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For the latest information on the local government finance effects of the coronavirus pandemic, please refer to our COVID-19 page.

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Welcome to the

Society of County

Treasurers (SCT)

Website

Comprised of

Chief Financial Officers

of 39

English councils

Representing

47%

of the population

of England

Providing

services across

87%

of its land area

25-11-2020

The UK economy will shrink 11.3% this year according to official forecasts that lay bare the damage of Covid-19.

While the economy is expected to bounce back in 2021, it will not return to its pre-crisis size until the end of 2022.

The government will borrow £394bn this year to deal with the economic impact, the highest ever amount recorded in peacetime history. [more...]