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Garden Bridge Trust inquiry: charities regulator publishes report


Nice to see the Charity Commission's reassurance that the Garden Bridge Trust has the correct financial controls in place, and Mervyn Davies makes the point that the trustees take their responsibilities seriously; this presumably explains why the initial - but remarkably hefty - financial risk seems to have been loaded onto the taxpayer, rather than the trust's donors. That £40 million of 'high forward spend' seems remarkably like 'heads we win, tails you lose' - all in a good cause, of course..

Posted date

28 February, 2017

Posted time

10:11 am


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