In October, Tees Valley Combined Authority became the first authority to agree a loan with the recently-launched UK Infrastructure Bank. PF speaks to Gary MacDonald, group director of finance and...
Two-thirds of respondents to a consultation on a strengthening of the Prudential Code support adopting the proposed new wording without amendment, a senior CIPFA figure has revealed.
Liverpool City Council has completed the refinancing of £65m of ‘lender option borrower option’ (LOBO) loans with borrowing from the Public Works Loan Board.
As interest rates expectations change we observe a wider spread of pricing in the “LA to LA” market. Does this represent an opportunity for borrowers and investors?
Councils with PFI contracts need to consider a number of implications resulting from the transition to a new benchmark interest rate, says David Moore.
NHS supply chain finance schemes promoted by former Downing Street advisor Lex Greensill delivered no evidence of promised savings, according to the National Audit Office.
The Treasury has set out a series of sustainability standards for investments it will introduce as part of the government’s drive towards net zero carbon emissions.
Bank of England governor Andrew Bailey has given another strong hint that interest rates could rise, sparking concerns from one former member of the bank’s monetary policy committee.
Some central banks, including the Bank of England, may need to take additional actions if inflationary pressures persist past the middle of next year, according to the IMF.
Heightened inflation caused by global supply chain issues and labour shortages could continue into the middle of next year, according to the Bank of England’s new chief economist.
Inflation could run above the Bank of England 2% target going into 2023, as supply shortages led to CPI spiking this year, according to ratings agency Standard and Poor’s.
The Treasury’s inaugural £10bn bond targeting investments in net zero projects, received more than £100bn of bids from the market, according to reports.
Simon Gray, head of finance and operations at Agilisys discusses how modern financial management systems can help public sector finance directors embrace active financial planning and agile financial...
Hertfordshire County Council has been able to claw-back 96% of historical deposits in failed Icelandic banks after final payments were made last year, it has emerged.
A city council will take on £107m of debt to repay £65m of 'lender option, borrower option' loans, but still expects to save £18m over the life of the debt.
The size of quantitative easing undertaken in response to Covid-19 could test the Bank of England’s independence from ministers, according to a Parliamentary committee.
The government has failed to budget for £30bn of additional costs resulting from Covid-19 over the next three years, according to the Office for Budget Responsibility.
Brighton and Hove City Council has deferred a £1.2m loan payment from Brighton i360, a 530ft viewing tower, to help with its cash flow – over fears the attraction’s failure would cost more in the...
