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16 Dec 20
London Borough of Croydon has requested permission from the government to use borrowing earmarked for capital projects on filling its revenue budget gap instead.
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15 Dec 20
At the end of a traumatic year, PF asks local government figures whether government has done enough to shield the sector from the financial impact of Covid-19.
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15 Dec 20
Leeds City Council has withdrawn its application for permission to use capital resources on day-to-day services following a funding boost from government.
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14 Dec 20
Covid-19 has only increased the need for governments around the world to take a consistent approach to reporting their financial balance sheets, says Gillian Fawcett.
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14 Dec 20
Local authorities could be required to provide central government with extra details on their commercial property portfolios, according to a senior official.
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14 Dec 20
Finance officers have helped thwart an attempted £1.5m fraud at a Home Counties county council.
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27 Nov 20
A new three-step framework aimed at helping local government implement better strategies on adult social care has been released.
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25 Nov 20
Nobody expected the 2020 Spending Review to slam the brakes on, but a prolonged period with no formal fiscal framework will start causing the chancellor new headaches, says Dan Corry.
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25 Nov 20
Catch up with the main spending announcements in today’s settlement, which chancellor Rishi Sunak says represents the fastest revenue spending growth for 15 years, even excluding the Covid-19...
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20 Nov 20
London Borough of Bexley last week announced it is in discussions with Whitehall officials over an application to use capital borrowing to fund services. Council leader Teresa O'Neill and director of...
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20 Nov 20
The government must lay out a path towards significant transformational change if our public services are to survive the pandemic, says Rob Whiteman.
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20 Nov 20
The government borrowed a record £214bn between April and October – although the figure was £77bn less than projections by the Office for Budget Responsibility.
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18 Nov 20
London Borough of Bexley is in discussions with government over a possible application to use £15m of capital resources to fund revenue spending.
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18 Nov 20
The government failed to meet standards of transparency on its emergency Covid-19 procurement, according to an investigation by the National Audit Office.
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16 Nov 20
The Local Government Association has launched an investigation into whether disciplinary action should be taken in relation to senior management actions at financially-stricken London Borough of...
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13 Nov 20
In February 2018, Mark McLaughlin became the first section 151 officer in almost 20 years to issue a section 114 notice. Writing exclusively for PF, Northamptonshire’s former finance director makes a...
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2 Nov 20
The monthly financial impact of Covid-19 on councils in England has fallen below £1bn for the first time since the start of the crisis, running at 60% of the £1.5bn peaks in April and May.
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30 Oct 20
“Essential” support for companies and workers in the UK must continue if the economy is to recover from Covid-19 and meet the challenges of leaving the EU customs union and single market, the IMF has...
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28 Oct 20
Covid-19 has increased the need for finance managers to take an outcome-based approach, says Alan Bermingham.
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23 Oct 20
The government has an opportunity to use Brexit to make it easier for small firms to bid for government contracts, says Dr Simon Harwood.
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21 Oct 20
Many of the recommendations in the Redmond Review can be carried out in the short-term without the need for new legislation, Sir Tony Redmond has told the PF Live conference.
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21 Oct 20
The Treasury has confirmed the Comprehensive Spending Review will only set departmental budgets for next year, due to the economic disruption caused by Covid-19.
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2 Oct 20
Financial data for April to June shows councils’ revenue spending up 19% in the first quarter compared to the same period last year. The figures will have made sombre reading in Whitehall and town...
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25 Sep 20
Business rates retention and other council funding mechanisms aimed at incentivising growth should be scrapped to focus on post-Covid recovery, according to the interest group representing urban...
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14 Aug 20
Sarah Lamont says public bodies need to start getting ready for new government regulations affecting exit payments for staff.