Close Menu
Finance Pro
  • Home
  • Art Gallery
  • Art Investment
  • Art Stocks
  • Cryptocurrency
  • Finance
  • Investing in Art
  • Investments
Facebook X (Twitter) Instagram
Trending
  • What Does The Taxation Regime For Cryptocurrency Really Mean For Investors And Policymakers?
  • Xi Jinping outlines a plan to bolster China’s global clout as Vladimir Putin and Narendra Modi tighten ties amid threats from Donald Trump
  • Last week, there were a total of 31 public financing events in the cryptocurrency market, with a cumulative financing of approximately 483 million USD | Investment and Financing Weekly Report – ChainCatcher
  • Tesla sees exodus of South Korean retail investors as cryptocurrency’s allure rises
  • Manappuram Finance, Muthoot Finance shares rise up to 4% today; here’s why
  • Trusted Bitcoin Platforms Every Investor Should Know
  • Learn Money-Making in Crypto
  • Mexican government unveils $540M industrial hub to lure investments
  • Privacy Policy
  • Terms and Conditions
  • Get In Touch
Finance ProFinance Pro
  • Home
  • Art Gallery
  • Art Investment
  • Art Stocks
  • Cryptocurrency
  • Finance
  • Investing in Art
  • Investments
Finance Pro
Home»Finance»Norfolk council finance boss denies authority could ‘go bust’
Finance

Norfolk council finance boss denies authority could ‘go bust’

October 14, 20242 Mins Read


Figures obtained by the BBC showed that many councils faced a growing shortfall in their budgets.

The problem was most acute in county councils, which oversee the big spending departments of social care, children’s services and highways.

To try and close its budget gap, Norfolk County Council has earmarked £16.5m of savings from its adult social care budget.

Its children’s services department is facing cuts of £7m.

The authority is also looking at increasing council tax with three possible options, which range from hikes of 3%, up to 5% or more than 5%.

Mr Jamieson was asked by BBC Radio Norfolk breakfast presenter, Chris Goreham, for his response to Ms Mason Billig’s remarks that the council “hit 10 ages ago”.

He said: “I would not say that we have a lot of wriggle room, but what we do have is a clear plan for making these pressures as clear as possible.

“But what we need the government to do in order to help us do that… is a multi-year settlement.”

In a statement issued after the interview, Mr Jamieson said the council was “holding our own” at the moment.

But he added: “If I were playing penny falls in the arcade at Hunstanton, we would not be one of the 16 councils that have stated publicly that they would go over the edge in the next 12 months.

“However, there is no doubt we are on the board.”



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Manappuram Finance, Muthoot Finance shares rise up to 4% today; here’s why

September 1, 2025 Finance

Leading by example: EBL’s bold push into sustainable finance

August 30, 2025 Finance

Ex-WH Smith finance boss delays Greggs board appointment amid accounting probe

August 28, 2025 Finance

Finance Minister Nirmala Sitharaman reassures exporters, extends full support amid US tariff shock

August 28, 2025 Finance

The Economist’s finance and economics internship

August 27, 2025 Finance

Blended finance, carbon markets key to lower decarbonisation costs in emerging markets: Piyush Gupta

August 26, 2025 Finance
Add A Comment
Leave A Reply Cancel Reply

Don't Miss

What Does The Taxation Regime For Cryptocurrency Really Mean For Investors And Policymakers?

September 1, 2025 Cryptocurrency 1 Min Read

Why Crypto Taxation is Important to UnderstandThe taxation system for cryptocurrency is not just a…

Xi Jinping outlines a plan to bolster China’s global clout as Vladimir Putin and Narendra Modi tighten ties amid threats from Donald Trump

September 1, 2025

Last week, there were a total of 31 public financing events in the cryptocurrency market, with a cumulative financing of approximately 483 million USD | Investment and Financing Weekly Report – ChainCatcher

September 1, 2025

Tesla sees exodus of South Korean retail investors as cryptocurrency’s allure rises

September 1, 2025
Our Picks

What Does The Taxation Regime For Cryptocurrency Really Mean For Investors And Policymakers?

September 1, 2025

Xi Jinping outlines a plan to bolster China’s global clout as Vladimir Putin and Narendra Modi tighten ties amid threats from Donald Trump

September 1, 2025

Last week, there were a total of 31 public financing events in the cryptocurrency market, with a cumulative financing of approximately 483 million USD | Investment and Financing Weekly Report – ChainCatcher

September 1, 2025

Tesla sees exodus of South Korean retail investors as cryptocurrency’s allure rises

September 1, 2025
Our Picks

Fraudsters convince victim to put $15,000 into cryptocurrency ATM: Westlake Police Blotter

August 30, 2025

Clacton Arts Centre gallery to celebrate first anniversary

August 30, 2025

Alibaba AI investments start to yield tangible returns for cloud business

August 30, 2025
Latest updates

What Does The Taxation Regime For Cryptocurrency Really Mean For Investors And Policymakers?

September 1, 2025

Xi Jinping outlines a plan to bolster China’s global clout as Vladimir Putin and Narendra Modi tighten ties amid threats from Donald Trump

September 1, 2025

Last week, there were a total of 31 public financing events in the cryptocurrency market, with a cumulative financing of approximately 483 million USD | Investment and Financing Weekly Report – ChainCatcher

September 1, 2025
Weekly Updates

Hong Kong professor calls China’s crypto mining ban ‘unwise’, suggests opening up to digital assets

July 2, 2024

UK Supreme Court rejects chancellor’s attempt to intervene in car finance litigation

February 17, 2025

Major IT issues hit finance officials in hours before last year’s budget – The Irish Times

August 25, 2025
  • Privacy Policy
  • Terms and Conditions
  • Get In Touch
© 2025 Finance Pro

Type above and press Enter to search. Press Esc to cancel.