Close Menu
Finance Pro
  • Home
  • Art Gallery
  • Art Investment
  • Art Stocks
  • Cryptocurrency
  • Finance
  • Investing in Art
  • Investments
Facebook X (Twitter) Instagram
Trending
  • What counts as art, and who gets to decide?
  • Hyderabad based UpTik to host international conference on investments and global affairs at BSE
  • Finance expert warns making this mistake could break the law
  • Is the US Dollar the World’s Most Successful Cryptocurrency?
  • Osborne Clarke and Legance advise Alpha Bank, Situs Asset Management Limited and Castello SGR S.p.A. in a €50 million financing to restructure a premium asset in Rome and purchase a property in Rozzano (Milan) – Osborne Clarke
  • How to Use Cryptocurrency for Everyday Shopping in 2026
  • Investment Trusts Explained: How to Invest and Build Your Portfolio with Us
  • IIFL Finance Q3 Results: Stock tanks 15% despite sharp surge in Gold loans; Here’s why
  • 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

Finance expert warns making this mistake could break the law

January 22, 2026 Finance

Osborne Clarke and Legance advise Alpha Bank, Situs Asset Management Limited and Castello SGR S.p.A. in a €50 million financing to restructure a premium asset in Rome and purchase a property in Rozzano (Milan) – Osborne Clarke

January 22, 2026 Finance

IIFL Finance Q3 Results: Stock tanks 15% despite sharp surge in Gold loans; Here’s why

January 22, 2026 Finance

Temporary finance director joins Shropshire Council amid cash woes

January 22, 2026 Finance

Guernsey Finance focused on ‘moving forward’ after 2025 incident

January 21, 2026 Finance

L&T Finance Q3 results: Profit up 18% on healthy NII growth, retail traction

January 16, 2026 Finance
Add A Comment
Leave A Reply Cancel Reply

Don't Miss

What counts as art, and who gets to decide?

January 23, 2026 Art Gallery 6 Mins Read

Instead of an inherently beautiful conglomerate, we must appreciate the fruits of individual artists’ labourJordan…

Hyderabad based UpTik to host international conference on investments and global affairs at BSE

January 23, 2026

Finance expert warns making this mistake could break the law

January 22, 2026

Is the US Dollar the World’s Most Successful Cryptocurrency?

January 22, 2026
Our Picks

What counts as art, and who gets to decide?

January 23, 2026

Hyderabad based UpTik to host international conference on investments and global affairs at BSE

January 23, 2026

Finance expert warns making this mistake could break the law

January 22, 2026

Is the US Dollar the World’s Most Successful Cryptocurrency?

January 22, 2026
Our Picks

Vietnam Begins Accepting Applications for Cryptocurrency Trading Licenses

January 21, 2026

Guernsey Finance focused on ‘moving forward’ after 2025 incident

January 21, 2026

Iran’s central bank using vast quantities of cryptocurrency championed by Farage, says report | Iran

January 20, 2026
Latest updates

What counts as art, and who gets to decide?

January 23, 2026

Hyderabad based UpTik to host international conference on investments and global affairs at BSE

January 23, 2026

Finance expert warns making this mistake could break the law

January 22, 2026
Weekly Updates

Blockchain-limited.net (Blockchain Limited Cryptocurrency Scam) Reviews

July 26, 2024

Ex-NRL star Trent Merrin faces court over alleged cryptocurrency theft

December 2, 2025

Dealer Tif Sigfrids Closes Her Gallery, Joins Canada as Partner

June 7, 2024
  • Privacy Policy
  • Terms and Conditions
  • Get In Touch
© 2026 Finance Pro

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