Continued strong progress on reforms aimed at delivering financial stability and improving governance could see the improvement panel at the London Borough of Croydon exit within two years.
The public increasingly having its “ear to the ground” on local issues has led to financially failing council administrations being punished at the ballot box, experts have said following the latest...
Historical governance and financial management issues have led external auditors for the London Borough of Croydon to outline significant weaknesses in previous years’ accounts.
Significant concerns over governance have led external auditors for the London Borough of Croydon to issue statutory recommendations, including that the authority shows how its 15% council tax rise...
The government wants to step up its intervention in the London Borough of Croydon because, despite the council's hard work, it is continuing to not meet its best value duty.
A landmark independent report on governance failures at the London Borough of Croydon represents an opportunity for other authorities to review their own standards, experts have told PF.
Dysfunctional leadership and “inexcusable” poor governance arrangements contributed to the London Borough of Croydon’s financial woes, a long-awaited report has found.
The London Borough of Croydon has pledged to carry out a deep dive into its finances to get a greater understanding of the risks it faces as it attempts to improve its long-term stability.
The government has confirmed the London Borough of Croydon will receive £50m of financing flexibilities to help balance the 2021-22 budget, with further support for 2022-23 under consideration.
The London Borough of Croydon has warned it is at risk of issuing a Section 114 notice next year, after auditors raised questions about the accounting treatment of £73m received from subsidiary...
The London Borough of Croydon is set to sell two properties to reduce the amount of borrowing it needs to fund exceptional capital freedoms granted by central government.
The London Borough of Croydon has launched an internal fraud probe into a major council-run regeneration project, and has handed a critical public interest report from its auditors to the...
London Borough of Croydon failed to ensure it was acting lawfully over an agreement with its housing subsidiary Brick by Brick on a major regeneration project, auditors have found.
The London Borough of Croydon still needs to close a predicted £13m budget gap next year, despite hoping to receive £25m of financing flexibilities alongside proposed additional savings.
The London Borough of Croydon has appointed its fourth finance director in less than three years, as the council strives to improve its financial situation.
The London Borough of Croydon may need to write-off up to £52m in loans to wholly-owned housing firm Brick by Brick, after rejecting the sale of the company.
The London Borough of Croydon is set to drop plans to transfer homes built by subsidiaries into its pension fund to help reduce employer contributions.