Averting strikes: Scottish councils have nearly £4 BILLION in reserves!

Edinburgh Council’s Labour/Tory/Lib Dem coalition leader, Cammy Day, says:

“Councils have been cash-strapped for many years. We are cutting services to the bone if we make any more cuts here in Edinburgh.

“We are calling on the Scottish government, who we know have hundreds of millions of pounds in reserves, to dig deep.

“If ever there was a rainy day that rainy day is now.”

https://www.bbc.co.uk/news/uk-scotland-scotland-politics-62531938

Hundreds of millions eh? See this:

I make that pushing £4 billion in reserves held by Scotland’s local authorities.

9 thoughts on “Averting strikes: Scottish councils have nearly £4 BILLION in reserves!

  1. The link provided in the articlec says

    “Local authorities are able to earmark, or set aside, part of their General Fund reserves for future use for a specific purpose. At 31 March 2021, local authorities’ had earmarked 71.1 per cent, or £1,682 million, of their General Fund reserves.”

    Could the LAs General Fund reserve define pay increases for public sector workers as a ‘specific purpose’?

    Liked by 2 people

  2. Sorry, maybe I missed something, but I get £4billion, not £4trillion.
    £4billion or usable reserves is nothing to be sneered at, though.

    Like

  3. RHE THREE STOGIE POLITICAL parties are now going to
    RUIN EDINBURGH AS THEY DID TO GLASOW

    FAILING TO SUPPORT WOMANS EQUAL PAY DEMANDS

    OF. COURSE THEY WANT SCOTS TO THINK THEY STAND FOR THEM
    WHEN THE LIARS JUST KEEP STEALING AND PUSHING MONIES BACK TO WESTMIBSTER

    Liked by 1 person

  4. I think I heard at ‘Scotland at 7’ that 15 councils in Scotland are refusing to set a budget for social care(?). Guess which councils, yep the ones the British Nationalist parties have taken from the SNP.
    They care nothing for the people of Scotland, in fact are detrimental to the wellbeing, prospects and prosperity of Scotland.

    Liked by 2 people

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