The £1m question: How corporate are you? 

By Blair McPherson | 21 February 2019

The problem of a £million under spend is almost as bad as a £million overspend. Will they let us carry over the underspend? No.We have to be corporate. Will they make us carry over the £million overspend? Yes. We have to budget better!

The boss was known to make a drama out of a crisis and a £million overspend is a crisis. The budget problem is psychological as much as financial. In business managing such a large budget (£100 million ) within 1% would be success. But in local government the figure of a £million overspend is a banner headline in the local paper and the first item in the local talk radio show. 

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