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5 Jan 21
Local authorities borrowed £252m from the Public Works Loan Board in December, the highest sum borrowed since April, following November’s one percentage point drop in borrowing rate.
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21 Dec 20
This year has been one of the most demanding for the public sector in living memory. PF lists the ten biggest stories from the past 12 months.
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8 Dec 20
The UK government’s lack of fiscal rules and strategy to tackle record debt are a “major source of uncertainty”, according to ratings agency Moody’s.
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4 Dec 20
The government has confirmed that Network Rail’s infrastructure budget for the next four years will shrink by £1bn, following the Spending Review.
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3 Dec 20
Chancellor Rishi Sunak has warned that servicing the government’s record debt could become “problematic” if interest rates start to rise.
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3 Dec 20
Chancellor Rishi Sunak has provided more clarity on funding but Covid-19 has left local authorities with inadequate funds to actively promote the welfare of children, says Jenny Coles.
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1 Dec 20
Last week's Spending Review contained some positives, but long-term certainty remains elusive, says Simone Hines.
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26 Nov 20
The government has announced it is to allocate £220m of pilot funding to the UK Shared Prosperity Fund next year, to help local areas prepare for the full launch of the fund.
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26 Nov 20
Despite a large envelope of expenditure, the Spending Review has still left some funding issues unaddressed, says Karen Sanderson.
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26 Nov 20
Councils in England will receive an additional £3bn to cover Covid-19 expenditure over the next year, alongside a lifting of social care precept for council tax, the government has confirmed.
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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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25 Nov 20
The government has reversed its October 2019 hike in the Public Works Loan Board borrowing rate and introduced a ‘ban’ on councils borrowing to raise revenue from commercial property.
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23 Nov 20
More than half of English councils could be at risk of financial failure by 2023 if the Spending Review merely maintains funding levels, a report from financial adviser Grant Thornton has found.
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23 Nov 20
Chancellor Rishi Sunak has vowed that the upcoming Comprehensive Spending Review will not see a return to austerity.
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13 Nov 20
Section 151 officers face a 'tipping point’ requiring tough decisions on whether to follow London Borough of Croydon in issuing a section 114 notice, CIPFA chief executive Rob Whiteman has told MPs.
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6 Nov 20
Manchester City Council is set to fundamentally review its size and structure, warning that efficiency savings cannot not cover a forecast £135m funding gap next year.
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2 Nov 20
The upcoming Comprehensive Spending Review must allocate funding to address record public service backlogs, CIPFA and the Institute for Government have warned.
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27 Oct 20
MPs will assess the impact of a single-year spending review on councils’ long-term delivery of services as part of an inquiry into the spending review and local government finance.
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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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1 Oct 20
The upcoming Comprehensive Spending Review should outline £10.1bn in funding for local authorities up to 2023-24 to help meet funding gaps and increased demand on services, the Local Government...
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29 Sep 20
Making the upcoming Comprehensive Spending Review a single year would be a “sensible decision”, according to the Institute for Fiscal Studies.
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28 Sep 20
Long-term funding settlements are needed for local government, NHS and social care services CIPFA has warned.
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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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24 Sep 20
Speculation is growing that the government will opt for another one-year spending round following the announcement that November’s Budget will be delayed until next year.
5 Jan 21Local authorities borrowed £252m from the Public Works Loan Board in December, the highest sum borrowed since April, following November’s one percentage point drop in borrowing rate.
21 Dec 20This year has been one of the most demanding for the public sector in living memory. PF lists the ten biggest stories from the past 12 months.
8 Dec 20The UK government’s lack of fiscal rules and strategy to tackle record debt are a “major source of uncertainty”, according to ratings agency Moody’s.
3 Dec 20Chancellor Rishi Sunak has warned that servicing the government’s record debt could become “problematic” if interest rates start to rise.
3 Dec 20Chancellor Rishi Sunak has provided more clarity on funding but Covid-19 has left local authorities with inadequate funds to actively promote the welfare of children, says Jenny Coles.
1 Dec 20Last week's Spending Review contained some positives, but long-term certainty remains elusive, says Simone Hines.
26 Nov 20The government has announced it is to allocate £220m of pilot funding to the UK Shared Prosperity Fund next year, to help local areas prepare for the full launch of the fund.
26 Nov 20Despite a large envelope of expenditure, the Spending Review has still left some funding issues unaddressed, says Karen Sanderson.
26 Nov 20Councils in England will receive an additional £3bn to cover Covid-19 expenditure over the next year, alongside a lifting of social care precept for council tax, the government has confirmed.
25 Nov 20Nobody 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.
25 Nov 20The government has reversed its October 2019 hike in the Public Works Loan Board borrowing rate and introduced a ‘ban’ on councils borrowing to raise revenue from commercial property.
23 Nov 20More than half of English councils could be at risk of financial failure by 2023 if the Spending Review merely maintains funding levels, a report from financial adviser Grant Thornton has found.
23 Nov 20Chancellor Rishi Sunak has vowed that the upcoming Comprehensive Spending Review will not see a return to austerity.
13 Nov 20Section 151 officers face a 'tipping point’ requiring tough decisions on whether to follow London Borough of Croydon in issuing a section 114 notice, CIPFA chief executive Rob Whiteman has told MPs.
6 Nov 20Manchester City Council is set to fundamentally review its size and structure, warning that efficiency savings cannot not cover a forecast £135m funding gap next year.
2 Nov 20The upcoming Comprehensive Spending Review must allocate funding to address record public service backlogs, CIPFA and the Institute for Government have warned.
27 Oct 20MPs will assess the impact of a single-year spending review on councils’ long-term delivery of services as part of an inquiry into the spending review and local government finance.
21 Oct 20The Treasury has confirmed the Comprehensive Spending Review will only set departmental budgets for next year, due to the economic disruption caused by Covid-19.
29 Sep 20Making the upcoming Comprehensive Spending Review a single year would be a “sensible decision”, according to the Institute for Fiscal Studies.
28 Sep 21
19 Oct 20 to 22 Oct 20
