councils
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Councils face record £3.5bn cash shortfall
More than 100 councils face shortfalls of more than £10m
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Councils hoarding £2.8bn of unspent section 106 cash
HBF says the money must be spent and reasons given for delays
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At least 26 councils could go bust within two years
Higher costs and lower funding has more councils considering a section 114 notice
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Councils face £5bn funding black hole
Deficits will rise to an average of £33m by next year
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Councils failing to pass on business rates support
Delay will short-change businesses by £700m
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Councils own £6.4bn of commercial property
27 council hold portfolios worth more than double their annual budgets
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Cash-strapped councils turn to private sector for housing investment
Authorities explore private equity funding to plug gaps caused by shrinking government backing
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Rising council property spend worries National Audit Office
The National Audit Office has raised concerns around councils’ spending on commercial real estate
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16 key points from the social housing green paper
The government’s newly released Social Housing green paper aims to “rebalance the relationship between landlords and residents, tackle stigma and ensure social housing can act as a stable base and…
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Councils look afar for happy returns
In a move to generate decent returns and plug the gap left by the withdrawal of government grants, local authorities are increasingly looking at property investments outside their own areas