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No risk to Kilmory s £20M deposit in bankrupt councils

No risk to Kilmory s £20M deposit in bankrupt councils
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A third of councils in some of the poorest parts of the UK could declare bankruptcy this year or next

Councils said the most common cause of financial pressures was demand for children s social care services following Government requests to treat these as an equal priority with adult care.

United kingdomStephen houghtonOffice for local governmentInterest group of municipal authorities sigomaNorthamptonshire county councilHackney councilDepartment of levellingBarnsley councilInstitute for fiscalSouth coastSpecial interest groupMunicipal authoritiesFiscal studiesCounty councilLabour run croydonLocal government

Third of councils in poor areas considering bankruptcy | Politics | News

Demand for children s social care services was the most common cause of financial pressures

United kingdomCity ofStephen houghtonDepartment of levellingHackney councilInterest group of municipal authorities sigomaInstitute for fiscalOffice for local governmentNorthamptonshire county councilBarnsley councilSouth coastSpecial interest groupMunicipal authoritiesFiscal studiesCounty councilLabour run croydon

Nearly a third of councils in poor areas considering bankruptcy

A survey has found 14 of 47 councils in the North, the Midlands and on the south coast may go bust this year or next.

United kingdomStephen houghtonBarnsley councilNorthamptonshire county councilHackney councilInterest group of municipal authorities sigomaInstitute for fiscalIndyeat councilsOffice for local governmentDepartment of levellingSouth coastSpecial interest groupMunicipal authoritiesFiscal studiesCounty councilLabour run croydon

Nearly a third of councils in poor areas considering bankruptcy within next two years

A survey of 47 local authorities in the North, the Midlands and on the South Coast revealed a severe strain on finances driven by the depletion of cash reserves available to cover gaps in budgets.

United kingdomStephen houghtonNorthamptonshire county councilInterest group of municipal authorities sigomaBarnsley councilHackney councilSouth coastSpecial interest groupMunicipal authoritiesLabour run croydon