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Government expected to grant £54m capitalisation direction to Havering

Havering LBC has staved off the threat of a section 114 notice after the Government said it was minded to grant its request for a £54m capitalisation direction.

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By Martin Ford | 29 February 2024

Havering LBC has staved off the threat of a section 114 notice after the Government said it was minded to grant its request for a £54m capitalisation direction.

The council has admitted it may need to apply for a second capitalisation direction in a year's time to shore up its 2025-26 budget.

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Martin Ford

Popular articles by Martin Ford

  1. Council issues formal complaint over public interest report
  2. Councils call on Government to 'back up its rhetoric' on devolution
  3. Homelessness surge driving councils' housing costs
  4. The devo debate
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