Jenrick to check councils' borrowing bids

By Dan Peters | 19 August 2019

New local government secretary Robert Jenrick will take a fresh look at councils excessively borrowing for commercial reasons, The MJ understands.

Whitehall had been eyeing a crackdown under the previous administration, with the idea of ‘further interventions’ being considered in a bid to slow the commercialisation trend.

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Whitehall Finance Local Government Association Politics MHCLG CIPFA Commercial investment Robert Jenrick