With inflation and energy prices eating into budgets, local authorities across the UK are facing increasing challenges to deliver services. In this video, the National Audit Office discusses the capital framework guidance for local government commercial activity and the importance of low risk investments to generate income.
In the last 10 years, local government have lost nearly £16 billion of funding in central government cuts. In this video, Sevenoaks District Council share how developments, investments and regeneration of assets have added bot social value to the local community and helped the council become self-sufficient from direct central government funding.