Kent County Council is preparing its treasury resources for a no-deal Brexit.
A treasury management update to councillors this week said that there is little political clarity as to whether a deal will be agreed by 31 October.
It said: “Particularly as this new leave date approaches KCC will ensure there are enough accounts open at UK domiciled banks and money market funds to hold sufficient liquidity and that its account with the Debt Management Account Deposit Facility (DMADF) remains available for use in an emergency.”
