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24 Sep 21
CIPFA has launched two new consultations on its Prudential Code and Treasury Management Code, focusing on commercial investment and officer training respectively.
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21 Sep 21
Leicestershire County Council has agreed to use its own resources fund an increase of £23m in the funding gap on its capital budget.
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3 Sep 21
Local government bodies continued to pile into the Public Works Loan Board last month, as authorities take advantage of cheap financing, according to a finance chief.
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13 Aug 21
Westminster City Council’s management of an over-budget local attraction which has become a national laughing stock has been branded ‘as an exercise in unaccountability’ by the authority's...
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12 Aug 21
Councils are allowed to use Public Works Loan Board borrowing to restructure existing debt even if they are pursuing banned commercial investment, according to new government ...
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6 Aug 21
Local authorities in the UK borrowed more than £1bn from the Public Works Loans Board last month, as demand returned to the facility following Covid-19.
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29 Jul 21
The government has raised the prospect of statutory borrowing caps for local authorities to prevent excess risk in capital spending.
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22 Jun 21
Capital spending among Scottish local authorities fell by more than £1bn last year amid Covid-19 disruption, provisional figures show.
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12 May 21
The London Borough Croydon has proposed reprofiling a £69.2m arts centre refurbishment as capital spending, after council subsidiary Brick by Brick was “unable” to fund the project.
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7 May 21
South Lanarkshire Council has approved the transfer of £8m to its capital programme, after receiving additional Covid-19 funding from the Scottish Government.
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15 Oct 20
An ambitious IT system for health boards and local authorities in Wales is taking longer to roll out and more “costly than expected”, according to Audit Wales.
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25 Sep 20
Council investment in buying buildings dropped by 56% in the first quarter compared to last year, while spending on new construction projects fell just 14% according to government data.
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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.
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10 Mar 20
This week’s Budget could adopt dramatically different tactics on current and investment spending, says Isabel Stockton.
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26 Sep 19
The NHS’ lack of capital funding means the risk to patient safety is “rising every day”, a membership organisation has warned.
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24 Sep 19
NHS accountants have been told to raid their capital budgets in sometimes “barely legal” circumstances, Public Accounts Chair Meg Hillier told a Labour conference fringe session.
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29 Aug 19
A survey by NHS Providers of 143 trust leaders in England found that 82% think that restrictions on capital funding pose a medium or high risk to patient safety.
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8 Mar 19
Lack of investment in NHS infrastructure risks the quality of patient care, a health think-tank has said.
24 Sep 21CIPFA has launched two new consultations on its Prudential Code and Treasury Management Code, focusing on commercial investment and officer training respectively.
21 Sep 21Leicestershire County Council has agreed to use its own resources fund an increase of £23m in the funding gap on its capital budget.
3 Sep 21Local government bodies continued to pile into the Public Works Loan Board last month, as authorities take advantage of cheap financing, according to a finance chief.
13 Aug 21Westminster City Council’s management of an over-budget local attraction which has become a national laughing stock has been branded ‘as an exercise in unaccountability’ by the authority's...
12 Aug 21Councils are allowed to use Public Works Loan Board borrowing to restructure existing debt even if they are pursuing banned commercial investment, according to new government ...
22 Jun 21Capital spending among Scottish local authorities fell by more than £1bn last year amid Covid-19 disruption, provisional figures show.
12 May 21The London Borough Croydon has proposed reprofiling a £69.2m arts centre refurbishment as capital spending, after council subsidiary Brick by Brick was “unable” to fund the project.
7 May 21South Lanarkshire Council has approved the transfer of £8m to its capital programme, after receiving additional Covid-19 funding from the Scottish Government.
15 Oct 20An ambitious IT system for health boards and local authorities in Wales is taking longer to roll out and more “costly than expected”, according to Audit Wales.
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.
10 Mar 20This week’s Budget could adopt dramatically different tactics on current and investment spending, says Isabel Stockton.
26 Sep 19The NHS’ lack of capital funding means the risk to patient safety is “rising every day”, a membership organisation has warned.
24 Sep 19NHS accountants have been told to raid their capital budgets in sometimes “barely legal” circumstances, Public Accounts Chair Meg Hillier told a Labour conference fringe session.
29 Aug 19A survey by NHS Providers of 143 trust leaders in England found that 82% think that restrictions on capital funding pose a medium or high risk to patient safety.
8 Mar 19Lack of investment in NHS infrastructure risks the quality of patient care, a health think-tank has said.
