When they meet their target, there will still be an £11 million hole in the finances
But when they meet their target, there will still be an £11 million hole in the finances.
The board is planning to cut £18.3 million from its budget – equivalent to five per cent – this year, which would still result in a £33 million overspend. Ms Kerr’s update revealed that at a special meeting last month it was agreed to stick with the five per cent target “unless significant additional opportunities arise as a result of Scottish Government interventions”.
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