Newham Council's SPV plans called in by scrutiny committee

Stephanie Baxter

Plans to release public funds on setting up a special purpose vehicle (SPV) for Newham Pension Fund have been called in by the council's overview and scrutiny (OS) committee following concerns.

Further work and spending on the alternative financing proposal has been put on hold while it is considered by the committee. It follows the decision by the mayor Robin Wales, in consultation wi...

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