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How strong are your finances, really? Part two: 4 more money questions to ask yourself

时间:2010-12-5 17:23:32  作者:Arts   来源:Music  查看:  评论:0
内容摘要:Deciding how much money to give the NHS was "one of the most consequential decisions of the spending review," the IFS said.

Deciding how much money to give the NHS was "one of the most consequential decisions of the spending review," the IFS said.

The local government settlement in the Spending Review provides an additional £3.3bn for local authorities in 2028-29 compared with 2023-24.The Spending Review also revealed revealed the Ministry of Housing, Communities and Local Government would see a 1.4% cut in its day-to-day budget.

How strong are your finances, really? Part two: 4 more money questions to ask yourself

But the government said councils' "core spending power" would still go up, if they increased council tax by the maximum amount.Separately the government is consulting on directing more money to deprived councils in England from 2026.Councils cannot technically go bankrupt, but if they cannot balance their budget for the financial year, they can issue what is called

How strong are your finances, really? Part two: 4 more money questions to ask yourself

This means they cannot commit to most new spending, and residents could see reduced services, such as fewer bin collections or cuts to libraries.Before 2018, only two councils had issued a section 114. Twelve have been issued since.

How strong are your finances, really? Part two: 4 more money questions to ask yourself

Birmingham City Council went bust in 2023, with a £760m black hole. It followed Woking Council, Thurrock and Croydon (for the third time).

A number of local authorities in England have not issued section 114 notices but are receiving"These Earth Observation programmes are our canary in the coal mine," he told BBC News.

"Our ability to predict the impact of climate change and mitigate against it could be drastically reduced. If we turn off this early warning system it is a frightening prospect."The budget proposals have yet to be approved by Congress. The Planetary Society's Casey Dreier has told BBC News that many Republicans have told lobbyists privately that they are prepared to vote against the cuts.

But, Mr Dreier worries that there is a strong possibility that political gridlock might mean that no budget is agreed.It is likely that the reduced White House budget would be put in place as an interim measure, which then could not easily be reversed, because once space missions are turned off it is hard, if not impossible, to start them up again.

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