‘Bristol Energy has gone, will it pull the mayoral system down with it?’
Former councillor and vice chair of the Audit Committee Clive Stevens argues the lessons learned from the Bristol Energy saga is another example of how the mayoral system isn’t working for Bristol.
Damning report condemns council's ‘inadequate’ decision-making process for Bristol Energy
External auditor Grant Thorton said Bristol City Council was not properly informed before investing extra money into Bristol Energy. The information the cabinet received also "did not clearly state the risks" and was "out of date", they add
£37.7 million later: Council announces sale of debt-ridden Bristol Energy
The announcement comes after Labour councillors last week blocked an inquiry into the saga, which has cost the local authority millions.
Bristol Energy inquiry blocked by Labour councillors
There will be no independent inquiry into why Bristol City Council continued to pump millions of pounds into debt-ridden firm Bristol Energy.
Analysis: How £35 million of public money was ‘lost' to Bristol Energy
Old Sparky, Private Eye’s energy specialist, dissects what went so wrong for Bristol’s energy company in this long read special
Good money after bad? Bristol Energy’s spiralling losses
Market conditions have been killing off small private energy suppliers up and down the country. Bristol Energy is by no means immune and keeps on tapping council tax payers for more money in the wake of huge losses – so is it time the council-owned firm was wound up?