FINANCE

Northampton undervalued housing stock by £86m

Northampton BC undervalued its housing stock by £86.7m, contributing to a delay of more than a year in completing its accounts.

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By Martin Ford | 31 January 2019

Northampton BC undervalued its housing stock by £86.7m, contributing to a delay of more than a year in completing its accounts.

An external audit by KPMG of the council's accounts for 2016/17 has this week finally been approved by councillors.

Martin Ford

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Martin Ford

Popular articles by Martin Ford

  1. Ombudsman calls for more powers
  2. Call for courage over failing council finances
  3. Government will 'not hesitate' to intervene in planning
  4. MPs sound alarm on SEND deficits
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