Watchdog head in 'bankruptcy' warning

By Dan Peters | 07 July 2020

The head of Parliament’s financial watchdog has warned that ‘a lot’ of councils remained at risk of ‘effectively going bankrupt’ despite another £500m cash injection.

Communities secretary Robert Jenrick last week announced an unringfenced £500m and will allow council and business rates tax deficits to be repaid over three years instead of the usual one.

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Whitehall Finance Local Government Association MHCLG PAC S114 Robert Jenrick

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