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5 Jan 22
The Financial Reporting Council has fined accounting firm Mazars £250,000 over "insufficient and undocumented” challenge on the valuation of refurbishment costs in a local authority audit.
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4 Jan 22
Great Yarmouth Borough Council is to set up a new subsidiary company to manage services, after it decided against extending a joint venture.
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4 Jan 22
The UK chancellor touted his low tax credentials while raising taxes to their highest level since the 1950s in his Autumn Budget.
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4 Jan 22
An improved financial outlook means Peterborough City Council is unlikely to need to use capital financing flexibilities which it previously requested from central government, it has emerged.
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4 Jan 22
With employee activism on the rise, public sector leaders need to assess their own attitudes towards social and environmental change.
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23 Dec 21
Nottingham City Council has agreed to sell an investment property in Birmingham, citing the risks associated with owning it.
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21 Dec 21
Richard Lloyd-Bithell reviews the big treasury management developments over the past year – and highlights the issues that are set to dominate the agenda in 2022.
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21 Dec 21
In October, Tees Valley Combined Authority became the first authority to agree a loan with the recently-launched UK Infrastructure Bank. PF speaks to Gary MacDonald, group director of finance and...
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20 Dec 21
The UK government has doubled the amount of funding provided to devolved administrations to tackle Covid-19 from the £430m pledged last week.
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20 Dec 21
PF rounds up the five biggest local authority treasury management stories that got readers clicking over the past 12 months.
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20 Dec 21
CIPFA chief executive Rob Whiteman discusses the major changes to the Prudential Code and Treasury Management Code, which have been published today.
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20 Dec 21
The final version of CIPFA’s Prudential Code has been adopted after a consultation taking the best part of a year.
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17 Dec 21
Local authorities in England are set to receive £45m over the next three years, alongside extended accounts deadlines, to help improve the timeliness of local audit.
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16 Dec 21
The incorporation of local authorities trading companies to deliver direct services to their communities has increased over the past 10 years in an environment of reduced funding from central...
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16 Dec 21
2021 has been another testing year for public finance professionals. But how well can you remember the events of the past 12 months? Take our annual Christmas festive quiz to find out.
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15 Dec 21
Nottingham City Council has issued a Section 114 notice over the “unlawful” use of almost £16m of funds which should have been allocated for housing.
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15 Dec 21
As 2022 draws nearer, PF rounds up the best-read stories of the current year.
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15 Dec 21
Bolton Council has revealed that its application for £16m from the Levelling up Fund – which was not granted by Whitehall – was submitted late due to the documents being too...
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14 Dec 21
Former National Audit Office director Aileen Murphie has been appointed to chair a new CIPFA panel to provide guidance on professional conduct and best practice.
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14 Dec 21
Cash-strapped Slough Borough Council could be facing financial pressures of more than £300m by 2025, according to its finance director.
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14 Dec 21
The London Borough of Barnet is set to insource five more services over the next year from its outsourcing contractor Capita.
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14 Dec 21
PF speaks to Duncan Whitfield, strategic director of finance and governance at the London Borough of Southwark about the treasury management challenges he faces as part of his role.
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10 Dec 21
Cash-strapped Peterborough City Council is set to freeze its capital spending in 2021-22, and nearly eliminate new borrowing next year.
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10 Dec 21
External auditors have issued a number of statutory recommendations to Sandwell Council, following what it said was a breakdown of relations between senior officers and members and a lack...
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9 Dec 21
English councils' net spending on highways and transport more than doubled last year, due to a reduction in income caused by Covid-19, according to outturn figures.