Transport for London’s short-term outlook has been revised from negative to stable, due to government pledges to support the network's income pressures, according to ratings agency Standard and Poor’...
The government's preference for providing grants through competitive bidding creates a vicious cycle that hurts authorities most in need of the money, says CIPFA chief executive Rob Whiteman.
Five-year business plans by a new oversight body, Great British Railways, will inform government decisions on funding for the rail sector under a shake-up of the system announced by the government.
Reduced net migration to the UK due to Covid-19 and Brexit could create further pressure on local government finances, according to ratings agency Moody’s.
The health service and local government both need long-term financial sustainability if the government is to successfully respond to the next national emergency, the National Audit Office has...
The government actuary’s assumptions on life expectancy will be critical in assessing the costs for the Local Government Pensions Scheme coming as it emerges from Covid-19, according to an industry...
A combination of pressures from Brexit and the coronavirus pandemic could squeeze city council revenues and put more pressure on budgets, according to ratings agency Standard and Poor’s.
The UK economy shrank by 1.5% in the first three months of this year, although GDP started to recover as Covid-19 restrictions were eased, according to the Office for National Statistics.
South Lanarkshire Council has approved the transfer of £8m to its capital programme, after receiving additional Covid-19 funding from the Scottish Government.
Councils in England reported additional cost pressures of £12.8bn relating to Covid-19 in 2020-21, according to outturn figures from the Ministry for Housing, Communities and Local Government.
UK GDP is forecast to grow by 7.25% this year, as Covid-19 restrictions are lifted – the fastest growth since the Second World War, according to the Bank of England.
Chancellor Rishi Sunak has distanced himself from a post Covid-19 tax raid on higher earners, as he insisted the UK tax system is already “very progressive”.
As Covid-19 vaccination rolls out and employees begin returning to the office, public sector leaders will face a new challenge – successfully reconnecting their temporarily disparate teams.
Former prime minister David Cameron “quite persistently” lobbied Treasury officials to allow now-defunct Greensill Capital to access government Covid-19 support, according to the department's top...
Emergency coronavirus contracts totalling £3.7bn raised “red flags” meriting further investigation, according to advocacy group Transparency International.
Local authorities who have applied for greater financial flexibilities to help balance their books could be waiting in limbo until September to receive confirmation, a senior civil servant said this...
The National Audit Office plans to have its timetable for completing departmental audits back on track for the 2021-22 accounts, following delays caused by Covid-19.
The Covid-19 pandemic has sparked record collaboration between the NHS, social care providers and local government, a senior civil servant said this week.
