FinancialAdvice.co.uk Logo

Qualified advisers answering your
Financial Questions
call 0800 092 1245

Councils launch cost-cutting exercises

Despite the fact that the UK government has yet to confirm cost-cutting initiatives across the UK, a number of local councils have already taken it upon themselves to make contingency plans. It has been confirmed that some councils have already approached their local population to ask for ideas regarding cost-cutting measures with the starkest realisation yet that we will see billions of pounds wiped off the UK government budget in the coming years.

While some may say that local authorities have "jumped the gun" this is exactly the type of initiative which David Cameron and his coalition partners have been looking for in what became known as the "big society" program. The truth is that by asking local residents the councils will effectively be able to pass the buck if further down the line there are complaints and criticisms of the measures taken. We will no doubt see a number of adventurous initiatives suggested by the public but will we really see any new initiatives put in place?

It will be interesting to see which services the public believe are vital to our everyday lives and which services and which benefits can be scaled back or even terminated.

Share this..

Related stories

Financial Guides

Financial Calculators

Our useful calculators can help you get your finances in order:



Latest News

Blogs

Helpful new tax year facts that could affect you and your money


Blog | Seven helpful new 2016/2017 tax year facts that could affect you and your money. Our recent online blog shares a brief outline on how to stay up to date.


Read more

Useful Links

Popular Searches

Please Enter More Details

 
Enter More Details
Continue