Minister claims councils' financial issues due to investments

By Martin Ford | 23 February 2021

Commercial investments rather than a lack of central funding is at the root of councils’ financial woes, local government minister Luke Hall has claimed.

Mr Hall told the Housing, Communities and Local Government Committee four capitalisation directions had been agreed only because ministers judged these councils had acted prudently.

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 MHCLG Funding
Top