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Labour face long odds in Thanet council battle

Written by Matt B · first published 30/09/2010
The Labour party (and the Liberal Democrats) face long odds if the local betting is any judge. The money seems to be on a Tory win in Thanet coming up.

At betable.com you can have a little flutter on the outcome of the Thanet elections by putting a pound on the number of Lib Dems the council will have (go on Tony, put your money where your mouth is). You can also put a pound or two on the final outcome of the council in general where the Conservatives are clear favorite to win.

Clive and the Labour party talk a good fight but they will have to do something to beat the current odds:

7 to 2 on Labour to win (£1 gets you £3.50)
6 to 1 on the Liberal Democrats to win (£1 gets you £6 if this manages to happen)
3 to 2 (roughly) on the Conservatives winning (£1 would net you just £1.50)
9 to 1 on a hung council (yes £1 would net you £9 should this happen)

Do you think that you can predict the outcome of this local election? If so are you confident enough to put a pound on?
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TDC to dump Thanet's poor to save four jobs

Written by Matt B · first published 01/09/2010
TDC to offload social housing burden

In a effort to reduce costs and take less responsibility for things Thanet District Council are offloading their council housing burden to an independent organization.

It's not just Thanet but also Canterbury, Dover and Shepway councils who have put forward plans to set up what they are calling an arm’s length management organisation to manage the joint housing stock. Apparently this will save all four councils about £1.5million over a two to three year period. read the story here.

I make that roughly £100,000 for each council each year. You could sack a few over paid consultants and make the same saving. Or you could get away with four less employees for the same yearly saving.

I'd bet the cost of disruption is bigger than the very small saving.

Just how much did we use up in one year buying the M&S building? (I believe it was £2million over value).

Rather than trying to save peanuts on untested new ideas how about TDC get their house in order first and save a vast fortune by not buying pointless property? Cutting costs by printing a bit less or by wasting less time on inefficient operations or expanding into yet another building would save the same money (or more).
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