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8 Jun 21
London Borough of Croydon is to close a subsidiary company selling adult mobility aids after it lost almost £300,000 in three years.
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7 Jun 21
Government inspectors pulled no punches in their final assessment of Northamptonshire County Council’s management in the run up to their intervention in May 2018. Read their full list of 13...
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7 Jun 21
City of Edinburgh Council will progress with a £30m housing pilot which could see former council homes sold back to the authority to cover essential repairs.
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4 Jun 21
Regulators have threatened to close down Luton Borough Council’s wholly-owned housing development company after it failed to file its accounts.
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4 Jun 21
The pandemic has allowed government to delay reform of local authority finances, but has only increased the scale of change needed.
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1 Jun 21
Tom Kiernan, associate at law firm Dentons, says a landmark Supreme Court appeal on alleged business rates avoidance is good news for local authorities.
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1 Jun 21
This summer’s expected boom in domestic holidaying will cause financial challenges for UK local authorities – but also opportunities.
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28 May 21
Amendments to international reporting standards proposed this week will see auditors demand more involvement with councils' processes for identifying fraud, an expert told PF.
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25 May 21
A two-person fraud team prevented £296,000 of fraud at a West Midlands council in 2020-21, a rise around 70% on the previous year.
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24 May 21
North Yorkshire County Council’s companies have forecast losses of more £600,000 in 2020-21 due to the impact of Covid-19 on their performance.
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21 May 21
Transport for London’s short-term outlook has been revised from negative to stable, due to government pledges to support the network's income pressures, according to ratings agency Standard and Poor’...
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21 May 21
A senior MP has questioned whether the new 'system leader' for local audit proposed by the government will possess the expertise to deal with the complexities of the sector.
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21 May 21
The government's preference for providing grants through competitive bidding creates a vicious cycle that hurts authorities most in need of the money, says CIPFA chief executive Rob Whiteman.
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20 May 21
Government proposals on local audit have gained a qualified welcome from the sector – but questions still remain, say experts – PF rounds up the reaction.
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19 May 21
The government has proposed making the replacement to the Financial Reporting Council the new system leader for local audit, following the Redmond Review.
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18 May 21
A combination of pressures from Brexit and the coronavirus pandemic could squeeze city council revenues and put more pressure on budgets, according to ratings agency Standard and Poor’s.
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17 May 21
Torbay Council proposes borrowing at least £45m to lend to a recently-created housing subsidiary, to help boost the number of affordable homes in the borough.
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14 May 21
The Supreme Court has allowed a group of local authorities to pursue a claim for business rates against landlords who transferred properties to special purpose vehicles, in a case which could result...
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14 May 21
The London Borough of Newham has approved plans to spend hundreds of millions of pounds in the next three years to regenerate and add to its housing stock.
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14 May 21
Consultation shows support for online sales tax, but briefing raises questions over appetite for change.
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14 May 21
Legislation aimed at flagging up financial issues in UK local authorities is outdated and needs an overhaul, according to London Borough of Croydon's interim finance chief.
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13 May 21
Audit Wales has asked the police to investigate the accounts of a South Wales council as part of an annual audit.
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12 May 21
The London Borough Croydon has proposed reprofiling a £69.2m arts centre refurbishment as capital spending, after council subsidiary Brick by Brick was “unable” to fund the project.
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11 May 21
Slough Borough Council did not understand the risks of low reserve levels, a damning report has said.
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11 May 21
Belfast City Council has rejected a commercial investment strategy, put forward with the aim of helping raise additional funds and finance the authority’s Covid-19 recovery.
8 Jun 21London Borough of Croydon is to close a subsidiary company selling adult mobility aids after it lost almost £300,000 in three years.
7 Jun 21Government inspectors pulled no punches in their final assessment of Northamptonshire County Council’s management in the run up to their intervention in May 2018. Read their full list of 13...
7 Jun 21City of Edinburgh Council will progress with a £30m housing pilot which could see former council homes sold back to the authority to cover essential repairs.
4 Jun 21Regulators have threatened to close down Luton Borough Council’s wholly-owned housing development company after it failed to file its accounts.
4 Jun 21The pandemic has allowed government to delay reform of local authority finances, but has only increased the scale of change needed.
1 Jun 21Tom Kiernan, associate at law firm Dentons, says a landmark Supreme Court appeal on alleged business rates avoidance is good news for local authorities.
1 Jun 21This summer’s expected boom in domestic holidaying will cause financial challenges for UK local authorities – but also opportunities.
28 May 21Amendments to international reporting standards proposed this week will see auditors demand more involvement with councils' processes for identifying fraud, an expert told PF.
25 May 21A two-person fraud team prevented £296,000 of fraud at a West Midlands council in 2020-21, a rise around 70% on the previous year.
24 May 21North Yorkshire County Council’s companies have forecast losses of more £600,000 in 2020-21 due to the impact of Covid-19 on their performance.
21 May 21Transport for London’s short-term outlook has been revised from negative to stable, due to government pledges to support the network's income pressures, according to ratings agency Standard and Poor’...
21 May 21A senior MP has questioned whether the new 'system leader' for local audit proposed by the government will possess the expertise to deal with the complexities of the sector.
21 May 21The government's preference for providing grants through competitive bidding creates a vicious cycle that hurts authorities most in need of the money, says CIPFA chief executive Rob Whiteman.
20 May 21Government proposals on local audit have gained a qualified welcome from the sector – but questions still remain, say experts – PF rounds up the reaction.
18 May 21A combination of pressures from Brexit and the coronavirus pandemic could squeeze city council revenues and put more pressure on budgets, according to ratings agency Standard and Poor’s.
17 May 21Torbay Council proposes borrowing at least £45m to lend to a recently-created housing subsidiary, to help boost the number of affordable homes in the borough.
14 May 21The Supreme Court has allowed a group of local authorities to pursue a claim for business rates against landlords who transferred properties to special purpose vehicles, in a case which could result...
14 May 21The London Borough of Newham has approved plans to spend hundreds of millions of pounds in the next three years to regenerate and add to its housing stock.
14 May 21Consultation shows support for online sales tax, but briefing raises questions over appetite for change.
14 May 21Legislation aimed at flagging up financial issues in UK local authorities is outdated and needs an overhaul, according to London Borough of Croydon's interim finance chief.
13 May 21Audit Wales has asked the police to investigate the accounts of a South Wales council as part of an annual audit.
11 May 21Slough Borough Council did not understand the risks of low reserve levels, a damning report has said.
11 May 21Belfast City Council has rejected a commercial investment strategy, put forward with the aim of helping raise additional funds and finance the authority’s Covid-19 recovery.
