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DoE TO CONSULT ON BORROWING AGAINST COSTS OF STRUCTURE REVIEW

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A consultation paper on arrangements for councils to borrow against the costs of the structure review was launched ...
A consultation paper on arrangements for councils to borrow against the costs of the structure review was launched today by Environment Secretary John Gummer.

Mr Gummer said: 'One issue affecting a small number of authorities in 1994-95 is the start up costs of local government reorganisation.

'Our intention is that in 1994-95 authorities should be able to borrow for any such costs, and I am today issuing a consultation paper on the detailed arrangements'.
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