My Labour administration supports debt cancellation…as part of a funding solution

Bristol Council Mayor has emailed us.

“I have called on national government to underwrite the true costs of the pandemic to local authorities, including lost income.

My Labour administration supports debt cancellation, including through the Public Works Loan Board, as part of a funding solution. We have also highlighted changes to the funding formula which saw Bristol and other councils lose out.

At June’s cabinet meeting, the additional pressures facing Bristol City Council were outlined: https://democracy.bristol.gov.uk/ieIssueDetails.aspx?IId=28294&PlanId=0&Opt=3#AI20568

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