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Richard Harbord: Croydon’s 114 notice hold lessons for all councils

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As Croydon grapples with a section 114 notice Richard Harbord looks at the issues underlying the council's troubles. The London Borough of Croydon has

Paul Guilliotti, director of Financial Services, Richmond and Wandsworth Councils argues that current high funding levels should be approached with caution as marginal changes to discount rates can potentially have a significant impact.

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