Page 5 - Wayne Strutton News Today : Breaking News, Live Updates & Top Stories | Vimarsana

“DETERMINED efforts” from “fragile” are required to dig it out of a now £308m black hole, inspectors have warned.

SLOUGH councillors have expressed their distaste for the controversial A4 bus lanes and called into question its effectiveness.

OFFICERS have apologised for allowing motorists to park on grass to access a without informing councillors.

UK: Labour-run Slough council declares bankruptcy after failed commercial deals Labour Party-run Slough borough council has become the third English local authority, after Northamptonshire and Croydon, to declare itself bankrupt. It has issued a Section 114 notice under the 1988 Local Government Finance Act, required if councils do not have sufficient financial resources to function, and announced an immediate “pausing [of] non-essential spending.” Slough Town Hall (credit: Wikimedia Commons) The notice followed discovery of a projected £96 million deficit in the council’s budget, and...

Auditors have warned councillors further findings could be found in the 2019/20 and 2020/21 accounts FLAWS found in Slough Council’s financial governance in 2018/19 accounts could be the tip of the iceberg, warn auditors. Councillors met at an annual full council meeting on Thursday, May 20, to discuss the external auditors, Grant Thornton UK LLP, two damning reports on the council’s financial governance. In their highly critical reports, they found the council had insufficient capacity and skills within the finance department, inadequate preparation of financial statements, inadequat...