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Audit backstop: will councils face borrowing and credit rating challenges?

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With the first audit backstop date fast approaching, how will it affect local authorities’ ability to borrow and secure credit ratings?

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As the 13 December backstop date looms, the Ministry of Housing Communities and Local Government (MHCLG) has released a policy paper outlining the consequences of the

The government has set out 16 commitments to fix the “fragmented and broken” local audit system – with up to £49m in funding to support local authorities in clearing the backlog.

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