The collapse of Bolsover District Council’s preferred building contractor has led to the authority setting up a wholly owned company to continue its development ambitions.
A West Midlands council is looking to commercialise its management of parks, theatres and museums in a bid to reduce the burden they place on its revenue budget.
Edinburgh City Council is set to allocate up to £9.25m per-year from 2024 to fund the expansion of its tram network, following reduced fare income from Covid-19.
An operator which runs Luton Airport is set to retain £45m of passenger income that was originally due to be paid to a subsidiary company of Luton Borough Council.
A permanent drop in council income streams mean the government’s pre-Covid-19 strategy for reforming local government funding is a “busted flush”, according to Rob Whiteman, CIPFA chief executive.
