In Waltham Forest Council our members are constantly being told that the Council has to be incredibly careful with its money. Recent cuts in pay, jobs and services are all examples of how prudent the Council needs to be. However, this clip from Private Eye magazine suggests something different. Here it is alleged that the Council basically lost £9 million. At the same time they were making our own Careers Service staff redundant, closing down the Connexions Service and dismissing nearly all our Youth Service staff because the Council maintained that they could no longer afford those services due to the government decision to do away with the grants that funded those services. It would seem that they could still afford to lose all that money, probably more than the savings that they made through these cuts.