Leicestershire County Council says it could raise £18m of revenue each year to fund services after agreeing an £89m expansion of its commercial property portfolio.
The government is close to approving two capitalisation directions worth £12.8m to help Eastbourne Borough Council meet funding gaps caused by Covid-19.
Government plans to procure personal protective equipment before Covid-19 were inadequate, leading to hundreds of millions of pounds being wasted on PPE not fit for purpose, according to a group of...
Closer working between external and internal auditors can help achieve better value for money, according to CIPFA advisers Diana Melville and Ellen Millington.
Help is at hand for local authorities looking to increase their anti-fraud capabilities, says Heidi Loren de Sousa, manager of CIPFA's Counter Fraud Apprenticeship programme.
West Berkshire Council is to shelve the uncompleted third of its £100m commercial investment plan following the introduction of new restrictions on borrowing from the Public Works Loan Board.
The number of loans taken from the Public Works Loan Board fell in January, with one treasury adviser saying Covid-19 payments from government could have weakened borrowing demand.
CIPFA is consulting on proposed strengthening training for treasury management staff, following the introduction of legislation allowing public bodies to use more complex financial tools.
The government has “no other credible alternative” to granting the London Borough of Croydon a capitalisation direction to ease its financial woes, a review it commissioned has concluded.
Richard Lloyd-Bithell, senior technical manager at CIPFA, runs through the new proposals for the Prudential Code in response to increased local authority investment in commercial property.
This week, PF revealed that the Valuation Office Agency has halted talks over business rates rebates for offices – but the government could still face a bill of £500m to compensate councils for lost...
Robert Jenrick fast-tracked grant funding to local authorities at the start of the Covid-19 crisis last year despite objections from civil servants, according to the National Audit Office.
The Valuation Office Agency has paused talks over hundreds of millions pounds worth of potential Covid-19-related business rates rebates for offices, PF has learnt.
Northampton Borough Council displayed significant governance failures over loans paid to its local football club Northampton Town FC, according to a public interest report issued by auditors this...
North Yorkshire County Council is proposing a 3.5% council tax rise – below the allowed maximum – for next year, despite a forecast medium term funding gap of £18m.
Covid-19 financial pressures for local authorities in England totalled £10.8bn during 2020, as forecast pressures for 2020-21 rose to £12.5bn, according to latest returns submitted to government.