Episode Details

Harborough District Councils property company, Harborough District Commercial Services, faces government intervention due to a £800,000 loss in taxpayer funds. The company, which owns retail spaces and flats, has struggled with accounting issues since its inception in 2019, leading to a £1.1 million drop in value and £820,000 in losses in 2023-2024. Staff turnover and lack of basic bank reconciliations have exacerbated the problem. Auditors have issued a disclaimer on the councils accounts for the second year in a row, giving the council until April to sort the books or face escalation to the Ministry of Housing, Communities and Local Government. Additionally, an internal audit revealed unsafe hotel placements for homeless individuals without proper safety checks. The councils fate will be discussed in July.

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