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Old 30-12-2012, 15:12   #10
Hugh
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Re: Civil Unrest in UK

Perhaps the councils should use some of their reserves, which have been growing, even during financially restrictive times?

BBC
Quote:
English councils have increased their reserves by £4.5bn over the last five years to almost £13bn, despite cuts to funding, the Audit Commission has said.

The public spending watchdog found councils had a total of £12.9bn set aside - the equivalent of nearly a third of their spending on services....

....In its report, the Audit Commission found that between 2007 and 2012, 77% of councils in England had increased their reserves relative to their spending and 26% had more than doubled them.

Council reserves grew by 36% in real terms over the five-year period, the watchdog said.
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