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.
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