Budgets
‘Tough decisions’ for Peterborough
Peterborough City Council faces ‘tough decisions’ to get a grip on its finances, according to a peer challenge report.
Notts CC will need to borrow £70m in the next year as 'debt approaches £600m'
Nottinghamshire CC will need to borrow £70m in the next year if it is to balance its books as debt ‘approaches £600m’.
Bexley withdraws capitalisation request
The council said ‘sound financial planning’ meant it would not need the extra funds to balance its books.
Time to pull the belts in and batten down the hatches – again
Tracie Langley says her task of signing off that a budget is robust has to be based on a significant confidence that savings are deliverable, which is becoming tougher when costs are increasing 'without any relationship to the consumer price index'.
Officers told to be ‘adventurous’ to close budget gap
Dorset Council’s officers have been tasked with finding ‘new ways of operating’ in a bid to close a budget gap.
Devolution is my ‘unfinished business’
Pat Ritchie is leaving her role as chief executive of Newcastle City Council after more than eight years at the helm. She talks to Heather Jameson about her legacy and what she sees as her three key achievements.
Sunderland to raid reserves
Sunderland City Council has said it will have to raid already-earmarked reserves to close a £26m funding gap next year.
Hertfordshire faces uncertain financial future
Officers at Hertfordshire CC have warned an estimated £2m budget overspend could balloon in future years with the end of government COVID-19 support grants.
Lambeth faces £8m budget gap
Unrealised savings and overspends in children’s services and homelessness have all contributed to a projected £7.95m budget gap by the end of the year.
Watchdog criticises council's slow pace of improvement
Audit Scotland found South Ayrshire Council had ‘made limited progress on key aspects of Best Value’.
Local services face £8bn funding black hole by 2024, councils warn
Council tax will have to rise by more than a quarter in the next three years to cover the shortfall in funding for local services, the Local Government Association (LGA) has warned today.
Cornwall overspend poses ‘serious financial risk’
The council is on course to overspend its budget by around £18m by the end of the financial year.
Leicestershire faces worsening financial crisis
Leicestershire CC has said factors such as COVID-19 have left it facing a worsening financial crisis.
Sheffield budget overspends 'not sustainable'
Members told financial support from the Government is needed as the authority heads for a £43m overspend.
Croydon calls for asylum support funds to stave off intervention
The council is facing the prospect of Government intervention as it grapples with a multi-million pound funding gap.
Shetland's reliance on reserves 'not sustainable'
Shetland Islands Council is expected to fall back on more than £29m from its reserves to balance this year’s budget.
Hampshire prepares for public health cuts
Hampshire CC has called for a new model for council funding as it prepares for cuts of almost £7m to its public health budget.
Liverpool targets £30m savings
Liverpool City Council expects it will have to make savings of £32.9m to balance its budget next year.
Slough to make £200m capitalisation request
Slough Council is to ask the Government for a further capitalisation direction worth as much as £200m.
Dorset to grapple with £8m budget gap
Overspends in care services have left Dorset Council facing a budget gap totalling £8.3m by the end of the financial year.
