Councils in England will be required to provide more information on reserve levels to the government, in a bid to improve Whitehall's understanding of financial risks.
West Lothian Council has agreed to guarantee the financial position of a wholly-owned local leisure operator until the end of April, after Covid-19 impacted on its finances.
Luton Borough Council has defended its annual capital borrowing limit, which will rise to £1bn over the next four years due to the “devastating impact” of Covid-19.
Opening the public sector audit market to new entrants will require a collective, system-wide effort says Julie Schofield, senior manager of business and procurement at local authority audit body...
The London Borough of Croydon has appointed its fourth finance director in less than three years, as the council strives to improve its financial situation.
Shetland Island Council must reduce its reliance on reserves to help manage budgetary pressures in future years, according to the authority's finance chief.
The government will compensate English and Welsh councils as it proposes moving responsibility for collecting more than £300m of business rates tax to the Treasury.
Westminster City Council’s management of an over-budget local attraction which has become a national laughing stock has been branded ‘as an exercise in unaccountability’ by the authority's...
CIPFA has launched a new value-for-money toolkit in partnership with the Government Outcomes Lab (GO Lab) based within the University of Oxford’s Blavatnik School of Government.
Government proposals to limit commercial investment by local authorities, including the potential re-introduction of borrowing caps, are credit positive for the sector, according to ratings...
City of Edinburgh Council has failed to identify the potential costs of exiting emergency Covid-19 traffic reduction schemes, according to its internal auditors.
Rental arrears for properties owned by Liverpool City Council almost doubled last year, as Covid-19 impacted on commercial tenants’ ability to cover payments.
The London Borough of Bromley will provide £20m of its own resources for a joint-venture aimed at providing 300 homes at affordable rent for residents.
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.
Crisis-hit Slough Borough Council is unlikely to recover £10m of “inappropriately authorised loans” for the removal of cladding at an authority-owned tower block, ...
A borough council failed to carry out proper investigations before spending £100m on a shopping centre and surrounding properties in its area, according to an independent report.