Local Government Finance Bill

My hon. Friend is making the case very cogently that council treasurers will take a prudent view; does she agree that that runs completely counter to the advice that councillors are getting from the Secretary of State, who is talking about reserves being ““piggy banks””, and who says:"““These untapped funds exist to ensure councils can respond to unexpected situations like the pressing need to tackle the nation's unprecedented level of debt””?" That advice clearly runs contrary to the principles of good local government, and it simply will not and cannot be followed by councils.