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The East London Credit Union crashes into administration, leaving several important questions unanswered

On 11 September 2019, the East London Credit Union (ELCU), trading as the Waltham Forest Community Credit Union, collapsed into administration. Simultaneously, the UK Financial Services Compensation Scheme announced that it was stepping in to safeguard ELCU’s 5,500 members’ deposits, valued at £2.25m, and most could expect like-for-like payment within a week. The administrator, LBWF, and the East London and West Essex Guardian posted similar reassurance. In some ways, this upshot was surprising. Credit union failures are not unknown – on average, about seven go bust every year. And although UK credit union membership has increased significantly, the number of UK credit unions has declined, a... »

LBWF and fire hazards in its housing stock: residents in Cann Hall’s John Walsh and Fred Wigg towers left in danger, as Labour averts its eyes

John Walsh and Fred Wigg tower blocks in Cann Hall are 15 storey identical twins, built in the 1960s, and each containing 117 flats. It would be nice to state definitively how many people have lived there at any one time over the past decade, but nobody really seems to know, with (surprisingly) official estimates ranging from 230-ish to 700. In 2011, Fred Wigg residents suffered a terrible fire, which saw two dozen people trapped as firefighters fought the flames. Subsequently the whole block was evacuated to temporary accomodation so that repairs could occur. Given such a dismal history, and of course the June 2017 tragedy on the other side London at Grenfell Tower, it might be expected tha... »

A new outbreak of sectarianism in the Town Hall?

As this blog has reported previously, some councillors in Waltham Forest seem to find avoiding sectarianism, whether national or religious, rather difficult. Now news emerges of what appears to be a further example of this unpleasant phenomenon. Annually, LBWF celebrates a variety of nation days, normally with a reception and flag raising ceremony. The 14 August is Pakistan day, and this year, it was marked in the normal way. However, during the reception (which was chaired by Cllr. Liaquat Ali and attended by the Mayor), events took a somewhat unusual turn. For, at the instigation of the experienced and senior Labour Councillor, Masood Ahmad, it is reported, the proceedings were interrupted... »

Love amongst the Leaders: Councillors Clare Coghill and Simon Blackburn

For the past few months, Labour members in Waltham Forest have been agog about the evolving private life of their supremo, Cllr. Clare Coghill. Now Cllr. Coghill has set the record straight, posting that she is happily embarked upon a relationship with the Leader of Blackpool Council, Simon Blackburn. People of goodwill from across the political spectrum will no doubt join this blog in wishing the couple well. Nevertheless, the story is not without its entertainments. Three pieces of background information are essential. Cllr. Blackburn, most appropriately, is an ardent fan of Blackburn Rovers football club. Near neighbours Blackpool and Blackburn football clubs are bitter rivals. And one de... »

Fire safety in Waltham Forest: Cabinet portfolio holder for housing, Cllr. Louise Mitchell, responds but fails to convince

Following on from this blog’s earlier post about fire risks at LBWF’s Goddarts House in Walthamstow, the East London & West Essex Guardian has published a related story, which includes a response from Cllr. Louise Mitchell, Cabinet portfolio member for housing: www.guardian-series.co.uk/news/17824818.man-handed-eviction-notice-raising-fire-safety-concerns-council/ Much of what Cllr. Mitchell tells the paper consists of predictable platitudes about putting residents first, etc., but she also makes more specific points which seemingly are aimed at disarming her and the council’s critics. First, she observes that the annual Fire Risk Assessments (FRAs) of council housing facilit... »

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