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United Kingdom · Question · Written question

UIN 49294

Local Government Finance

Original

answeredUnited Kingdom· UK Parliament· EN

Introduced

7 September 2022

Last action

22 September 2022 · Answer

Status

Answered

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Subjects

Discovery layer

Source updated

22 September 2022

Summary

To ask the Secretary of State for Levelling Up, Housing and Communities, if his Department will provide guidance to local councils on the risks of pursuing financial schemes which could put public funds at risk.

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Timeline

  1. 7 September 2022

    Written question

    To ask the Secretary of State for Levelling Up, Housing and Communities, if his Department will provide guidance to local councils on the risks of pursuing financial schemes which could put public funds at risk.

    Source: Commons

  2. 22 September 2022

    Answer

    Government expects local authorities to act as prudent stewards of taxpayers’ money. Local authorities have a duty to comply with the Prudential Framework and have regard to statutory guidance and accounting codes when making investment decisions. This in...

    Source: Written answer

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