FINANCE

£470m in-year budget gap at Thurrock revealed

Troubled Thurrock BC has revealed it has no way to fill its £470m in-year budget gap without a Government bailout.

article-author
By Heather Jameson | 29 November 2022

Troubled Thurrock BC has revealed it has no way to fill its £470m in-year budget gap without a Government bailout.

There is a further £184m budget gap for 2023-24, including money put aside to write down debts and interest payments.

Heather Jameson

Popular articles by Heather Jameson

  1. Children's social care reform must be more than money
  2. Finance chief exits cash-strapped council
  3. Chief rejects calls for resignation
  4. Is this the big bang revolution for public services?

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?

Heather Jameson

Popular articles by Heather Jameson

  1. Children's social care reform must be more than money
  2. Finance chief exits cash-strapped council
  3. Chief rejects calls for resignation
  4. Is this the big bang revolution for public services?
footer-logo

©2024 Hemming Group Limited. Registered in England and Wales. Registered No: 490200. VAT number GB342 023 408