WHITEHALL

Government timetable could push councils to issue section 114s, treasurers warn

The Government’s proposed timeline for implementing changes to tackle risky borrowing by some councils could end up pushing local authorities into section 114 territory, district treasurers have warned.

The Government's proposed timeline for implementing changes to tackle risky borrowing by some councils could end up pushing local authorities into section 114 territory, district treasurers have warned.

A Government consultation on local authority capital flexibilities closed last week – just weeks before the new financial year, when the changes are expected to be implemented.

Dan Peters

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