A county council will issue a Section 114 notice unless the government grants its requests for extra flexibility, officers have warned as they work on the authority’s upcoming budget.
Soaring demand for adult and children’s care and a “fundamental structural problem” with funding have created a forecast budget gap of £100m in 2024-25 and led Somerset Council to declare a financial...
Now-defunct districts relying on short-term borrowing to finance commercial investments have left Somerset Council exposed to higher interest rates and with assets currently losing money, its finance...
