#september #2024
#deadline
In Friday's #ft it was reported that #accounts and #audits of #localgovernment bodies are to be brought up to date by #september next year. There have been problems since the #conservatives abolished the #auditcommission in 2015 - and it makes sense to find out as soon as possible if there are any more #localauthorities in the position of among others #croydon, #slough , #thurrock and #woking . However there are some snags to this.
#uk #localgovernment #finance #september #deadline #ft #accounts #audits #conservatives #auditcommission #localauthorities #Croydon #slough #thurrock #woking
Ironically it was #margaretthatcher who set up the #auditcommission in the first place. One aspect of her legacy that I am sorry to lose!
#margaretthatcher #auditcommission
The #AuditCommission had been set up by #margaretthatcher in the 1980s but was abolished by the #Conservative led #coalition in the early 2010s.
Yet the #Conservatives have the nerve to accuse #labour of financial improvidence in #local #Government!
#auditcommission #margaretthatcher #conservative #coalition #conservatives #labour #Local #government
The #Conservative #Secretaryofstate has appointed three commissioners to take over the finances of #Woking for five years.
It is not clear what they will do. Presumably some combination of a #firesale of #assets and some write off of #loans from the Public Works Loans Board is inevitable.
What is extraordinary is how such a situation was allowed to develop. Until the early 2010s the #AuditCommission kept an eye on #local #government.
#conservative #secretaryofstate #woking #firesale #assets #loans #auditcommission #Local #government