparency

“Low reserves aggravate Hertfordshire £90m funding gap”

County councils are at breaking point but most councils are operating on very low reserves these days:

“Hertfordshire County Council is facing a funding gap set to grow to £90m in four years’ time, with plans in place expected to account for half of the shortfall, according to a financial update prepared for senior leaders.

A report to next week’s meeting of the authority’s cabinet says costs of delivering services are expected to rise by £140m by April 2023 while income will only rise by £50m over the same period.

The county’s senior finance team is bringing forward the timetable for producing the integrated plan that informs the annual budget by “many months” so the council can “enhance its approach” to financial planning.

At £57m, price-inflation pressures are the biggest component of the £140m increase, followed by £42m anticipated for disability services related to “population growth”.

Vital service investments estimated to cost £24m and “legislative pressures” described as mainly related to the National Living Wage contribute the final £17m.

The report said that while Hertfordshire had successfully made significant savings of around £315m since 2010, it was “approaching a point where further efficiencies were increasingly difficult to deliver”.

Costs associated with the ageing population – Hertfordshire is on course to see the number of residents aged 85 and above rise by 137.5% over the next decade – were cited as an area where meeting rising demand was particularly challenging.

The report also noted that the county’s reserves were comparatively low when measured against peers. …”

http://www.room151.co.uk/resources/low-reserves-aggravate-hertfordshire-90m-funding-gap/