THE “scale of the mess” in which Labour left Glasgow’s finances has been underlined by reports that the city faces a bill of £1.5 billion,…
– including the city chambers and the Kelvingrove Art Gallery – to an arm’s length company before leasing them back.
That paper reported that the £550m loan will see service repayments of around £938m, while the less favourable rates on the later £220m loan could cost as much as £608m. A council source told the Sunday Mail: “Nobody is suggesting that the workers, mainly women, who are receiving payouts are not entitled to them, however the financial impact of this will be felt for decades.
Glasgow Council leader Susan Aitken said: “I made it a priority to put right years of pay inequality in Glasgow. I’m very proud of the progress we have made and to be nearing the end of what has been an enormous challenge.“However, if years of fighting women workers that were seeking justice was perhaps the worst thing this council has done; then I believe the effort over the past five years to bring us to this point has been among the best.
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