-
6 Aug 20
Councils could speed up infrastructure and affordable housing delivery by borrowing against its proposed new infrastructure levy according to the government’s consultation on planning reform.
-
5 Aug 20
Local public bodies borrowed £187.2m last month from the Public Works Loan Board, almost a 50% rise on £125.6m borrowed from the board in June.
-
31 Jul 20
Changes to the current Public Works Loan Boards lending terms should avoid “unintended consequences” that harm regeneration projects, CIPFA has warned.
-
24 Jul 20
The financial system that emerged from separation of debit and credit in the 14th century seems to be nearing the end of its useful life, says David Kauders.
-
21 Jul 20
Local authority borrowing continued to rise in June to £3bn, £100m more than in May, and ten times higher than the figure for June 2019, according to figures from the Office for National Statistics.
-
16 Jul 20
Councils borrowed £875m for housing projects in March from the Public Works Loan Board after the introduction of a special rate for housing revenue account projects in the Budget.
-
16 Jul 20
The Treasury has announced a further round of gilt sales, taking the planned 2020-21 total to £385m – more than double the amount anticipated in March’s Budget.
-
9 Jul 20
The government will need a plan to manage its Covid-related debt in place by the autumn, according to former permanent secretary to the Treasury, Lord Macpherson.
-
9 Jul 20
Government borrowing in response to Covid-19 could rise to £500bn in the wake of chancellor Rishi Sunak’s economic package announced yesterday, according to the Institute for Fiscal Studies.
-
22 Jun 20
Scotland must have greater fiscal autonomy to deal with the economic fall-out of the coronavirus pandemic, a group of economic advisors has warned.
-
19 Jun 20
Public sector net debt rose to 100.9% of GDP in May, the first time debt has exceeded 100% since 1963, as a result of the Covid-19 pandemic.
-
13 May 20
With significant and unexpected swings in cashflow, a reduction in loan margins would make all the difference for councils, argues local authority treasury adviser Arlingclose's strategic director...
-
1 May 20
Westminster City Council and Barnsley Borough Council are to participate in the first pooled bonds issued by the UK Municipal Bonds Agency.
-
23 Apr 20
Government borrowing could reach as high as £300bn this year, due to the economic policies put in place to ease finances during the coronavirus pandemic, according to think-tank the Centre for Policy...
-
14 Apr 20
The framework governing capital investment by local authorities has been tested to breaking point by councils borrowing cheaply to invest in commercial property, according to a recent NAO report.
-
9 Apr 20
The Treasury is set to extend its emergency overdraft from the Bank of England to help finance the fight against coronavirus.
-
9 Apr 20
A London council has raised £80m for its capital investment programme through a private placement, beating the Public Works Loan Board rate despite the turbulent market disrupted by the coronavirus.
-
30 Mar 20
The coronavirus pandemic is on course to cause the deepest recession in the UK since the financial crisis of 2008, according to the Centre for Economics and Business Research.
-
25 Mar 20
Lending between councils has dropped as councils look to keep hold of cash due to concerns over the coronavirus pandemic, according to treasury adviser Arlingclose.
-
13 Mar 20
The Treasury has written to local authority finance officers to confirm a new discount rate for borrowing for housing spending from the Public Works Loan Board.
-
11 Mar 20
CIPFA’s chief executive warns that government proposals to restrict council investment in commercial property could signal a more prescriptive approach.
-
11 Mar 20
Rishi Sunak hinted at a coming change to the government’s fiscal rule, promising to report back to parliament in the autumn after consulting with experts on how extra spending could boost the economy.
-
10 Mar 20
Local authorities dived back into Public Works Loan Board borrowing this week after the interest rate on some loans dropped below 2% following the coronavirus outbreak.
-
6 Mar 20
The Scottish Government is to press for greater borrowing powers to deal with the increasing fiscal risk arising from the devolution of tax and welfare powers, after it borrowed £200m to pay for next...
-
12 Feb 20
Local authority investment in commercial property has increased fourteen-fold over three years as councils seek alternative sources of revenue amid cuts leaving them open to risk, the spending...
6 Aug 20Councils could speed up infrastructure and affordable housing delivery by borrowing against its proposed new infrastructure levy according to the government’s consultation on planning reform.
5 Aug 20Local public bodies borrowed £187.2m last month from the Public Works Loan Board, almost a 50% rise on £125.6m borrowed from the board in June.
24 Jul 20The financial system that emerged from separation of debit and credit in the 14th century seems to be nearing the end of its useful life, says David Kauders.
21 Jul 20Local authority borrowing continued to rise in June to £3bn, £100m more than in May, and ten times higher than the figure for June 2019, according to figures from the Office for National Statistics.
16 Jul 20Councils borrowed £875m for housing projects in March from the Public Works Loan Board after the introduction of a special rate for housing revenue account projects in the Budget.
16 Jul 20The Treasury has announced a further round of gilt sales, taking the planned 2020-21 total to £385m – more than double the amount anticipated in March’s Budget.
22 Jun 20Scotland must have greater fiscal autonomy to deal with the economic fall-out of the coronavirus pandemic, a group of economic advisors has warned.
13 May 20With significant and unexpected swings in cashflow, a reduction in loan margins would make all the difference for councils, argues local authority treasury adviser Arlingclose's strategic director...
14 Apr 20The framework governing capital investment by local authorities has been tested to breaking point by councils borrowing cheaply to invest in commercial property, according to a recent NAO report.
11 Mar 20CIPFA’s chief executive warns that government proposals to restrict council investment in commercial property could signal a more prescriptive approach.
11 Mar 20Rishi Sunak hinted at a coming change to the government’s fiscal rule, promising to report back to parliament in the autumn after consulting with experts on how extra spending could boost the economy.
6 Mar 20The Scottish Government is to press for greater borrowing powers to deal with the increasing fiscal risk arising from the devolution of tax and welfare powers, after it borrowed £200m to pay for next...
12 Feb 20Local authority investment in commercial property has increased fourteen-fold over three years as councils seek alternative sources of revenue amid cuts leaving them open to risk, the spending...
21 Oct 20 to 22 Oct 20
20 Oct 20
