Close Menu
Invest Insider News
    Facebook X (Twitter) Instagram
    Sunday, July 26
    Facebook X (Twitter) Instagram Pinterest Vimeo
    Invest Insider News
    • Home
    • Bitcoin
    • Commodities
    • Finance
    • Investing
    • Property
    • Stock Market
    • Utilities
    Invest Insider News
    Home»Finance»Temporary finance director joins Shropshire Council amid cash woes
    Finance

    Temporary finance director joins Shropshire Council amid cash woes

    January 22, 20262 Mins Read


    At a Transformation and Improvement Overview and Scrutiny Committee on Monday (January 19), Duncan Whitfield was introduced by Councillor Roger Evans, the portfolio holder for finance.

    Cllr Evans said Mr Whitfield was the interim director of finance for improvement.

    Shropshire Council's new interim director of finance for improvement, Duncan Whitfield (right) sat next to Councillor Roger Evans, the portfolio holder for finance. Picture: Shropshire Council's YouTube channel
    Shropshire Council’s new interim director of finance for improvement, Duncan Whitfield (right) sat next to Councillor Roger Evans, the portfolio holder for finance. Picture: Shropshire Council’s YouTube channel

    “He has just come to the council to assist us in delivering the financial plans this next year and the rest of this year,” said Cllr Evans.

    Mr Whitfield was formerly the strategic director of finance and governance and Section 151 Officer at the London Borough of Southwark.

    Since retiring in May 2023, he has been involved in interim and advisory roles.

    A Shropshire Council spokesperson said Mr Whitfeild has joined the orga nisation for up to six months “to help us with our plans and activity to become financially sustainable” and brings a wealth of experience.

    The local authority is facing severe financial difficulties and is currently trying to stave off the threat of issuing a Section 114 notice, which would effectively mean it would be bankrupt. If that happened, it would mean that the Government would likely appoint commissioners to take control of the council’s finances and operations.

    Shropshire Council has already applied for an exceptional financial support loan of just over £200 million which would see it through both this financial year, and the next. It has also asked the Government to re-evaluate how much it would receive through its multi-year settlement.

    At the same meeting, council leader Heather Kidd said commissioners would cost around £3 million to £4 million a year, on top of any borrowing it took.

    “We would much prefer to be borrowing to do things, rather than borrowing to make this a safe and efficient council, but that unfortunately is where we are at the present time,” she said.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleWelsh property transaction dubbed ‘world-first’
    Next Article Closing Bell: Market snaps 3-day losing streak; Sensex jumps 480 pts, Nifty above 25,300

    Related Posts

    Finance

    Beyond The Org Chart: The Real Challenge Of Finance Model Redesign

    July 23, 2026
    Finance

    ChatGPT Finance Tools Prompt Privacy Concerns Over Linked Financial Accounts

    July 22, 2026
    Finance

    New Money Brief newsletter brings you latest personal finance news | Personal Finance | Finance

    July 21, 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

    Strategy (MSTR) Sells 3,588 Bitcoin, Raises $216 Million

    July 6, 2026
    Bitcoin

    Nordic Bitcoin Education Initiative Deploys AI-Powered Tool to Address Energy Misconceptions

    May 1, 2026
    Bitcoin

    LATAM crypto news: El Salvador boosts Bitcoin push, Interpol busts leader of major crypto scam

    January 31, 2026
    What's Hot

    Solana treasury firm DeFi Dev Corp raises stock buyback to $100 million

    September 24, 2025

    BlackRock Plans To Tokenize ETFs Following Bitcoin ETF Success

    September 11, 2025

    Banks that saw US$3,000 gold coming are staying bullish

    March 17, 2025
    Most Popular

    Mastering The Basics Of Business Finance Management

    March 22, 2023

    Bitcoin Firm Blockstream Raises $210 Million to Boost Mining, Layer-2 Efforts

    October 15, 2024

    la défense séduit désormais la finance – Libération

    March 20, 2025
    Editor's Picks

    Opinion | To restore consumer confidence, China must save the property sector

    August 27, 2024

    Stock market today: Dow, S&P 500, Nasdaq gain ahead of Trump deadline for Iran deal

    April 6, 2026

    Bitcoin And Crypto Are Suddenly Braced For Two Major Price Earthquakes

    May 7, 2026
    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.