Close Menu
Invest Insider News
    Facebook X (Twitter) Instagram
    Saturday, May 16
    Facebook X (Twitter) Instagram Pinterest Vimeo
    Invest Insider News
    • Home
    • Bitcoin
    • Commodities
    • Finance
    • Investing
    • Property
    • Stock Market
    • Utilities
    Invest Insider News
    Home»Finance»Beleaguered Gloucester City Council to bolster finance team after ‘chaotic’ time
    Finance

    Beleaguered Gloucester City Council to bolster finance team after ‘chaotic’ time

    April 2, 20264 Mins Read


    The authority had to be bailed out by the Government to avert effective bankruptcy

    Gloucester City Council is bolstering its finance team to put the authority on an even keel and prevent another financial disaster.

    Civic chiefs have approved plans which will see the team have a total of 17 members of staff within a new management structure.

    The council has averted becoming effectively bankrupt after overspends of millions of pounds came to light last year, with the Government granting the authority a £15.5m emergency bailout loan in February.

    As part of their recovery efforts, £250,000 has been set aside in the budget to provide the anticipated expansions to the finance and asset management team.

    During the overview and scrutiny committee meeting on Monday (March 30), chairman Andrew Gravells (C, Abbeydale) said the report described the previous finance team as “dysfunctional”, “abrasive” and noted they “weren’t talking to each other”.

    Council leader Jeremy Hilton (LD, Kingsholm and Wotton) explained that the cabinet requested a report into the capacity, capability and resilience of the finance team after the “first of the financial headaches” emerged in September.

    “We were concerned that this was one of the problems,” he said.

    “We had a new section 151 officer take up office in April and we could see that there were problems there.

    “We just thought the most effective thing to do would be to have an independent review of the finance team.”

    At the start of the meeting Cllr Gravells (C, Abbeydale) praised Alison Turner, whose arrival at the council as head of finance and resources was commended and described as “a breath of fresh air”.

    Ms Turner said she might be the only one singled out in the report but it has been a “real team effort”.

    “The finance team has worked really well together,” she said.

    “[There has been] a huge amount of challenge and we’ve still got a lot of challenges but we’ve made significant improvements in the last six months.

    “And we’ve got a real plan to continue with that.”

    She added that she is “only as good as the team I’ve got around me”.

    Labour councillor Terry Pullen (Moreland) referenced the report, which said the finance team “is a collection of unsettled individuals rather than a team” and that “there is quite a difference in culture in many parts of the team which is a bit worrying”.

    He said the improvements suggest everyone be in the office one day a week, questioning: “Is one day enough to bring everyone together?”

    He also asked what impact the changes would have on staff who have “got used to working from home culture”.

    Ms Turner said the financial services culture was not just about coming about into the office but about the way they work.

    “A lot of the issues are to do with the current structure,” she said.

    “It is not very defined. The roles are quite confusing with how people fit in and who people report to.”

    She said it was a package of changes which will improve the way they work.

    Liberal Democrat councillor Anne Radley (Elmbridge) said the report suggested “things have been fairly chaotic”.

    “It seems the finance team has done its very, very best to get done what it needs to do with the resources that are available to it,” she said.

    “How confident are you that these structures will give you enough to actually move to a point of stability?”

    Ms Turner said she currently does not have the resources to do everything they need to do. But she is confident once the structure is filled, they will have the resources they need at the right level.

    “We will have the capacity and capability to deliver what we need to deliver,” she said.

    “The big challenge is getting that structure filled.”



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleIs now the time to buy European defence? Morgan Stanley weighs in By Investing.com
    Next Article Bitcoin Price Slides Toward $66k As Market Waits On Iran

    Related Posts

    Finance

    OpenAI previews personal finance features in ChatGPT Pro

    May 15, 2026
    Finance

    ChatGPT Just Got a Personal Finance Upgrade

    May 15, 2026
    Finance

    AI Finance Transformation: 8020 & Invoke Partnership

    May 15, 2026
    Leave A Reply Cancel Reply

    Top Posts

    How is the UK Commercial Property Market Performing?

    December 31, 2000

    How much are they in different states across the US?

    December 31, 2000

    A Guide To Becoming A Property Developer

    December 31, 2000
    Stay In Touch
    • Facebook
    • YouTube
    • TikTok
    • WhatsApp
    • Twitter
    • Instagram
    Latest Reviews
    Bitcoin

    Can XRP Outperform Bitcoin Further This Bull Cycle?

    September 8, 2025
    Utilities

    Utilities sector set to continue growing this year

    October 14, 2025
    Bitcoin

    Jack Dorsey’s Square Launches Bitcoin Payments for 4M Merchant

    November 10, 2025
    What's Hot

    Proposed N.B. Power rate increase hits wall of opposition during final arguments

    August 26, 2024

    Shanti Gold International IPO listing date today; GMP signals strong share debut in stock market today

    July 31, 2025

    Tether Augmente ses Réserves de Bitcoin avec un Achat de 735 Millions de Dollars

    April 1, 2025
    Most Popular

    Can XRP Outperform Bitcoin Further This Bull Cycle?

    September 8, 2025

    Value of Peter McVerry Trust property portfolio downgraded by €23m – The Irish Times

    November 17, 2025

    N.J. American Water seeking applications for diverse supplier development program

    August 5, 2024
    Editor's Picks

    Grayscale Adds to Bitcoin and Ethereum Offerings With New Avalanche Trust

    August 22, 2024

    BMO Equal Weight Utilities Index ETF (TSE:ZUT) Stock Price Down 0.1%

    August 21, 2024

    Les baisses de stratégie 6%, les principaux noms de crypto plus bas, car les stratégies du trésor bitcoin sont remises en question

    May 23, 2025
    Facebook X (Twitter) Instagram Pinterest Vimeo
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions
    © 2026 Invest Insider News

    Type above and press Enter to search. Press Esc to cancel.