I’ve watched it. A complete mishmash with coronary heart tugging highlights. Sensational “journalism” at its worst. I felt the the Down’s syndrome folks have been used (and I exploit the phrase advisedly) shamefully.
Only a few ideas…
1 – Someway inexperienced councils have been let off the leash to take a position a whole lot of thousands and thousands with no oversight. Who’s accountable, the “empowered” idiots or those who recklessly empowered them?
2 – How and why is the Council bankrupt? On an working foundation the’ve misplaced the earnings from a +/-£200M funding, that’s all, What was the projected ROI, +/-5% – ie 10M? That’s their true annual deficit. However how a lot has the rise in rates of interest impacted the price of servicing the borrowing of the whole funding? Simply asking 
None of that is easy stuff and it pisses me off when it’s offered as such. Shitty journalism.
3 – Lastly, if Liam Kavanagh didn’t lie (not like all Tories politicians) or mislead (ditto) and offered legitimate and verifiable knowledge upon which buyers may decide (albeit a silly one) he can spend his cash on no matter he likes. He’s both damaged the regulation and ought to be pursued or he hasn’t and shouldn’t be pilloried on the holier than thou 
BBC.
IMHO that is misreported, over simplified, tabloid bullshit. Pathetic wanabe investigative reporters. The BBC ought to do higher.
