Our unsustainable finance system needs a reboot

Heather Jameson says the finance system is increasingly unsustainable and local government has no confidence in the Government’s plans to resolve it or to tackle the issue of funding adult social care.

Another year, another LGiU/The MJ finance survey showing council cuts, fear of financial failure and a downright scepticism that there are any answers on the horizon.

It seems that this year, local government has fallen out of love with business rates. Three-quarters of our survey respondents are not confident that 100% business rate retention will be able to fund the sector.

Heather Jameson

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