"Local authorities face deep cuts between now and 2015. Many have rationed services, such as adult social care and libraries. I am alarmed to hear that 12% are now at risk of being unable to balance their books in the future, according to local auditors, with potentially disastrous consequences" says Margaret Hodge MP, Chair of the Commons Public Accounts Committee. Her comments coincide with the National Audit Office (NAO) publishing a report highlighting the difficulties faced by Councils in England in coping with over £7bn Government cuts between 2011 and March 2015 – only half of which have been implemented to date:
http://www.bbc.co.uk/news/uk-politics-21249329
The full NAO report on the ‘Financial sustainability of local authorities’ can be read here:
http://www.nao.org.uk/publications/1213/local_authority_sustainability.aspx