Government launches MRP crackdown

By Mark Conrad | 30 November 2021

Councils will be prevented from using capital receipts to replace minimum revenue provision (MRP) under plans to improve local government debt management, Whitehall officials have revealed.

A consultation published by the Department for Levelling Up, Housing and Communities (DLUHC) today also features plans to ensure councils charge MRP on debt across all appropriate assets.

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Whitehall Finance PAC District Councils Network Debt Consultation DLUHC