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Telegraph : Police have billion in bank
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TOPIC: Telegraph : Police have billion in bank
#64684
BR

Telegraph : Police have billion in bank 13 Years, 6 Months ago  
www.telegraph.co.uk/news/uknews/law-and-...2bn-in-the-bank.html

So all that "bleating" about losing jobs over the last few months yet they have over a billion squirrelled away for this sort of issue.
 
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#64712
Jim

Re:Telegraph : Police have billion in bank 13 Years, 6 Months ago  
BR you do serious damage to a legitimate concern when the article refers to...

A spokesman for the Association of Chief Police Officers, said: “Like all public bodies, police forces are obliged to hold reserves against one-off events such as legal challenge.

“Policing by its nature is exposed to particular unpredictability and risk.

“It is critical to distinguish between genuine reserves and annual budgets. Most forces will expect to balance budgets at year end. Some forces may opt to build up funds to pay for planned and specific contingencies, in consultation with police authorities, and as such the level of reserves will vary between forces.”

Best Wishes,
Jim
 
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#64725
BR

Re:Telegraph : Police have billion in bank 13 Years, 6 Months ago  
Jim - I dont think any organisation has ever been sued for over 1.2 billion pounds LOL

If the public have paid tax for policing in any one year ( and we do through Council Tax ) the Police are actually lying to us as Taxpayers by putting it in a reserve account.

When I worked in Government Finance we really hated local authorities who did the same instead of spending the money on the VULNERABLE and NEEDY.

How many times do we hear the bleat from the Police " We have not got the resources" but in reality the public have paid over £1.2 billion to them which they are saving for a rainy day.

Sorry Jim - if I paid for something then only got 9 tenths of it then I would be rightfully annoyed.

Those running the Police need to spend that money on services that are owed to the general public who have PAID through their Council Tax.

The Police can keep back maybe a 100 million - but anymore is just ridiculous. Insurance covers them for most things I might add.
 
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#64732
Jim

Re:Telegraph : Police have billion in bank 13 Years, 6 Months ago  
Thanks BR, you write:

"I dont think any organisation has ever been sued for over 1.2 billion pounds LOL"

You do serious damage to a legitimate concern when the article makes clear that no single force has that amount of money.

Best Wishes,
Jim
 
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