Nottingham City Council has proposed more than £12.2m of new savings, to help manage a widening budget deficit next year, including closing multiple children’s centres.
The government is set to reduce the amount of grant funding pots available to local government, to help simplify the bidding process, a senior minister has told MPs.
CIPFA has announced its intention for a ‘soft launch’ of its forthcoming revised Prudential and Treasury Management Codes, with full implementation set to be expected for 2023-24 strategies.
UK councils will have an additional three months to deliver projects from a post-Brexit funding pot, after the government yesterday announced the delayed allocations.
The government should not provide additional financial flexibilites to Peterborough City Council unless it offloads at least £43.5m of property, according to a review by CIPFA.
A government-appointed improvement board has voiced worries about the Nottingham City Council's timetable for adopting a medium term financial strategy, which is seen as key to delivering financial...
The quality of local audit improved on last year despite "disappointing" performance on meeting deadlines, according to the Financial Reporting Council.
Accountancy firm Grant Thornton has been fined more than £700,000 by the Financial Reporting Council for serious failures connected to its auditing of outsourcing firm Interserve.
Despite rumours to the contrary, changes to CIPFA’s Prudential and Treasury Management Codes mean councils must re-examine their investment strategies, says Richard Lloyd-Bithell.
Experts are sceptical that £2.6bn announced in the 2021 Autumn Budget and Spending Review to replace European Union support will be enough to meet previous sums.
The government has shied away from a fundamental reform of the business rate system in the 2021 Autumn Budget and Spending Review, with experts saying councils still lack long-term...
The government is set to appoint commissioners to take over governance and financial scrutiny at Slough Borough Council following two critical independent reviews.
Next week’s Spending Review is likely to see the government indicate the future of delayed reforms to local authority finance, according to the government.
A council is to use £10.5m of reserves earmarked for tackling Covid-19 to slash the amount of capital borrowing needed to fund services under special arrangements approved earlier this year by...
Liverpool City Council has formally terminated a highways development contract after the construction firm carrying out the works went into administration.
The London Borough of Bexley has decided not to use £5.1m additional financing flexibilities it was granted by central government this year, due to a “sound” financial position.
Canterbury City Council is set to borrow up to £4m towards the cost of recladding three authority owned tower blocks, in preparation for new rules introduced following the Grenfell Tower...