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2 Dec 20
The London Borough of Croydon has issued a second section 114 notice after it was unable to make sufficient cuts to balance a forecast £66m overspend in its budget this year.
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14 Jul 20
The government may need to rethink its fiscal policy strategy to account for economic shocks happening more frequently than previously assumed, according to the Office for Budget Responsibility.
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3 Mar 20
Low funding and dwindling reserves mean a local authority in Derbyshire risks considering an unbalanced budget by 2021-22, councillors have been warned.