Tuesday, 24 April 2012
From bad to worse
Another story from the Guardian's Patrick Butler details more fallout from A4e's situation. A contract awarded to the Foundation for Social Improvement, a charity set up and largely funded by A4e, has been withdrawn. Richmond council gave the £85,000 contract to the FSI for charity business skills training, but has now decided to pull out,citing the potential risks of giving a contract to an organisation so dependent financially on a company now under investigation. Butler hints that it was odd that the FSI got the contract in the first place, given that it had assets of less than £9,000 in its latest accounts. Well done to Richmond's Lib Dem leader on the council, Stephen Knight, for raising concerns.