Copeland in 'Section 114 territory'

By Dan Peters | 08 December 2021

Copeland BC is ‘heading rapidly towards its minimum level of reserves and an expectation internally of issuing a Section 114 notice,’ an external assurance review of the council’s financial position led by the Chartered Institute of Public Finance and Accountancy (CIPFA) has found.

The council was one of eight local authorities for which the Government commissioned reviews after they requested ‘exceptional financial support,’ with the latest five published today.

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Budgets and efficiency Local economies Whitehall Finance Asset management Politics Economic growth Tourism CIPFA Income generation Reserves S114 Debt governance DLUHC