Nottingham City Council says it will spend an extra £600,000 on a consultancy company to make sure that it becomes a "financially robust" authority. The council recently announced that it had approved the spending of up to £611,916 on PricewaterhouseCoopers (PwC).
That came on top of a spend of up to £500,000 which had already been approved for PwC around a year ago. The company is being paid by Nottingham City Council to support its work on delivering a financial improvement plan.
The council is drawing up such a plan after the Improvement and Assurance Board (IAB) overseeing the authority said improvements were needed in terms of financial management and governance arrangements. The IAB was appointed after issues including the collapse of Robin Hood Energy and the misspending of £40m.
