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Capital receipts flexibility extended to 2030

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Local authorities have been granted an extended window to use capital receipts for transformation costs, as the government confirms the flexibility will now run through to 2030.

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In a direction for local authorities in England last week, the government confirmed that councils can continue to use proceeds from asset sales to

While upper tier authorities are seeing significant pressures and are relying on external borrowing, district councils are so far not yet showing the same degree of balance sheet stress, finds Room151’s head of research Dan Bates.

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