Nearly three-quarters of the forecast deficit is being put down to soaring inflation costs.
Glasgow City Council is facing a budget shortfall of £119.4m, with soaring inflation expected to account for almost three-quarters of that total.The forecast will be used for budget proposals to be considered next year.
Some £80.1m of that total is expected to come from pay inflation, with officials anticipating next year's pay settlement for workers to increase. The next largest cost is made up of budget pressures such as rising utility costs and "the revenue consequences of capital investment". Properties valued at about £200m – including the Kelvingrove Museum and Art Galleries and City Chambers – are being sold to a council-owned property firm, which then leases them back.Kelvingrove Museum and Art Galleries is among the properties being sold off by the council
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Nearly 20,000 Acute Care Hospital Positions Unfilled in Mass., Study EstimatesHospitals across the Bay State are entering crisis mode as they struggle to fill full-time positions. Nineteen thousand full-time acute hospital positions are currently open throughout Massachusetts, according to an estimate by a new study from the Massachusetts Health and Hospital Association. Providers that represent 70% of total acute care hospital employment took part in the survey. The highest vacancy…
Lire la suite »
Man ‘nearly called the police’ after spotting 'lifelike' Halloween decorationAn utterly terrifying Halloween decoration left one unsuspecting passer-by in absolute shock. So much so he almost called the police to report a dead body.
Lire la suite »
Covid-19: Nearly 5,000 Covid-related deaths registered, inquiry toldGroup calls for Covid-19 public inquiry to consider why Ireland was not considered single land mass during pandemic response Covid19
Lire la suite »
PlayStation Plus has lost nearly 2 million subscribers since its revamp | VGCPlayStation Plus has lost nearly 2 million subscribers since its revamp in June, with Sony blaming declining third-party game sales and ‘more people going outdoors’.
Lire la suite »
37 stylish stocking fillers under £100 for the fashion-lover in your lifeThere are two camps when it comes to Christmas: those who prepare, preen and plan, and those who don’t.
Lire la suite »
Lincolnshire's disabled suffer benefits cuts after long hospital staysLincolnshire’s disabled suffer benefits cuts after long hospital stays
Lire la suite »