Public sector finance expert, Rob Whiteman, has called for an overhaul of the current funding system after figures revealed council spending has plummeted by a third over the last parliament. 

Chief executive of CIPFA, Rob Whiteman, said the figures ‘will paint a worrying picture' for local authorities. ‘To survive in this tough economic climate it's absolutely right for councils to have a rigorous focus on value for money and work more effectively with the wider public sector to deliver savings for taxpayers and better outcomes for local communities.