Return of Donald Trump could have an impact on Telford & Wrekin Council finances

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Return of Donald Trump could have an impact on Telford & Wrekin Council finances
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Donald Trump’s return to the White House could have an impact on the way Telford & Wrekin Council looks after its money, a report has revealed.

Donald Trump’s return to the White House could have an impact on the way Telford & Wrekin Council looks after its money, a report has revealed.The council’s need to operate a balanced budget means that millions of pounds are put aside in various approved bodies so that it can plan its cash flow through the year.

The papers state that the council’s policy is first and foremost to ensure its cash flow, but it also gets an investment return. Last year that was 5.1 per cent. “So, there are domestic and international factors that could impact rates whilst, as a general comment, geo-political risks abound in Europe, the Middle East and Asia.”

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