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UK councils brace for spending cuts as financial crisis looms

Soured bets on commercial real estate contribute to the stress.

United kingdomCity ofJames johnsonMargaret thatcherBrian trumanJack shawKeir starmerAnn marie barkerWoking borough councilRishi sunak conservative partyUniversity of cambridgeBennett institute for publicGovernment associationHilton hotelNational audit officeVictoria square

England s Local Councils Are Reeling From a Financial Crisis

(Bloomberg) The glitzy Victoria Square development, boasting two skyscrapers and a new Hilton Hotel, was to be a new landmark for the London commuter town of Woking. Instead, it stands as a monument to how financial bets by local councils can go badly wrong.Most Read from BloombergFed Sees Rates Staying High for Some Time With Cuts Eyed in 2024Confidential Jeffrey Epstein Documents Unsealed by New York CourtSaving the Panama Canal Will Take Years and Cost Billions, If It’s Even PossibleTech S

United kingdomCity ofJack shawMargaret thatcherJames johnsonBloomberg businessweekBrian trumanAnn marie barkerKeir starmerNational audit officeUniversity of cambridgeRishi sunak conservative partyHilton hotelGovernment associationWoking borough councilBennett institute for public

What are the key questions Labour needs to answer in 2024?

What are the key questions Labour needs to answer in 2024?
newstatesman.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newstatesman.com Daily Mail and Mail on Sunday newspapers.

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Local governments face funding cuts over 4-day workweek

A local council has been threatened with legal action and financial consequences over its four-day week trial, but it's standing firm.

City ofUnited kingdomLee rowleySimon hoareBennett institute for publicUk department of levellingCambridgeshire councilSouth cambridgeshire councilLiberal democratSouth cambridgeshireLocal government simon hoareBennett institutePublic policyBridget smithScottish government

Services in England are now worse than Cold-War era East Berlin

Services in England are now worse than Cold-War era East Berlin
walesonline.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from walesonline.co.uk Daily Mail and Mail on Sunday newspapers.

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