Category: Public Finance

Public Finance reports that Hackney council has warned that its funding gap could be as high as £19m this year, due to the cost of emergency coronavirus measures. Council forecasts suggest that funding will cover less than half of front-line funding. The borough is expected to receive £17m from thegovernment's emergency support fund, but emergency … Continue reading Hackney funding gap could hit services

Public Finance magazine has reported that the leaders of all six Oxfordshire councils have warned that the fallout from the coronavirus pandemic could leave some “financially unsustainable”, and urged the government to provide more funding. The county's council leaders and MPs have written to the government warning that without extra funding to cover shortfalls, authorities … Continue reading Some authorities could become ‘financially unsustainable’ due to pandemic