A MICKEY MOUCHEL ORGANISATION!

 More good news for Oldham. Mouchel, the company behind the Unity Partnership, to whom our beloved Council has been hiving off ever greater chunks of the running of the town, is reported to be having financial problems. It could only happen in this town. We have a Council with no money, will, ability or ambition to run the everyday business of a Council handing over our Taxes to a company that has £180M of Bank debt. In October, Mouchel announced losses of over £14.7 million and has been forced to reduce its staff by 2,000 across the country. Mouchel's bankers, Barclays, RBS and Lloyds have called in accountants Deloitte to examine the company's books, triggering worries over Mouchel's financial standing.Shares in the company have fallen 70% since the start of the year.
The share price is currently 76.5p valuing the company at £85.9M Not much to back up the bank debt there.

Now the ineffable Councillor MadMan, leader of the Labour group which appointed  the Chief Executive who signed Oldham up to a 12 year agreement with this company, says we should delay transfering further Council services to the partnership  Councillor MadMan, said: “First we have had to agree a bailout to stop losses following the failure of Mouchel to bring in the promised new work. “We then had Oldham’s call centre moved to Rochdale, and have been forced to accept a shared management team with Rochdale to save money.” So, effectively, we are paying money, to save money, to a company that is losing money! Oh, by the way, this money we are talking about is your money. It's your council tax, or what's left of it after the council have dipped their stickies in it.
The Unity partnership already provides the Access Oldham contact centre, some finance, highways, property and IT services, and is due to take over the council’s human resources, credit control, and some accounts functions, highway management and more customer services next year. Fuck me!! Stop these bastards immediately. If we don't and the useless tossers go under we will probably have to sell the town to cover their debt.
A spokesman for Mouchel says: " We are continuing to demonstrate our commitment to Oldham, most recently with the announcement that we will be bringing 65 new jobs to the borough next year.” This is due to the fact that they have had to close their Liverpool operation and bring the jobs to Oldham to save money. Cynical? Moi?

YOU WERE WARNED.....IT'S NOT TOO LATE TO SAY.....NO !!