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#1
11-29-2018, 09:56 PM
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Tory-run Northamptonshire county council bailed out by government
Permission granted to spend £60m cash received from sale of HQ
The government has in effect bailed out Tory-run Northamptonshire county council after giving it unprecedented permission to spend up to £60m of cash received from the sale of its HQ on funding day-to-day services. The highly unusual move – accounting rules normally prevent councils using capital receipts in this way – means the crisis-hit authority is likely to escape falling into insolvency for the third time in less than a year. Continue reading... 
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| الكلمات الدلالية (Tags) |
| sale, received, hq, northamptonshire, tory-run, –, bailed, cash, county, £60m, government, permission, council, spend, receipts, escape, crisis-hit, falling, means, authority, capital, continue, reading, insolvency, time, services, unprecedented, giving, granted, effect, rules, prevent, councils, accounting, move, funding, day-to-day, highly, unusual |
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