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The condition of England’s local roads has been branded “a national embarrassment” amid confusion over how councils are spending taxpayer money on maintenance and fixing potholes.A damning report from the Public Accounts Committee  called out the Department for Transport  for not taking its responsibilities and use of public funds on local roads “sufficiently seriously.”It found billions of pounds each year is going to councils, but given the money is not ring-fenced, ministers have no idea how it is being spent.The PAC also concluded there is a lack of data covering the condition of local roads, while there is suspicion local authorities may be doing “just enough” maintenance work to keep routes from being rated red, the category used when repairs are required.“Alarmingly, however, not only is the state of our local roads on the downslope, our inquiry","market":"fut","thumbnail":"https://www.cityam.com/wp-content/uploads/2025/01/pothole.jpeg?w=824&h=463&crop=1","type":0,"news_type":0,"thumbnails":["https://www.cityam.com/wp-content/uploads/2025/01/pothole.jpeg?w=824&h=463&crop=1"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.cityam.com/government-unclear-on-where-taxpayer-money-to-fix-potholes-has-gone/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"cityam_highlight","symbols":["BK4174","DFT","PAC"],"gpt_icon":0},{"id":"2467770238","title":"SCHD's 5 Worst Dividend Stocks You Can Buy Today","url":"https://stock-news.laohu8.com/highlight/detail?id=2467770238","media":"seekingalpha","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2467770238?lang=en_us&edition=fundamental","pubTime":"2024-09-13 23:59","pubTimestamp":1726243156,"startTime":"0","endTime":"0","summary":"That's fine. How about generations of investors, far more successful than myself, who all drive home the same point. The memory lane of value investors stressing the importance of price. Let's go down the memory lane of value investing quotes, stressing the importance of the price you pay.    The intelligent investor is a realist who sells to optimists and buys from pessimists. - Ben Graham  Price is what you pay, value is what you get. - Warren Buffett  Value investors know better: They understand that the future price of a stock depends on the present price they pay for it. - Seth Klarman  No matter how wonderful a business is, it's not worth an infinite price. - Charlie Munger  Risk comes from the price you pay. It's more about what you pay for an asset than the asset itself. - Howard Marks  All intelligent investing is value investing — acquiring more than you are paying for. 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