The government failed to meet standards of transparency on its emergency Covid-19 procurement, according to an investigation by the National Audit Office.
Almost two-thirds of council asset managers think their organisation will be able to reduce office floorspace by more than a quarter when the Covid-19 pandemic is over.
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.
Around 80% of county and unitary authorities are expected to make cuts next year in order to set a balanced budget, according to a survey from the County Councils Network.
Croydon Council has issued a section 114 notice banning all non-essential spending, due to the “severe ongoing financial challenges” facing the authority.
An investment strategy agreed by Cotswold District Council to borrow more than four times its annual budget has been labelled deeply concerning by its opposition leader.
Councils in England are set to receive an additional £170m in government funding following a government U-turn over additional support for low-income families this winter.
Local Government Pension Scheme funds in England and Wales reported a negative cashflow position again last year, as schemes paid out £900m more in benefits than they received, according to...
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.
The government has announced it is extending the Coronavirus Job Retention scheme for a further four months, alongside increased support for self-employed workers.
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.
The ongoing pandemic disruption combined with Brexit could overwhelm local authorities and devolved administrations, according to the Institute for Government.
The Universities Superannuation Scheme deficit has widened to £21.5bn, more than 50% higher than the previous £13bn estimate in July, according to the Institute for Fiscal Studies.
The monthly financial impact of Covid-19 on councils in England has fallen below £1bn for the first time since the start of the crisis, running at 60% of the £1.5bn peaks in April and May.
The upcoming Comprehensive Spending Review must allocate funding to address record public service backlogs, CIPFA and the Institute for Government have warned.
Council tax support is expected to cost councils an additional £586m this year, 7% more than the £500m allocated through a dedicated fund announced in March, according to the LGA.
London Borough of Newham is to loan a further £4m to its own development company, after a leisure centre operator pulled out of a development project due to Covid-19.
“Essential” support for companies and workers in the UK must continue if the economy is to recover from Covid-19 and meet the challenges of leaving the EU customs union and single market, the IMF has...
Tyne and Wear Metro saw a 95% reduction in passengers at the beginning of lockdown. John Fenwick, director of finance and resources at the network’s owner and operator, Nexus, tells PF about the long...