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Westcountry councils sitting on stockpiles of £653m

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Westcountry councils have been urged to dip into their "piggy banks" in the face of austerity after it emerged authorities in the region are sitting on a cash stockpile of almost £655 million.

Local Government Secretary Eric Pickles has repeatedly criticised town halls for threatening cuts while hoarding cash reserves.

The Conservative minister ramped up the pressure last month when he said reserves have been increasing in recent years while some authorities "plead poverty".

Against threats to libraries, parks and bus services, official figures have emerged showing 20 councils across the region have stored just over £653 million.

Cornwall Council had £189 million in reserve to the end of March last year, and Devon County Council £108 million.

Plymouth City Council and Torbay Council have each around £37 million in the bank, while Dorset County Council has more than £95 million stored and Somerset County Council around £83 million.

Smaller district councils have banked between £1.6 million in West Devon and £15.2 million in East Devon.


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