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.
Tom Kiernan, associate at law firm Dentons, says a landmark Supreme Court appeal on alleged business rates avoidance is good news for local authorities.
Amendments to international reporting standards proposed this week will see auditors demand more involvement with councils' processes for identifying fraud, an expert told PF.
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’...
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.
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.
Government proposals on local audit have gained a qualified welcome from the sector – but questions still remain, say experts – PF rounds up the reaction.
The government has proposed making the replacement to the Financial Reporting Council the new system leader for local audit, following the Redmond Review.
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.
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.
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...
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.
Legislation aimed at flagging up financial issues in UK local authorities is outdated and needs an overhaul, according to London Borough of Croydon's interim finance chief.
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.
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.
South Lanarkshire Council has approved the transfer of £8m to its capital programme, after receiving additional Covid-19 funding from the Scottish Government.