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31 May 22
A council in the north-west of England has been urged to focus on delivering longer-term savings to help improve its financial position.
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30 May 22
An English city council expects a multi-million-pound funding gap in its 2022-23 budget, partly fuelled by rampant inflation and social care pressures.
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27 May 22
Scotland could have to make spending cuts and increase taxes to help fill a medium-term budget deficit, experts have warned.
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6 May 22
This week’s local elections packed a few surprises. PF examines the results in authorities whose finance departments have been in the news during recent months.
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29 Apr 22
Nottingham City Council will terminate a contract with a subsidiary company managing its housing stock, after an external investigation found it misspent millions of pounds of authority funding.
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24 Mar 22
CIPFA’s Sarah Sheen and ICAEW’s Oliver Simms explain how working in local audit brings substantial benefits, including the opportunity to make a real difference to people’s lives.
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8 Mar 22
Nottingham City Council has approved a raft of yearly savings aimed at helping it deliver a forecast budget balance in 2025-26.
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7 Mar 22
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.
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28 Feb 22
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...
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21 Feb 22
Liverpool City Council has forecast a budget gap of £86.7m by 2025-26, despite finding annual savings of more than £16m.
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8 Feb 22
Changes to post-McCloud pension reforms will see more Local Government Pension Scheme members eligible for enhanced legacy benefits, putting a greater burden on administering authorities, according...
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8 Feb 22
A London borough is co-operating with a police probe into an allegation of fraud linked to a housing development project.
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28 Jan 22
External auditors for an East Midlands authority will review financial reporting arrangements after identifying fraudulent payments in the council's 2019-20 financial statements.
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27 Jan 22
Continuing weaknesses with financial modelling within Whitehall is putting public value for money at risk, according to the National Audit Office.
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27 Jan 22
A borough council paid a social care provider £1.2m more than it was owed, due to a “lack of a common understanding of roles and responsibilities”, according to an internal audit.
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18 Jan 22
The government has announced its intention to install commissioners at a West Midlands local authority, with powers to dismiss and appoint senior officers, including the section 151 officer.
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6 Jan 22
Luton Borough Council is set to establish a new body to provide oversight and advice on the authority’s commercial companies and joint ventures.
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7 Dec 21
An accounting blunder saw Nottingham City Council mistakenly credit almost £16m of housing funding to its general fund rather than its housing revenue account, it has emerged.
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1 Dec 21
Wirral Council has approved a financial recovery plan which includes suspending a planned £5m investment to create a community bank, following a critical government-commissioned review.
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30 Nov 21
The government is proposing new rules that would prevent councils avoiding making provision for debt servicing payments on commercial investments.
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29 Nov 21
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.
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26 Nov 21
Nottingham City Council’s internal audit department has criticised the authority’s procurement processes, after financial regulations were waived on more than 20 occasions.
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25 Nov 21
Liverpool City Council has capacity challenges in many of its corporate services including finance, puttng improvement plans at risk, according to government-appointed commissioners.
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23 Nov 21
Suffolk County Council has used Public Works Loan Board borrowing to repay £30m of ‘lender option, borrower option’ loans, but expects to deliver real terms savings of £6.4m.
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22 Nov 21
The working balance of general fund reserves at cash-strapped Peterborough City Council is inadequate to deal with the financial risks the authority faces, according to its finance team.
31 May 22A council in the north-west of England has been urged to focus on delivering longer-term savings to help improve its financial position.
30 May 22An English city council expects a multi-million-pound funding gap in its 2022-23 budget, partly fuelled by rampant inflation and social care pressures.
27 May 22Scotland could have to make spending cuts and increase taxes to help fill a medium-term budget deficit, experts have warned.
6 May 22This week’s local elections packed a few surprises. PF examines the results in authorities whose finance departments have been in the news during recent months.
29 Apr 22Nottingham City Council will terminate a contract with a subsidiary company managing its housing stock, after an external investigation found it misspent millions of pounds of authority funding.
24 Mar 22CIPFA’s Sarah Sheen and ICAEW’s Oliver Simms explain how working in local audit brings substantial benefits, including the opportunity to make a real difference to people’s lives.
8 Mar 22Nottingham City Council has approved a raft of yearly savings aimed at helping it deliver a forecast budget balance in 2025-26.
7 Mar 22The 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.
28 Feb 22The 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...
21 Feb 22Liverpool City Council has forecast a budget gap of £86.7m by 2025-26, despite finding annual savings of more than £16m.
8 Feb 22Changes to post-McCloud pension reforms will see more Local Government Pension Scheme members eligible for enhanced legacy benefits, putting a greater burden on administering authorities, according...
8 Feb 22A London borough is co-operating with a police probe into an allegation of fraud linked to a housing development project.
28 Jan 22External auditors for an East Midlands authority will review financial reporting arrangements after identifying fraudulent payments in the council's 2019-20 financial statements.
27 Jan 22Continuing weaknesses with financial modelling within Whitehall is putting public value for money at risk, according to the National Audit Office.
27 Jan 22A borough council paid a social care provider £1.2m more than it was owed, due to a “lack of a common understanding of roles and responsibilities”, according to an internal audit.
18 Jan 22The government has announced its intention to install commissioners at a West Midlands local authority, with powers to dismiss and appoint senior officers, including the section 151 officer.
6 Jan 22Luton Borough Council is set to establish a new body to provide oversight and advice on the authority’s commercial companies and joint ventures.
30 Nov 21The government is proposing new rules that would prevent councils avoiding making provision for debt servicing payments on commercial investments.
25 Nov 21Liverpool City Council has capacity challenges in many of its corporate services including finance, puttng improvement plans at risk, according to government-appointed commissioners.
23 Nov 21Suffolk County Council has used Public Works Loan Board borrowing to repay £30m of ‘lender option, borrower option’ loans, but expects to deliver real terms savings of £6.4m.
22 Nov 21The working balance of general fund reserves at cash-strapped Peterborough City Council is inadequate to deal with the financial risks the authority faces, according to its finance team.
