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Question by:
Eric Ollerenshaw
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Meeting date:
28 April 2004
Without wanting to appear a damp squib, I just find it an incredible cheek of you to arrive here and announce to us the `good news' that you have been allowed to borrow £400 million from your Labour Government. If I remember rightly, you used to go round giving great speeches about the glories of the Greater London Council and how it never borrowed but made it all from revenue. Over the last few weeks you have pushed through a budget in low single figures, lower than you have ever done, by raiding the reserves, raiding the underspend and not...