Local Authority Trading Company (LATC) for Adult and Housing Services

The London Borough of Barnet plans to establish a LATC that requires Adult Services to generate up to 90% of the £0.7m annual profit. Yet the financial viability of Barnet Group Ltd (Yours Choice Barnet and Barnet Homes) is highly questionable. This report details the flawed appraisal process, the reasons for financial instability, governance and the potential impact on service users and staff.