Looking beyond the lockdown

By Michael Burton | 15 April 2020
  • Michael Burton

It may seem premature, if not distasteful, in the middle of a lockdown with no end in sight and coronavirus deaths yet to peak, to start planning the next financial year, but at some point there will indeed be a return to a semblance of normality – and budgets.

The bad news is that 2020/21 saw a 4.4% increase in funding from the Government with no guarantees it will be repeated, even without the virus shredding public spending. The NHS is likely to get any leftovers after the costs of the lockdown have been evaluated.

There is also concern, expressed by the Chartered Institute for Public Finance and Accountancy (CIPFA), that trying to complete last year’s local authority accounts in the current climate will get caught up in planning for next year’s budgets. CIPFA’s attempt to streamline the accounting process was abandoned after the regulators refused to play ball.

Want full article access?

Receive The MJ magazine each week and gain access to all the content on this website with a subscription.

Full website content includes additional, exclusive commentary and analysis on the issues affecting local government.


Already a subscriber? Login

Finance CIPFA Coronavirus

Coronavirus Update


In light of the ongoing coronavirus crisis, some of you may not be able to receive your copy of TheMJ magazine. If you’d like to change your delivery address, please contact our subscriptions department at customer@hgluk.com
Read The MJ for free

Keep up to date by subscribing to our daily newsletter

theMJ products