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However, for future reference, I draw attention to the fact that I own 39,000 shares—which is below the mandatory reporting level—in HBOS, which was previously the Bank of Scotland. I am in receipt of a pension from that company.
How will that affect their financing in respect of transfer receipts, residual debt and so on? Again, I invite Geoff Huggins to respond to that question.
I advise members that I and my colleagues have been in regular contact with the Secretary of State for Scotland's office. We are advised that receipt of the letter is imminent; I expected it yesterday or today and we should receive it very shortly.
I advise members that I and my colleagues have been in regular contact with the Secretary of State for Scotland's office. We are advised that receipt of the letter is imminent; I expected it yesterday or today and we should receive it very shortly.
If capital expenditure were controlled only under revenue, receipts would not count and could be recycled within the local authority, as they would not be capital borrowing.Information technology is one important area in which there could be spend to save.
There is another element in the pipeline that Nicola has not mentioned: the consultation on the schools code, which is raising these issues again.I would not want to say that the SJNC has been all bad, but it has been clumsy.