Public Sector - Reserving: Emerging into the sun?
After the harsh winter, John O'Neill takes a look at the challenges facing local authorities in terms of reserving for future events. Is the outlook still bleak or is the sun on the horizon?
We have just seen the worst winter on record since the 1960s, with costs to the economy estimated, at one stage, to be running at £500m to £1bn per day. Inevitably, there has been a resulting increase
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