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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.
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10 May 21
Portsmouth City Council is seeking a contractor to oversee maintenance of heating services at council owned properties worth at least £105m.
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7 May 21
South Lanarkshire Council has approved the transfer of £8m to its capital programme, after receiving additional Covid-19 funding from the Scottish Government.
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7 May 21
The London Borough of Lambeth will refund up to £26.6m in overcharged water fees to its tenants, after a high court appeal failed.
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7 May 21
Councils in England reported additional cost pressures of £12.8bn relating to Covid-19 in 2020-21, according to outturn figures from the Ministry for Housing, Communities and Local Government.
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7 May 21
Charlene Maginnis, Crown Commercial Service’s head of policy delivery – supply chain and service offering, explains how the Government’s rules on social value are shaping the public sector’s buying...
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5 May 21
Pandemic-related pressures have seen local authority funded nurseries cut services amid swelling budget gaps, a report has revealed.
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4 May 21
Some funding streams available to help local authorities in England fund energy-efficient initiatives are actively working against reducing emissions, a local government network organisation said.
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.
12 May 21The 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.
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.
10 May 21Portsmouth City Council is seeking a contractor to oversee maintenance of heating services at council owned properties worth at least £105m.
7 May 21South Lanarkshire Council has approved the transfer of £8m to its capital programme, after receiving additional Covid-19 funding from the Scottish Government.
7 May 21The London Borough of Lambeth will refund up to £26.6m in overcharged water fees to its tenants, after a high court appeal failed.
7 May 21Councils in England reported additional cost pressures of £12.8bn relating to Covid-19 in 2020-21, according to outturn figures from the Ministry for Housing, Communities and Local Government.
7 May 21Charlene Maginnis, Crown Commercial Service’s head of policy delivery – supply chain and service offering, explains how the Government’s rules on social value are shaping the public sector’s buying...
5 May 21Pandemic-related pressures have seen local authority funded nurseries cut services amid swelling budget gaps, a report has revealed.
4 May 21Some funding streams available to help local authorities in England fund energy-efficient initiatives are actively working against reducing emissions, a local government network organisation said.
