FINANCE

Reserves 'critical' at Middlesbrough

‘Critically low’ levels of reserves have left Middlesbrough Council in danger of issuing a section 114 notice.

‘Critically low' levels of reserves have left Middlesbrough Council in danger of issuing a section 114 notice.

Middlesbrough is predicted to overspend its budget by almost £12m by the end of the financial year, according to a report to senior councillors.

Martin Ford

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