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

Recovery Worker Substance Misuse

Essex County Council
£30931 - £35362 per annum + + 26 Days Leave & Defined Benefit Pension
Recovery Worker Substance MisusePermanent, Full Time£30,931 to £35,362 per annumLocation
Recuriter: Essex County Council

Principal Transport Officer

Old Oak and Park Royal Development Corporation
£63,112 per annum
leading the capital’s largest new regeneration project. Brent Civic Centre (32 Engineers Way, Wembley, HA9 0FJ).
Recuriter: Old Oak and Park Royal Development Corporation

Senior Occupational Therapist

Essex County Council
£43477 - £52302 per annum + Flexible Working, Hybrid, CPD, Gov Pension
The role will be responsible for supporting adults to develop their abilities to enable them to live as independently as possible. This may include England, Essex, Harlow
Recuriter: Essex County Council

Director of Commissioning and Performance

Northumberland County Council
£100,157 - £109,081
We are looking for an individual to help us achieve excellence in adult social care in Northumberland. Northumberland County Council, Morpeth, United Kingdom
Recuriter: Northumberland County Council

Payroll Manager

London Borough of Richmond upon Thames and London Borough of Wandsworth
£46,014 to £55,758 per annum
About the role You will have a set of on-going responsibilities which will vary depending on the needs of the team. The responsibilities include (but not limited to) to
Recuriter: London Borough of Richmond upon Thames and London Borough of Wandsworth
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.