Stories by Martin Redfern
County council doubles down on pension fund divestment position
Devon Pension Fund remains committed to fossil fuel investment despite increasingly untenable pension fund committee position that relies on unfounded shareholder influence claims and failure to understand sector position and plans.
Money for nothing
The Chartered Institute for Public Finance and Accountancy (CIPFA) closed its consultation on draft changes to the Prudential Code last month, following a preliminary consultation earlier this year. The code governs how much councils can borrow to invest and what forms of commercial activity they are permitted to pursue.
Exeter City Council approves second Harlequins “co-living” block, sealing fate of Paul Street
Previously rejected vision will now form basis of “abysmal” and “poorly thought through” Liveable Exeter development of 383 ‘units of accommodation’ with increased proportion of substandard studios but reduced economic value to city.
Public sector pay pals?
Instead of announcing the biggest council funding rise for over a decade, Exeter City Council’s press team marked budget day by celebrating Exeter’s latest quarterly YouGov popularity rating. The Paris Street PR machine forgot to mention that those surveyed need never have visited the city.