Keeping risk away

By Kirsty Stanners | 25 May 2022

New proposals that would give the Government greater powers to take action against councils who have excessive risk to their financial stability have been included in the recent Levelling Up and Regeneration Bill

The intent is to provide the Government with the ability to take targeted and precise action where it has concerns, without the need for further reform to the Prudential Framework as a whole.

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