Written question asked by Lord Graham of Edmonton (Labour), in the House of Lords. It was due for an answer on Monday, 26 October 1987. It was answered by Lord Hesketh (Conservative) on Monday, 26 October 1987.

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Written question

Question

Any advice to offer London borough of Merton in respect of proposal invest #200m of ratepayers assets on Stock Exchange. - It is undesirable for any council use ratepayers funds or assets for speculative investment

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Secondary information

Type

Written question

Reference

489 c312

Session

1987-88

Subjects

Local government Local government finance Stock market Merton Council