The worst run city in Britain

Think your town is badly run? Edinburgh's farcical plans to build a tram system have to take the biscuit for the most money wasted by a council anywhere in the UK.

A new competition. This one is for the most incompetent town council in the UK. After careful consideration, I'm going for Edinburgh. You might think this is just because I live in Scotland and almost everyone thinks it impossible for any town to be as badly managed as their own let's not forget that up to £10bn a year is wasted by the nation's useless councillors. But I do think there is a good case to be made here.

Why? The trams.

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Merryn Somerset Webb
Former editor in chief, MoneyWeek