Laura Sharman 11 February 2021

Four councils get emergency bail out deal from Government

Four councils get emergency bail out deal from Government image

Four councils that are unable to balance their budgets will receive emergency funding from the Government.

The councils - Bexley, Eastbourne, Luton and Peterborough - have been granted the support due to their 'unique circumstances or residual issues'.

The councils have each been awarded a Capitalisation Direction enabling them to borrow in order to fund revenue costs.

Bexley LBC has been issued a capitalisation directive for £3.87m, and will receive just over £6m in grant funding.

Teresa O'Neill, council leader, said: 'The directive is a further tool to help us manage the financial uncertainty the pandemic has created. We will only use it if we need to.'

Luton Council will be allowed to borrow up to £35m and Eastbourne Council will be allowed to borrow £6.8m to fund services this year.

Luton Council leader, cllr Hazel Simmons, said: 'I welcome the exceptional financial support that the Government has agreed to provide to Luton Council which recognises the catastrophic impact of COVID-19 on our airport.'

Peterborough City Council will receive an additional £4.8m and up to £20m for 2021/22 through the Capitalisation Direction.

Cllr John Holdich, leader of Peterborough City Council, said: 'We are delighted with the positive response we have received from MHCLG to our request for exceptional financial support. In allowing us a Capitalisation Direction, they are acknowledging that the council has done everything it can to deliver much-needed services efficiently. This includes the implementation of a financial recovery programme and an extensive review of our services and contracts to ensure they are achieving best value.'

The Isle of Wight Council will receive £50,000 to review the challenges face by the council.

MPs have attacked 'broken' council funding as the settlement for 2021-22 was passed in the House of Commons.

SIGN UP
For your free daily news bulletin
Highways jobs

Housing Assurance Service Manager

Kirklees Metropolitan Council
£55,675 - £56,649
We’re building a brand-new assurance team in our Homes & Neighbourhoods service Kirklees, West Yorkshire
Recuriter: Kirklees Metropolitan Council

Trainee Public Health Practitioner

Kirklees Metropolitan Council
£24,404 - £24,790
Working within the Kirklees Public Health Improvement team Kirklees, West Yorkshire
Recuriter: Kirklees Metropolitan Council

Climate Change Officer

Kirklees Metropolitan Council
£40,476 - £42,708
Are you a passionate and enthusiastic Climate Change Officer Kirklees, West Yorkshire
Recuriter: Kirklees Metropolitan Council

Transition Home Manager

Durham County Council
Grade 13 £45,718 - £49,764 (Pay Award Pending)
Could you support young people to realise their individual potential and prepare them for their journey towards independence. NOT JUST A PLACE OF WOR Durham
Recuriter: Durham County Council

SEND and Inclusion Senior Specialist Support Worker (Communication and Interaction Team)

Durham County Council
Grade 8 £31,586 - £35,235 (Pay Award Pending)
We are recruiting a SEND & Inclusion Senior Specialist Support Worker to join our Specialist SEND & Inclusion Team. We would be particularly intereste Spennymoor
Recuriter: Durham County Council
Linkedin Banner