Crisis facing local government worsens as a fifth of earmarked cash is used up in EnglandCouncils across England have burned through a fifth of the reserves earmarked for schools and special needs pupils in a single year,in the latest sign of the cash crisis facing local government.
The enormous raid on schools reserves – the highest figure for more than a decade – meant they fell by half a billion pounds in the final financial year, according to figures published by the government.
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Source: guardian.co.uk