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10 Sep 21
Derby City Council’s finance chief has voiced concerns about the authority’s position, after a budget gap of more than £11m emerged this year.
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23 Aug 21
Councils in England will be required to provide more information on reserve levels to the government, in a bid to improve Whitehall's understanding of financial risks.
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18 Aug 21
Shetland Island Council must reduce its reliance on reserves to help manage budgetary pressures in future years, according to the authority's finance chief.
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7 May 21
The London Borough of Lambeth will refund up to £26.6m in overcharged water fees to its tenants, after a high court appeal failed.
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19 Feb 21
Reserve levels at councils in England dropped during 2019-2020, prior to the onset of the Covid-19 pandemic, according to analysis from CIPFA.
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3 Feb 21
Lincolnshire County Council is set to use £12m of its reserves to fund additional business support help small firms in the area.
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27 Nov 20
City of Edinburgh Council’s use of its general fund reserves is unsustainable and will be unable to cover future economic shocks, Audit Scotland has warned.
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4 Nov 20
Ipswich Borough Council has approved plans to use all but £50,000 of its usable reserves above its legal buffer by March 2024, to help offset future Covid-19 pressures.
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14 Oct 20
Manchester City Council says it could face a funding gap of £135m next year as a result of financial pressures relating to Covid-19.
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19 Aug 20
Councils lack the necessary reserves to meet the £2bn shortfall local authorities still face from the impact of Covid-19, according to the Institute for Fiscal Studies.
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6 Aug 20
Cornwall Council is to become the first council in England to pass on government funding and provide financial support for parish and town councils impacted by the coronavirus pandemic.
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30 Jun 20
The Royal Borough of Windsor and Maidenhead has been warned it could be forced into a section 114 notice in a CIPFA report which found a flawed process for setting reserve levels.
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28 Jun 18
Local authorities could be rated on their financial resilience to help them with financial management under proposals from CIPFA.
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23 May 18
Northamptonshire County Council could face a 60% higher bill than expected for misspend public health grants, an independent audit report has found.
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9 May 18
London boroughs are “running out of road” to plug funding gaps in planning, culture and transport budgets especially, a think-tank has said.
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13 Apr 18
Troubled Northamptonshire County Council has appointed a new leader.
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29 Mar 18
Northamptonshire County Council will continue to make most of its own decisions, a letter from the local government secretary has revealed.
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15 Mar 18
Northamptonshire County Council should get a “new start” by being split into two separate councils following financial mismanagement, a government-commissioned inspection has said today.
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27 Nov 17
English upper-tier councils have eaten into their reserves due to social care pressures, according to the Office for Budget Responsibility.
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2 Oct 17
Cash reserves have long been central to councils’ ability to respond to major incidents. As the cost of these rises, prevention needs to be a priority
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18 Jan 16
The debate over council reserves hasn’t gone away since Eric Pickles left the Department for Communities and Local Government. But council leaders are beginning to strike back.
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19 Nov 15
Greg Clark has today indicated that local authorities will face additional funding cuts after Department for Communities and Local Government figures showed a 73% increase in the level of reserves...
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11 Sep 15
Councils could be placed on ‘a fast tack to financial failure’ if the government implemented a policy to force authorities to spend their reserves to make up for cuts in funding, the...
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1 Jul 15
Almost all of the reserves held by UK councils have been committed to specific investments or to manage future risk, a CIPFA survey has revealed.
10 Sep 21Derby City Council’s finance chief has voiced concerns about the authority’s position, after a budget gap of more than £11m emerged this year.
23 Aug 21Councils in England will be required to provide more information on reserve levels to the government, in a bid to improve Whitehall's understanding of financial risks.
18 Aug 21Shetland Island Council must reduce its reliance on reserves to help manage budgetary pressures in future years, according to the authority's finance chief.
7 May 21The London Borough of Lambeth will refund up to £26.6m in overcharged water fees to its tenants, after a high court appeal failed.
19 Feb 21Reserve levels at councils in England dropped during 2019-2020, prior to the onset of the Covid-19 pandemic, according to analysis from CIPFA.
3 Feb 21Lincolnshire County Council is set to use £12m of its reserves to fund additional business support help small firms in the area.
27 Nov 20City of Edinburgh Council’s use of its general fund reserves is unsustainable and will be unable to cover future economic shocks, Audit Scotland has warned.
4 Nov 20Ipswich Borough Council has approved plans to use all but £50,000 of its usable reserves above its legal buffer by March 2024, to help offset future Covid-19 pressures.
14 Oct 20Manchester City Council says it could face a funding gap of £135m next year as a result of financial pressures relating to Covid-19.
19 Aug 20Councils lack the necessary reserves to meet the £2bn shortfall local authorities still face from the impact of Covid-19, according to the Institute for Fiscal Studies.
6 Aug 20Cornwall Council is to become the first council in England to pass on government funding and provide financial support for parish and town councils impacted by the coronavirus pandemic.
30 Jun 20The Royal Borough of Windsor and Maidenhead has been warned it could be forced into a section 114 notice in a CIPFA report which found a flawed process for setting reserve levels.
28 Jun 18Local authorities could be rated on their financial resilience to help them with financial management under proposals from CIPFA.
9 May 18London boroughs are “running out of road” to plug funding gaps in planning, culture and transport budgets especially, a think-tank has said.
13 Apr 18Troubled Northamptonshire County Council has appointed a new leader.
27 Nov 17English upper-tier councils have eaten into their reserves due to social care pressures, according to the Office for Budget Responsibility.
2 Oct 17Cash reserves have long been central to councils’ ability to respond to major incidents. As the cost of these rises, prevention needs to be a priority
18 Jan 16The debate over council reserves hasn’t gone away since Eric Pickles left the Department for Communities and Local Government. But council leaders are beginning to strike back.
19 Nov 15Greg Clark has today indicated that local authorities will face additional funding cuts after Department for Communities and Local Government figures showed a 73% increase in the level of reserves...
11 Sep 15Councils could be placed on ‘a fast tack to financial failure’ if the government implemented a policy to force authorities to spend their reserves to make up for cuts in funding, the...
