
S5 Ep5: Protecting local councils with Andy Pike
The We Society
Navigating Financial Challenges and Structural Reforms in Local Government
The chapter delves into how local governments are coping with financial issues, resorting to short-term solutions like reserves and asset sales. It explores the hurdles faced by combined authorities when individual local governments within them struggle financially, underscoring the need for structural changes towards self-government rights, fiscal devolution, and tax-raising powers. The conversation also critiques the outdated council tax valuation system in Britain, emphasizing the disparities it creates and calling for fair property taxation reforms to tackle inequality and boost economic growth.
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