Funding £60m drop in Hounslow reserves ‘clear deterioration in financial resilience’ 10 June 2025 10 June 2025 by Jason Holland The London Borough of Hounslow saw total reserves fall by £59.8m in 2024/25, with this year-end position “outlining a clear deterioration in financial resilience Username Password Remember Me Forgot Password LATIF 2025 Flagship One-Day Conference 18 September, 2025 09:00 - 17:00 155 Bishopsgate London, EC2M 3YD ABOUTAGENDAREGISTER Tech, Data & Finance Forum & Drinks Reception 14 October, 2025 10:00 - 16:00 One Moorgate Place London, EC2R 6EA ABOUTADVISORYATTEND News-in-Brief Bedford’s long-term debt reaches £73.6m Bury’s reserves fall by two-thirds since 2020 Cheshire West and Chester to consider ‘fundamental changes’ to services Children’s services pressures drive £5.6m Leeds council overspend Barking and Dagenham creates £27m safety net for lossmaking firm Anisa Darr to leave Barnet after almost two decades of service Reserves and savings to plug forecased budget gap at Bassetlaw £40m loss in funding presents ‘significant risks’ for Westmorland and Furness ‘Strong’ financial management must be maintained at East Ayrshire Border to Coast appoints new portfolio managers