FINANCE

Finance warning amid growth fears

Pressures on local government could become more acute amid fears of ‘lacklustre’ growth, sector experts have warned.

© Talaj / Shutterstock.com

Pressures on local government could become more acute amid fears of ‘lacklustre' growth, sector experts have warned.

In the spring statement later this month, Britain's independent forecaster, the Office for Budget Responsibility (OBR), is expected to reveal downgrades to growth forecasts, which it has reportedly warned will wipe out chancellor Rachel Reeves' £10bn headroom – spare money against her spending plans.

Popular articles by Joe Lepper

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?