Paul Marinko 12 July 2023

Southampton at risk of section 114

Southampton City Council has been warned it risks having to issue a section 114 notice this financial year as it battles to save £20m from its budget.

The Chartered Institute of Public Finance and Accountancy (CIPFA) said the authority only delivered 39% of its planned savings last year and if that continued in 2023-24 it would achieve just £7.8m of the £20m target.

CIPFA added: ‘If the council does not bring spending under control and deliver savings in our opinion there is a significant risk to sustainability.

‘This would lead to the potential for considering a section 114 notice in the 2023-24 financial year.’

To continue reading visit The MJ (£).

If this article was of interest, check out this feature by Joanne Pitt, Local Government Policy manager at CIPFA: 'Preventing future Section 114 notices'.

Sign up here to receive our free daily news and jobs bulletin.

#Audit #Finance

Analysis

Breaking down England's fiscal devolution plans

David Phillips of the IFS tells LocalGov why England's regional finance reforms are modest by global comparison and what ministers still need to get right.

Opinion

How mature is your contractor assurance process?

Discover how a contractor assurance maturity framework can help public sector organisations strengthen governance, improve visibility and manage risk.

Most Popular News

South Holland DC demands Government reimburses LGR costs

Westminster council to axe 520 jobs as it faces £160m funding gap

Government urged to end 40 years of regional policy churn

Petition urges Khan to scrap Harry Potter Christmas lights over transphobia

Bradford to benefit from new reliable train station

New Products

Safeguarding Children - the AAT Way

MSL enhances hygiene auditing with air quality testing for Awaab’s Law compliance

Cadcorp launches Mapestry

Bolton Council Upgrades 120+ School Crossings with Smart CMS Control by Lucy Zodion

NEC CONTRACTS HAS GONE DIGITAL: PAPERLESS, TO GIVE YOU MORE

Vent-Axia Delivers Social Housing a Smart Ventilation Solution Ahead of Awaab’s Law

New remotely lockable cabinet will help manage medication for people with mental health issues

Case Studies

Acrospire's Heritage Lighting Upgrade at Britannia Quay Balances Performance and Ecology

Acrospire Improves Safety Across Greenwich Subways with LED Lighting Upgrade

Cornwall’s Coastal Heritage Lighting Upgraded with Acrospire Lanterns

Acrospire Delivers Durable Handrail Lighting Upgrade for Historical Landmark Jacob’s Ladder

Acrospire Delivers Seamless Heritage Lighting Upgrade on Bath’s North Parade Bridge

Acrospire Delivers Retrofit Lighting for Newbridge’s Joe Calzaghe Footbridge

Acrospire Delivers PIR-Controlled Lighting at Ruislip Lido Car Park

Company Anouncements

Siemens, Asset Management Software, Formerly Brightly Software, Expands Solutions Portfolio to More Connected Insights

Acrospire promotes LED retrofit for structurally viable lighting assets

Vent-Axia Welcomes the Future Homes Standard as Competency Takes Centre Stage

Apricorn Becomes First and Only Hardware-Encrypted USB Storage Device Manufacturer to Achieve AS9100 Certification

AAT helps Councils step up to address children’s social care

CU Phosco Approved as a Crown Commercial Service Supplier

Acrospire triumphs at the 2025 HEA Awards with Sustainable Project of the Year

Chief Quality Officer

£150,892 plus car allowance (£8,153-£10,192)

At Alternative Futures Group, we believe quality is not measured by processes alone. It is measured by the difference we make to people's lives. Hybrid / North West

Recuriter: Alternative Futures Group

Procurement Assistant Manager - Part Time

£24681.0000 - £29037.0000 per annum

Procurement Assistant ManagerFixed Term, up to 18 months (March 2028) Part Time, 25 hours per weekUp to £ 29,037 per annum pro-rata Location

Recuriter: Essex County Council

Procurement Assistant Manager - Full Time

£36529.00 - £42976.0000 per annum

Procurement Assistant Manager - Full TimeFixed Term, up to 18 Months (March 2028) Full Time, 37 Hours Per WeekUp to £42,976 per annum plus Flexible Wo England, Essex, Chelmsford

Recuriter: Essex County Council

Youth Justice Practitioner

£38487.0000 - £51834.0000 per annum

Please note that visa sponsorship is not available for this role. Applicants must have a current, unrestricted right to work in the UK.Here in Essex, England, Essex, Epping

Recuriter: Essex County Council