Council bid to breach accounting rules

By Martin Ford | 17 February 2020

A request to the Government for a capitalisation direction has been made by Peterborough City Council.

Permission to use £8.9m of capital funds to cover revenue costs, which would normally breach accounting rules, is being sought following a transformation drive at the council that includes restructuring and voluntary redundancies.

Want full article access?

Receive The MJ magazine each week and gain access to all the content on this website with a subscription.

Full website content includes additional, exclusive commentary and analysis on the issues affecting local government.


Already a subscriber? Login

Finance MHCLG Transformation Budgets Redundancies

Coronavirus Update


In light of the ongoing coronavirus crisis, some of you may not be able to receive your copy of TheMJ magazine. If you’d like to change your delivery address, please contact our subscriptions department at
Read The MJ for free

Keep up to date by subscribing to our daily newsletter

theMJ products