Dan Peters 01 March 2024

Lending rates could spike after audit reset, LGA warns

Lending rates could spike after audit reset, LGA warns image
Image: Olivier Le Moal / Shutterstock.com.

Proposals to reset the local audit system and clear the backlog of accounts could drive up the lending rates offered to the sector, councils have warned.

With almost all local authorities in England two years behind with their audited accounts, auditors are expected to issue a raft of qualified and disclaimed opinions later this year.

Visit The MJ (£) to read more.

SIGN UP
For your free daily news bulletin
Highways jobs

Head of Education

Knowsley Metropolitan Borough Council
£87,117- £93,978
Knowsley Council is an award-winning Local Authority, named Local Authority of the Year in the Municipal Journal Awards 2024. Knowsley (Metropolitan borough), Merseyside
Recuriter: Knowsley Metropolitan Borough Council

Service Managers – Children's Social Care

Knowsley Metropolitan Borough Council
£61,863 - £67,592
Knowsley Council is an award-winning Local Authority, named Local Authority of the Year in the Municipal Journal Awards 2024. Knowsley (Metropolitan borough), Merseyside
Recuriter: Knowsley Metropolitan Borough Council

Head of Commercial Services

Trafford Council
£77,339 - £83,714
Few boroughs have a story quite like Trafford’s. Trafford, Greater Manchester
Recuriter: Trafford Council

Head of Greater Manchester Shared Services

Trafford Council
£77,339 - £83,714
Few boroughs have a story quite like Trafford’s. Trafford, Greater Manchester
Recuriter: Trafford Council

Director of People and Organisational Culture

Sheffield City Council
£Competitive
Sheffield is a place like no other. Sheffield, South Yorkshire
Recuriter: Sheffield City Council
Linkedin Banner