FINANCE

Finance overhaul on horizon as council optimism falters

Councils are less optimistic about coping with upcoming cuts than they were in dealing with reductions over the past six years, a report has shown.

Councils are less optimistic about coping with upcoming cuts than they were in dealing with reductions over the past six years, a report shows.

A report from the Chartered Institute of Management Accountants (CIMA) has found a number of councils are anticipating they will undertake a significant rethink of their approach to financial management in line with ‘potentially difficult' funding reductions coming in future years.

Popular articles by Thomas Bridge

SUBSCRIBE TO CONTINUE READING

Get unlimited access to The MJ with a subscription, plus a weekly copy of The MJ magazine sent directly to you door and inbox.

Subscribe

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

Login

Already a subscriber?