Strategic advice & funding for housing, care & support providers

Contact us now to discuss your requirements

    A report by the Public Accounts Committee (PAC), has warned that the Department for Communities and Local Government (DCLG) has been “complacent” over the risk councils face from increasing commercial activities to yield income.

    Inside Housing gave an account of the committee’s report, thus:

    “The department does not have good enough information to understand the scale and nature of authorities’ commercial activities or which authorities are placing themselves at greatest risk and it does not use the information it does have to give it a cumulative picture of risks and pressures across the sector.”

    According to the committee:

    • The DCLG suggested these activities are majorly an extension of long-standing activities and not necessarily more risky
    • Authorities are aware that new risks come from councils developing houses for market rent
    • Councils may not have the commercial skills and experience required amongst both members and officers
    • If commercial decisions fail, council taxpayers will eventually pay the billl and other council services will be under threat
    • DCLG and the Treasury have not been able to explain why councils’ investments on deposits are now at record levels
    • Investments on deposits grew to £26.1bn in 2015-16, compared to £18.5bn in 2010-11

    The PAC has also asked the DCLG to send it an update – on how it is intensifying it understanding of council’s commercial activities, with a particular focus on risk- by summer 2017.

    What do you think?

    Please tweet comments @suppsolutions

    November 18, 2016 by Abimbola Duro-David Categories: Client Groups

    Latest Briefing

    Introduction The National Statement of Expectations for Supported Housing (NSE) was finally published on 20 October 2020, five years after the 2015 Comprehensive Spending Review suggested regulatory and oversight changes were needed, although in 2018 the government >>>

     

    Customer endorsement

    Revenue Optimisation

    "We really appreciate the work that Support Solutions did for Home Group in securing significant additional revenue for our supported housing schemes. This really will make a positive difference to the way in which we support our vulnerable tenants".

    Dave Coope - Home Group

    Quick Contact