MEDWAY CONSERVATIVES PRESS RELEASE 30.10.17
For Immediate Release
Medway Commercial Group Thriving: Medway Conservatives Welcome Successful Report to Cabinet
The agenda for last week’s meeting of Medway Council’s Conservative Cabinet included a six monthly update report on the performance and achievement of Medway Commercial Group (MCG) Limited.
The LATCO, established by the Conservative administration, has been very successful throughout its lifetime; delivering efficiencies through its responsibility for a broad range of essential services, which include CCTV Partnership, Telecare, and Out-of-Hours. The Cabinet heard that for 2017/18, MCG is forecasting a surplus of £254,000 for the financial year, benefitting the taxpayer through both the income and reduction in cost subsidy it generates for the Council.
Councillor Adrian Gulvin, portfolio holder for Resources, said;
‘I am delighted to welcome this report, and the news that MCG is well on target for the 2017/18 year. The expansion of MCG’s operations across Legal, Financial, HR, and IT work streams is something to be celebrated, and also demonstrates the kind of innovative ways of working the Conservative Group prides itself on. The flexibility of MCG allows for a quick response to every opportunity for growth, and therefore I very much look forward to seeing the company continue to expand and develop.’
For further information please contact: Naomi Collison, Political Assistant to the Conservative Group at Medway Council on 01634 332515 or firstname.lastname@example.org