Government to investigate council's financespublished at 14:59 British Summer Time 23 October 2020
Kit Sandeman
Local Democracy Reporter
Government inspectors will be brought in to look at the finances of Nottingham City Council.
It comes after an external auditor issued a highly critical report into the council's handling of Robin Hood Energy, which has now been sold to the owners of British Gas with reported losses of £38m.
The Labour-run council has said it was "understandable" the government was carrying out the investigation, which it says would be a "short focused review that follows the publication of the Public Interest Report".
A spokesman for the Ministry for Housing, Communities and Local Government said: "We are monitoring the situation in Nottingham very closely. Councils have a duty to manage taxpayers' money responsibly and should be held to account where they are found to have failed to do so."
A Nottingham City Council spokesperson said: "The review will help the council build on the work we have already started since the summer to reappraise the priorities we have set out in light of the major challenges we face.
"We welcome good advice and guidance which will help us do better for the people of our city."