The government has appointed two senior local government officials as commissioners to oversee the financial recovery of cash-strapped Slough Borough Council, following two critical independent...
The government is set to appoint commissioners to take over governance and financial scrutiny at Slough Borough Council following two critical independent reviews.
Slough Borough Council’s finance department has revised down its estimate of the level of developer contributions it is owed for local infrastructure by more than £5m.
Crisis-hit Slough Borough Council is unlikely to recover £10m of “inappropriately authorised loans” for the removal of cladding at an authority-owned tower block, ...
Slough Borough Council will need to recoup hundreds of millions of pounds from property sales to help fill a budget deficit following this month’s Section 114 notice, according to its finance chief.
CIPFA has praised Slough Borough Council’s finance director on the decision to publish a section 114, freezing all non-essential spending as the authority attempts to balance its budget.
Mounting costs relating to a block of flats with dangerous cladding could lead to a local authority lending millions to a council-owned company – money it admits might not be fully paid back