Manchester City Council is facing a £153M budget shortfall over the next three years, councillors have heard. A meeting of the resources and governance scrutiny committee heard that although the city’s central government funding settlement for 2022/23 was ‘less bad’ than anticipated, analysis suggested the ‘very frightening’ slashing of public spending in future years.
The council is preparing for cuts of around £40M per year to deal with the financial black hole, with another £51M of reserves used to mitigate the shortfall.
Councillors were presented with a paper titled ‘spending review and budget update’ following the chancellor’s budget announcements late last month.
Read more on manchestereveningnews.co.uk
Get the latest stars news and celebrity rumours with exclusive stories, photos, videos and interviews.
Breaking up, scandals, engagements, divorces, gossip – all you need to know about the private lives of your favorite celebs.
Get to know the latest showbiz news along with exclusive interviews and even more. All this is waiting for you on the main page 24 hours a day, 7 days a week! Who, where, when, with whom, how, why and for what!? Stay tuned to know first!
Just follow us daily and we will provide you with the current news from the life of famous stars and celebrities.
Owner: SNOWLAND s.r.o.
Registration certificate 06691200
Address:
Snowland s.r.o.
16200, Na okraji 381/41, Veleslavín, 162 00 Praha 6
Czech Republic
©2024. All rights reserved.