Tag Archives | New Homes Bonus
Council fails to spend £5,000,000 jobs fund two years on

Council fails to spend £5,000,000 jobs fund two years on

Sheffield City Council has come under further fire for spending just a small fraction of a key jobs fund, almost two years after its creation. The Council’s Local Growth Fund, which was created using Government investment in 2011, has spent just £744,000 so far out of total budget of £5.3 million – just 14%. The […]

Read full story Comments { 0 }
Labour councillors slammed as key funds remain unspent

Labour councillors slammed as key funds remain unspent

Labour leaders of Sheffield City Council have been slammed for failing to spend key funds more 18 months after they were first made available. Of the £5.3 million given to the Council by the Coalition Government through its New Homes Bonus just £420,000 – less than 10% – has been spent to date. The revelation […]

Read full story Comments { 0 }
Council finance officers slam Labour failure to spend jobs fund

Council finance officers slam Labour failure to spend jobs fund

Independent finance officers on Sheffield City Council have slammed Labour councillors for failing to spend a fund earmarked for economic growth. Their comments, which refer to the Council’s Local Growth Fund, come as a major embarrassment to the current Labour administration. The fund was formed using £5.3 million of Government money, allocated through the New […]

Read full story Comments { 0 }
Councillors shocked as £1,600,000 of Government funding left unspent

Councillors shocked as £1,600,000 of Government funding left unspent

Labour’s leaders on Sheffield City Council have been left red-faced as it transpired that £1.6 million of Government funding for Sheffield housing has been left unspent. In April 2011, the Labour-run authority was awarded £1.96 million through the Coalition Government’s New Homes Bonus. However, new figures have revealed that just £279,000 of the funding was […]

Read full story Comments { 0 }
Dithering from Labour Council costs Sheffield over £500,000

Dithering from Labour Council costs Sheffield over £500,000

Labour controlled Sheffield City Council will see over £500,000 less investment through the ‘New Homes Bonus’ fund next year, after Labour councillors failed to bring homes back in to use or promote the development of new local houses. The New Homes Bonus, which was introduced by the Coalition Government, rewards local councils for building – […]

Read full story Comments { 0 }