Commons committee says Treasury has ‘worryingly laissez-faire attitude’ to issue
Local authorities who are taking on risky levels of debt to shore up dwindling resources during the pandemic present a “significant risk” to the government’s finances, MPs have warned.
The Commons’ public accounts committee urged the Treasury on Friday to detail how it will manage the risk to the nation’s finances as the extra pressures of dealing with coronavirus adds to the pressure on councils.
