Dan Peters 10 November 2020

Croydon issues Section 114 notice

Crisis-hit Croydon LBC has issued a Section 114 notice after extra spending controls proved not to be enough.

The order bans all new expenditure, with the exception of safeguarding vulnerable people and statutory services.

Croydon had been expected to apply later this month to the Ministry of Housing, Communities and Local Government (MHCLG) for a capitalisation direction, enabling it to borrow money to cover a revenue shortfall of £22m, but the council still faced a structural deficit, a potential budget shortfall in the current financial year of around £66m and £47m of cuts next year.

In the wake of a public interest report from auditors, the serious financial position facing the council meant it could no longer avoid a s114.

Croydon’s new leader, Cllr Hamida Ali, said: 'The COVID-19 crisis and a decade of austerity have had a major impact on our finances but it’s clear the council has also made mistakes and I am committed to fixing that.

'We're not going to fix these problems overnight and there will be difficult decisions ahead.'

The last s114 notice was issued by Northamptonshire CC more than two years ago.

For more on this story visit The MJ

SIGN UP
For your free daily news bulletin
Highways jobs

Building, Property Information and Compliance Manager

City of York Council
£47,760 to £54,463
We are looking for a motivated manager with experience of leading diverse and challenging teams. North Yorkshire
Recuriter: City of York Council

Applications Support Analyst

West Northamptonshire Council
£33,369 - £36,163
Fixed Term Contract until March 2025 (possibility to extend) Join our dynamic team as a 2nd/3rd Line Applications Support Analyst and play a pivotal role in supporting our systems and applications. This second-line position involves handling technical an Northampton
Recuriter: West Northamptonshire Council

Assistant Director for Education

Essex County Council
Negotiable
Assistant Director for EducationPermanent, Full Time£97,874 Per AnnumLocation
Recuriter: Essex County Council

Technician NRSWA Inspector

Derbyshire County Council
£27,507 - £29,418 per annum
Within the Highways Directorate we are looking for an enthusiastic, customer focused and experienced person to join the Service Derbyshire
Recuriter: Derbyshire County Council

Strategic Manager SEND

Stoke-on-Trent City Council
£70,999 - £74,630
Want to feel proud of your achievements every day? Stoke-on-Trent, Staffordshire
Recuriter: Stoke-on-Trent City Council
Linkedin Banner

Partner Content

Circular highways is a necessity not an aspiration – and it’s within our grasp

Shell is helping power the journey towards a circular paving industry with Shell Bitumen LT R, a new product for roads that uses plastics destined for landfill as part of the additives to make the bitumen.

Support from Effective Energy Group for Local Authorities to Deliver £430m Sustainable Warmth Funded Energy Efficiency Projects

Effective Energy Group is now offering its support to the 40 Local Authorities who have received a share of the £430m to deliver their projects on the ground by surveying properties and installing measures.

Pay.UK – the next step in Bacs’ evolution

Dougie Belmore explains how one of the main interfaces between you and Bacs is about to change.