Councils could be subject to greater regulation if the sector continues to make controversial commercial property investments, CIPFA’s chief executive has warned.
More than two-thirds of consultant surgeons have cut their NHS working hours to avoid paying excessive levels of tax on their pensions, polling has found.
Scottish ministers have asked the Treasury to review the Scottish Government’s borrowing limits “as a matter of urgency” in the light of growing concerns over the volatility of tax receipts north of...
Handing Local Government Pension Scheme investments to ‘passive fund’ managers would spark pushback from the scheme’s stakeholders, CIPFA’s pensions advisor has told PF.
The value of Kent County Council’s pension scheme investment in the troubled Woodford fund has fallen by £36m, figures from the local authority have revealed.
English local authorities expect austerity to continue, according to CIPFA chief executive Rob Whiteman, as latest figures showed they have added to their reserve levels.
Scotland’s net fiscal balance has improved slightly on last year, with an increase in revenues outstripping a rise in public sector expenditure, according to the latest figures.
It is becoming increasingly important to account for assets and liabilities in the public sector because of the rise of commercialisation, the spending watchdog has said.
District councils are juggling a host of financial challenges as they face greater spending commitments at a time when funding is falling and when many of the challenges on the horizon are ‘unknowns’.
Pivotal choices loom on local government funding but if we don’t address what we expect from our councils we risk a system that fails to meet needs, says the IFS’ David Phillips.
Northamptonshire County Council has reported a budget underspend - as the prime minister tells MPs she will seek to reorganise the local authority “as soon as practical”.