My hon. Friend is absolutely right about reserves. In 2007, Hull was hit by terrible flooding, which caused a lot of damage. One thing reserves are used for is for emergencies like that—to deal with unforeseen disasters. What will happen if we have a similar flood situation again and the council has spent all its reserves?
Local Authority Financial Sustainability: NAO Report
Proceeding contribution from
Emma Hardy
(Labour)
in the House of Commons on Tuesday, 20 March 2018.
It occurred during Debate on Local Authority Financial Sustainability: NAO Report.
About this proceeding contribution
Reference
638 c87WHSession
2017-19Chamber / Committee
Westminster HallLibrarians' tools
Timestamp
2022-08-28 18:47:40 +0100
URI
http://hansard.intranet.data.parliament.uk/Commons/2018-03-20/18032056000067
In Indexing
http://indexing.parliament.uk/Content/Edit/1?uri=http://hansard.intranet.data.parliament.uk/Commons/2018-03-20/18032056000067
In Solr
https://search.parliament.uk/claw/solr/?id=http://hansard.intranet.data.parliament.uk/Commons/2018-03-20/18032056000067