Government urged by Leicestershire CC to ‘tackle big issues’ for local government funding
A firm grip on finances in the face of spiralling costs, is why Leicestershire County Council hasn’t hit crisis point, says the authority as it publishes a new budget plan. The four-year proposals reveal rapidly rising demand for services, and inflation, are increasing costs by £217m, compared to expected extra income and savings of £122m. […]
£4.7bn of reallocated HS2 funding to be spent across North and Midlands
The Government says millions of people in the North and the Midlands will benefit from better public transport, reduced congestion and upgraded local bus and train stations thanks to the new £4.7 billion Local Transport Fund announced today (26 February). Prime Minister Rishi Sunak and Transport Secretary Mark Harper have confirmed that the North will […]
Birmingham City Council effectively files for bankruptcy
Birmingham City Council has effectively filed for bankruptcy, according to on-going reports. The council, which has been hit with a £1bn equal pay bill, had already announced a freeze on non-essential spending. It has issued a Section 114 notice – an admission that it cannot manage its catastrophic financial crisis without help, reports ITV. In a […]