A projected £11.6m overspend would nearly wipe out Middlesbrough Council’s useable reserves and lead to a Section 114 notice, the authority’s finance chief has warned.
More local authorities will be on the brink of issuing Section 114 notices this year if the government does not release additional funding to stabilise the sector, a chief executive has warned.
Failing to deliver £86m of cuts and effectively manage spending would put Kent County Council in a “perilous financial position” on the brink of issuing a section 114 notice, its external auditors...
Rising service demand and debt costs have led two borough councils to warn they risk issuing section 114 notices, with one perhaps coming as soon as October.
Weak financial controls and a “culture which is not focused upon compliance” contributed to Nottingham City Council’s unlawful spending of housing money, an independent report has concluded.
A further £760m hit to Birmingham City Council’s finances from a 2012 court ruling means the authority needs to “take all necessary steps” to cut spending and avoid issuing a Section 114 notice.
The public increasingly having its “ear to the ground” on local issues has led to financially failing council administrations being punished at the ballot box, experts have said following the latest...
Significant concerns over governance have led external auditors for the London Borough of Croydon to issue statutory recommendations, including that the authority shows how its 15% council tax rise...
Over-reliance on falling commercial income and high debt mean Woking Borough Council is “in the territory” of needing to issue a section 114 notice and has already stopped non-essential spending.
Two struggling local authorities are set to request the government’s permission to raise council tax rate by more than the normal limit without triggering a local referendum.
Thurrock Council’s decision to issue a section 114 notice is a necessary step to ensuring exceptional government support, commissioners appointed to turn around the authority have said.
Two county councils could issue section 114 notices “within the next year or so” as they struggle with high inflation and rising service demand without additional funding.
Failing to agree a new funding settlement with the government could leave Transport for London at risk of issuing a section 114 notice and having to stop all non-essential spending, its finance...
Crisis-hit Nottingham City Council has come out against government plans to appoint a commissioner to oversee the authority following unlawful spending, saying it has made “solid progress” on...
The London Borough of Croydon has pledged to carry out a deep dive into its finances to get a greater understanding of the risks it faces as it attempts to improve its long-term stability.
A chief finance officer at a council in the north of England did not rule out issuing further section 114 notices over potentially unlawful spending, having already issued one last month.
A county council in the north of England has issued a Section 114 notice over unlawful spending on commercial ventures and additional payments to its chief executive.