Northants can use capital to plug finance gap, says Brokenshire

By Mike Yuille | 29 November 2018

Northamptonshire CC will be allowed to use £70m in capital receipts to plug its financial black hole, local government secretary James Brokenshire has ruled. 

Described by Government as ‘a significant step,’ the move – called capitalisation dispensation – will help the council to reduce its deficit and put it on a more sustainable financial footing.

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Whitehall Finance Intervention James Brokenshire
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