Former prime minister David Cameron lobbied the government to adopt a scheme to convert NHS pay into bonds on behalf of now-insolvent firm Greensill Capital, according to a report.
As many 100 councils in England will see a public health funding freeze year-on-year in 2021-22, according to analysis from the House of Commons Library.
Transport for London is expected to slash its capital spending due to weakened passenger demand following the coronavirus pandemic, ratings agency Moody’s has predicted.
The procurement challenges ushered in by Covid-19 will not go away even if lower infection rates allow society to get back to some degree of normality, says Mohamed Hans.
The government is to retrospectively ban business rates appeals based on a drop in property values due to Covid-19, a move labelled as “scandalous” by rating advisers.
Adult social care services will receive £341m to continue to keep vulnerable people safe from Covid-19 even as restrictions begin to ease and the vaccine rollout continues.
Anticipated council tax losses for local authorities in England resulting from the Covid-19 pandemic are now more than a third lower initial expectations.
Rebecca Richards, director of NHS Wales Finance Academy talks explains how her organisation has adapted to training and recruiting staff in the wake of Covid-19.
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.
The UK’s GDP shrank by 2.9% in January, as Covid-19 restrictions and European Union import disruptions reduced economic activity, according to the Office for National Statistics.
Councils’ ability to handle Covid-19 test and trace responsibilities have been hampered by a lack of clarity on funding levels, according to the Public Accounts Committee.
The UK’s economic recovery from Covid-19 will begin later than previously expected, but will provide accelerated growth in the coming years, according to ratings agency Standard and Poor’s.
Councils still face a funding gap of more than £600m this financial year due to Covid-19, despite huge government support for the sector, the National Audit Office has found.
The government’s 2021 Budget spending plans are at risk because they assume no Covid-19-related support after next year, according to the chairman of the Office for Budget Responsibility.
The government has confirmed it will triple the cap for Covid-19 business grants administered by local authorities as it moves away from European Union state aid rules.
Rishi Sunak has once again announced billions of pounds of spending as the government attempts to tackle the economic crisis caused by Covid-19, but has drawn criticism for failing to adequately...
Budget measures imply the government will have borrowed an ‘unprecedented’ £570bn over this financial year and next, according to the Office for Budget Responsibility.
Council estimates for 2020-21 cost pressures resulting from Covid-19 have risen by 3.5% over the past month, according to statistics from the Ministry for Housing, Communities and Local Government.
The 2021 Budget will see the launch of the UK’s first green bond, more post-Covid-19 support and a new anti-fraud agency– PF rounds up what announcements the chancellor has in store.
