Private equity returns have collapsed as the $3.2 trillion exit crisis deepens. Why David Lloyd's sale to itself reveals an industry model that's fundamentally broken.
UK councils are under severe financial strain, with services like libraries and social care facing cutbacks. At the same time, hidden costs such as council pension fund fees are draining millions from local budgets. This article explores how austerity, rising demand, and opaque investment charges are combining to push local authorities to the brink, leaving residents to bear the impact of shrinking public services.
Robin Powell
Sep 29 min read
SUBSCRIBE
Simply provide your email address to receive our regular update.
