LBC/IRN · London Broadcasting Company

Title

Ruling in the Hammersmith and Fulham money market gambling case

Genre

News report; Interview

TX Date

3 Nov 1989

Year of production

1989

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Duration

00:03:04

Description

Oni Bhattacharya reports on the High Court ruling that Hammersmith and Fulham Council acted illegally by gambling on the money markets with ratepayers money. Includes Cliff Nicholson of the Audit Commission, which brought the action, on the wider implications of the ruling for all local authorities; Irene Dorner of the British Bankers Association on a possible appeal by the banks. For Brian Widlake show.

Contributors

Cliff Nicholson; Oni Bhattacharya; Irene Dorner

Keywords

Local authorities; Legal decisions; Banks; Share dealing; Audit Commission; High courts; Hammersmith and Fulham Council

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