Accounting rules for councils will be relaxed by allowing additional capital receipts to be used for running costs. They will also be allowed to use borrowing powers in a similar way to meet current costs. This will be achieved through the capitalisation process by which the Government permits councils, in special circumstances, to treat revenue costs as capital costs.
Archives for March 8th, 2011
Headlines, PublicNet: 8 March, 2011
Headlines, PublicNet: 8 March, 2011
Women will be more negatively affected by this year’s public sector budget cuts than men, according to a report by Edinburgh Napier University.
The research findings show that while both sexes will be affected, women are likely to be disproportionately impacted as they are currently so well represented in the public sector. Women make up significantly more of the UK public sector workforce than men, around 65 per cent. The report found that the north east of England and Scotland have the highest proportion of women working in the public sector.