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Local Authorities enter 2026 still facing sustained financial strain. Despite uplifts in core spending power across the sector as a whole, pressures from social care demand, contract inflation and higher borrowing costs continue to erode resilience across the sector. Recent parliamentary evidence confirms that, whilst rare, the number of Section 114 notices issued since 2018 is at an all-time high, underlining the systemic nature of the challenge and the scrutiny on historic corporate investments and subsidiary performance.

Frederik Vinten to join firm’s Strategic Leadership Team to power next phase of growth Leading business and financial adviser Grant Thornton UK is excited to announce the appointment of Frederik Vinten as its new Chief Commercial Officer (CCO) to drive the firm’s commercial growth plans and strengthen client engagement across its service lines. The appointment signals the firm’s strong momentum following investment from Cinven and the calibre of leadership attracted to its growth agenda.

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