Peter Hargreaves' offer to solve budget woes welcomed by mayor

Peter Hargreaves Mr Hargreaves said half the council's departments "don't do anything"

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Bristol's elected mayor has welcomed an offer by one of the city's leading businessmen to help sort out the city council's budget.

Peter Hargreaves, co-founder of the investment company Hargreaves Lansdown, said he could balance the authority's books "in a morning's work".

Mayor George Ferguson has to find £35m in spending cuts.

"I'm getting people from all walks of life coming in to help with new ideas at the city council," Mr Ferguson said.

He added: "I'd welcome Peter coming in."

Mr Hargreaves said he would like a list of all the departments in the city council and hear "all the things they're supposed to do".

"I could balance this city's budget in a morning's work," he claimed.

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