FINANCE

One in seven town halls report 40% shortfall

Two-thirds of councils have already experienced revenue shortfalls of up to 20% since the recession, while one in seven town halls is struggling with shortfalls of up to 40%, a shock new study by consultants has revealed.

Two-thirds of councils have already experienced revenue shortfalls of up to 20% since the recession, while one in seven town halls is struggling with shortfalls of up to 40%, a shock new study by consultants has revealed.

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