A public sector fund run by fund manager CCLA has reached £1bn for the first time since its launch in 2011, due to the financial uncertainty surrounding the coronavirus pandemic.
The Financial Reporting Advisory Board has considered options to report financial positions while maintaining accountability, writes CIPFA’s Don Peebles.
Liverpool’s combined authority has warned its funding gap could hit £250m as a result of the coronavirus pandemic, and has written to the government calling for ‘fairer funding’.
Spelthorne Borough Council has received 90% of its March quarter rent due on its commercial assets, despite the economic disruption caused by the coronavirus pandemic.
Local authorities have turned processes upside-down overnight, but staying true to key principles will keep them on track, argues corporate director of resources at the London Borough of Newham...
Jake Bacchus, director of financial services at the London Borough of Waltham Forest, tells PF how the authority is coping with the challenges caused by the coronavirus pandemic, and what it is doing...
Councils should look into the Municipal Bonds Agency for their borrowing, and the increasing number of authorities doing so shows it has an important role to play, argues law firm Browne Jacobson's...
Colchester Borough Council has become the latest of around 20 authorities to furlough some staff in a bid to offset the financial impacts of the coronavirus pandemic.
Public sector procurement in April fell to a record low, with fewer than 900 new opportunities published, figures from government contract analysts Tussell show.
During this unprecedented crisis, we have heard many fantastic stories of public sector finance professionals and their colleagues going the extra mile to help deliver frontline public services.
The County Councils Network has called for clarity from the government on emergency coronavirus funding, as adult social care costs have soared by almost £1bn.
Oldham County Council has become the latest to call on the government to provide further funding to authorities, as they struggle to offset costs incurred during the coronavirus pandemic.
The government has written to local authorities to confirm an extension to the deadline for statutory audit, due to the increased disruption caused by coronavirus.
