Wigan council’s leader has said ‘it is pouring it down’ as he plans to dip into their ‘rainy day’ funds ahead of what is thought to be a tough 2023 financially. In a world where some councils across the UK are facing bankruptcy, the Greater Manchester borough says they are ‘nowhere near’ reaching that point, but they may have to tighten their belts in some areas.
This comes in the wake of chancellor Jeremy Hunt’s statement last week. He set out his plan for cuts of £35 billion and tax rises of £20 billion to plug a gap of around £55 billion in public finances.
“It is absolutely throwing it down,” Council leader David Molyneux told the Local Democracy Reporting Service when asked about dipping into the ‘rainy day’ funds.
