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Dan Bates: shrinking balance sheets

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What trends are emerging from already-published 2024/25 accounts? And why are DSG deficits not only a problem in their own right, but also responsible for shrinking balance sheets? Dan Bates explains.

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More than 1 in 7 of all local authorities in England have published accounts ahead of the end of June deadline. Although too early

An increasing amount of local authority audits are being held up by treasury management issues, with some resulting in a failure to meet statutory backstop dates.

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