by Editorial Team | Nov 5, 2025 | Council Finances
The council’s finances are in a worse state than the headline numbers suggest. The true total hit to reserves this year is £31.6 million, which will leave the council with a -£24.9 million negative reserve balance because a £14.1m ‘historical error’...
by Editorial Team | Nov 5, 2025 | Council Finances
Since July’s Cabinet meeting and as recently as this week’s Cabinet meeting, Hillingdon Council has regularly confirmed it is in discussions with the central government to secure “Exceptional Financial Support” (EFS). But what does this mean? In simple...
by Editorial Team | Nov 5, 2025 | Council Finances
Councils can’t actually go bankrupt, but their equivalent is declaring ‘Section 114’. We understand that once that happens, how the council spends money changes – and the council’s Monitoring Officer and the Chief Finance Officer become responsible for...