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Old 30-11-2019, 15:22   #16
jfman
Architect of Ideas
 
Join Date: Dec 2004
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Re: Millions to be affected by NHS plan to ration 34 everyday tests and treatments

Quote:
Originally Posted by Sephiroth View Post
How does the above sit with the reserves that Councils hold?

https://www.localgov.co.uk/Council-r...ast-year/48029

I suspect that the guvmin's squeeze will last until councils have committed reserves to what they claim they are starved of.


If you read the quote in the article it sums it up well.

'These figures show that councils are topping up their reserves where they can, reflecting the absence of a long-term funding settlement for the sector, continued uncertainty around the spending review and Fair Funding Review and an expectation that the long hard winter of austerity is set to continue,’

In other words - councils need to keep money aside because of the uncertainty of how much they will be given in future years.

The amount set aside would barely cover local government spending for three months. As the article also states - some of it is ring fenced so local authorities couldn't even spend it if they wanted to.
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