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

Senior Business Analyst

North Yorkshire Council
£ 48,738- £53,051 per annum
Work with a wide range of stakeholders across the Council to identify opportunities for change. Northallerton, North Yorkshire
Recuriter: North Yorkshire Council

Senior Business Analyst

North Yorkshire Council
£ 48,738- £53,051 per annum
The role is hybrid working with a combination of home working, together with minimum 2 days per week in an office Harrogate, North Yorkshire
Recuriter: North Yorkshire Council

Senior Business Analyst

North Yorkshire Council
£48,738 - £53,051 per annum
The role is hybrid working with a combination of home working, together with minimum 2 days per week Scarborough, North Yorkshire
Recuriter: North Yorkshire Council

Senior Business Analyst

North Yorkshire Council
£ 48,738- £53,051 per annum
You work with a wide range of stakeholders across the Council to identify opportunities for change. Selby, North Yorkshire
Recuriter: North Yorkshire Council

Independent Reviewing Officer

Gloucestershire County Council
£54,143 - £56,293 per annum
You will join our Reviewing Service on a part-time basis, to champion the needs of children in the care Gloucestershire
Recuriter: Gloucestershire County Council
Linkedin Banner