-
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.
-
20 Dec 21
The final version of CIPFA’s Prudential Code has been adopted after a consultation taking the best part of a year.
-
9 Dec 21
A district council in Somerset, which has spent more than £40m in commercial property outside of its boundaries, has abandoned further investment plans, amid proposed borrowing restrictions in the...
-
3 Dec 21
Two-thirds of respondents to a consultation on a strengthening of the Prudential Code support adopting the proposed new wording without amendment, a senior CIPFA figure has revealed.
-
1 Dec 21
Proposed amendments to the CIPFA Prudential Code seeking to strengthen restrictions on borrowing for commercial purposes have been dubbed 'relatively clear' by a senior civil servant.
-
30 Nov 21
The government is proposing new rules that would prevent councils avoiding making provision for debt servicing payments on commercial investments.
-
19 Nov 21
A district council has urged CIPFA to amend proposed changes to the Prudential Code, saying they could force it to sell commercial property it claims is vital to supporting services.
-
18 Nov 21
Proposed updates to the CIPFA Prudential Code aimed at restricting borrowing primarily for yield purposes, could lead to ‘unintended consequences’, according to the Local Government Association.
-
15 Nov 21
Councils failing to meet their legal requirement to properly 'have regard' to revised Prudential and Treasury Management Codes risk provoking further central government intervention in the...
-
5 Nov 21
CIPFA has announced its intention for a ‘soft launch’ of its forthcoming revised Prudential and Treasury Management Codes, with full implementation set to be expected for 2023-24 strategies.
-
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.
-
19 Jul 21
Councils should be legally required to comply with CIPFA's Prudential Code to help curb risky investments, according to MPs.
-
24 Jun 21
CIPFA is proposing to boost the information it provides on proposed borrowing restrictions on borrowing for yield in its update to the Prudential Code.
-
17 Jun 21
A proposed liability benchmark to help local authorities manage their debt needs could save the sector tens of millions of pounds, according to an industry expert.
-
1 Feb 21
Richard Lloyd-Bithell, senior technical manager at CIPFA, runs through the new proposals for the Prudential Code in response to increased local authority investment in commercial property.
-
1 Feb 21
CIPFA has launched a consultation on proposed changes to the Prudential Code in order to strengthen provisions restricting borrowing for yield.
-
31 Jul 20
Changes to the current Public Works Loan Boards lending terms should avoid “unintended consequences” that harm regeneration projects, CIPFA has warned.
-
12 May 20
A small number of councils buying commercial property purely to make money should not result in a complete overhaul of CIPFA’s guidelines on investment, chief executive Rob Whiteman has told MPs.
20 Dec 21CIPFA chief executive Rob Whiteman discusses the major changes to the Prudential Code and Treasury Management Code, which have been published today.
20 Dec 21The final version of CIPFA’s Prudential Code has been adopted after a consultation taking the best part of a year.
9 Dec 21A district council in Somerset, which has spent more than £40m in commercial property outside of its boundaries, has abandoned further investment plans, amid proposed borrowing restrictions in the...
3 Dec 21Two-thirds of respondents to a consultation on a strengthening of the Prudential Code support adopting the proposed new wording without amendment, a senior CIPFA figure has revealed.
1 Dec 21Proposed amendments to the CIPFA Prudential Code seeking to strengthen restrictions on borrowing for commercial purposes have been dubbed 'relatively clear' by a senior civil servant.
30 Nov 21The government is proposing new rules that would prevent councils avoiding making provision for debt servicing payments on commercial investments.
19 Nov 21A district council has urged CIPFA to amend proposed changes to the Prudential Code, saying they could force it to sell commercial property it claims is vital to supporting services.
5 Nov 21CIPFA has announced its intention for a ‘soft launch’ of its forthcoming revised Prudential and Treasury Management Codes, with full implementation set to be expected for 2023-24 strategies.
1 Feb 21CIPFA has launched a consultation on proposed changes to the Prudential Code in order to strengthen provisions restricting borrowing for yield.
12 May 20A small number of councils buying commercial property purely to make money should not result in a complete overhaul of CIPFA’s guidelines on investment, chief executive Rob Whiteman has told MPs.
