IN a recent meeting of the Standing Finance committee it was shown there was a surplus in FIG earnings from electricity of £0.5m relating to the electricity price increase in December 2022.
To understand this figure Penguin News spoke to MLA Roger Spink, portfolio holder for Corporate Government Services including the treasury; and the Financial Secretary Tracey Prior and Head of Policy Amanda Curry-Brown.
Community
THERE’S an “economic storm” brewing in the rural sector said Chair of the Rural Business Lewis Clifton on Wednesday night.
The Public Accounts Committee (PAC) published their report into the planning and construction of Falkland College on June 20, stating “there was a lack of clear vision for the project” and as such it “raises the need for simple measures of success of stated objectives for environmental infrastructure spending so that FIG can learn for future projects.”
FOLLOWING on from last week’s story ‘Stanley prisoners’ video celebrates the good life’ this week Penguin News can reveal that a prisoner has said he was attacked by one of the San Aspiring prisoners and that the prison staff would not assist him in taking it further. The man claims he was told it would ‘go against him’ in court if he pursued it.
TWO videos taken by former inmates of the Stanley prison blatantly celebrate the easy time they had while inside.
THE Falkland Islands Government Executive Council has agreed the provision of a capital grant of up to £1m and a loan facility of up to £750,000 to support the Falkland Islands Museum & National Trust (FIMNT) to progress the development and construction of the new Lookout Gallery and Exhibition Hall. The package is designed to mitigate ongoing financial pandemic pressures, including the continued absence of international tourism.