Government crackdown on capital spending

By Mark Conrad | 16 May 2022

Councils face fresh restraints on capital spending under Government plans to lessen borrowing risks.

As part of Whitehall’s initiative to improve local government’s financial sustainability, the Department for Levelling Up, Housing and Communities (DLUHC) will be handed further powers to intervene in cases where it believes there is ‘excessive’ risk attached to capital borrowing.

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Whitehall Finance S114 DLUHC