Southwark housing fund reduced to ‘lowest ever point’ after council dips into savings
Surging energy costs, rising inflation and housing repairs have forced Southwark Council to take £6.7 million from its housing reserves, bringing the fund to its “lowest ever point”. The council dipped into its savings after the housing revenue account (HRA), – which is used to fund housing stock maintenance – overspent by £19.8 million between … Continue reading Southwark housing fund reduced to ‘lowest ever point’ after council dips into savings
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