News and Views‎ > ‎

Surrey County Council Profit warning?

posted 20 Jul 2018, 03:00 by Peter Webb

Will Surrey County Council be issuing another profit warning in the Summer like Carillion? They effectively did so last Autumn with the 15% council tax scare. The 2018-19 financial budgets have not so far revealed themselves in detail.   Is there included  a multi-million unidentified savings item representing a risk which could turn into a profit warning this year a la Carillion? Resident service dependents and taxpayers are not getting re-assurance mainly because it is a central government problem. Will the Annual Report due around end-June reveal all? (from UPDATE to all supporters and correspondents on 7th April)

Comments