MPs chastised the council for funding an energy provider
MPs chastised the council for funding an energy provider: A Conservative MP slammed Warrington Borough Council for investing in Together Energy, which is apparently floundering in the midst of an energy crisis.
Sky News claimed a few days ago that the firm may go bankrupt by the end of January because it was looking for a financial infusion but was having no luck until then.
“Today there are reports in the national newspapers that Together Energy will be the 26th energy company to enter administration.” Speaking in the House Of Commons, Andy Carter, MP for Warrington South Said.
“That’s particularly relevant for people in Warrington because £52 million of public money has been invested in that loss-making company by Warrington Borough Council. And that has a potentially catastrophic impact on local services, were it to enter administration.”
“So can we have a debate in government time on how councils are using public money to invest in private companies and can I again urge the government to launch an enquiry into this gambling practice by local councils.”
MPs chastised the council for funding an energy provider: