FINANCE

Section 114 notice issued for Thurrock

Thurrock Council’s interim director of finance, Jonathan Wilson, has issued a section 114 notice as the authority faces a £470m in-year funding gap.

Thurrock Council's interim director of finance, Jonathan Wilson, has issued a section 114 notice as the authority faces a £470m in-year funding gap.

The notice, which indicates Thurrock will not be able to deliver a balanced budget from within existing resources this year and into next, means the council has to stop all but the essential spending needed to provide vital services to residents, pay staff and meet its legal duties.

Dan Peters

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