Nottingham City Council's opposition leader says he is "disturbed" by the authority not publishing a damning report into its finances. The council has so far published a summary of a review by Ernst and Young (EY), which found that urgent action was needed to avoid "inappropriate financial activity."
The report was commissioned after it was revealed in 2021 that money which should have been spent on the council's housing stock was illegally being spent in other areas. More than £40 million was misspent and due to inflation, it was said earlier this year that the cost of paying this back could eventually reach up to £51 million.
EY's review highlighted issues including missing records and said the council's ability to provide "proper financial stewardship" is being held back. But the authority is refusing to publish the EY report in full.
