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1 Feb 21
The government has “no other credible alternative” to granting the London Borough of Croydon a capitalisation direction to ease its financial woes, a review it commissioned has concluded.
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15 Jan 21
Following the news that TfN’s annual budget for next year has been cut by the government, PF spoke to Iain Craven, director of finance at the group to shed further light on the situation.
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14 Jan 21
A future Labour government would produce 20-year projections for the public finances, according to shadow chancellor Anneliese Dodds.
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14 Dec 20
A mechanism to give private investors control of public nuclear projects is still considered a “credible basis” for funding the sector, the government said today as it launched its energy white paper...
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8 Dec 20
A team sent in by ministers has concluded that Nottingham City Council cannot set a balanced budget for next year without government support, according to a leaked report.
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4 Dec 20
NHS Tayside’s high running costs remain a risk, although the health board has improved its financial management, the Scottish spending watchdog has said.
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11 Nov 20
Croydon Council has issued a section 114 notice banning all non-essential spending, due to the “severe ongoing financial challenges” facing the authority.
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4 Nov 20
Local government pension schemes in Lincolnshire, South Yorkshire and Tyne and Wear have invested a combined £97m into a ten-year residential investment fund.
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4 Nov 20
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.
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2 Nov 20
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.
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29 Oct 20
The government has announced a rapid review into governance at the London Borough following the publication of a “damning” public interest report.
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26 Oct 20
London Borough of Croydon has been accused of "corporate blindness” over its financial position in a rare public interest report compiled by audit firm Grant Thornton.
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23 Oct 20
Levels of reserves for councils in England dropped by £900m in 2019-2020 to £23.7bn, according to outturn figures published by the Ministry for Housing, Communities and Local Government.
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8 Oct 20
Councils in England are set receive to an additional £30m to fund measures including Covid-19 marshals, to ensure the public and businesses follow coronavirus rules.
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8 Oct 20
London Borough of Croydon has launched a review of the companies it owns, as part of its bid to receive more assistance from the government.
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6 Oct 20
Councils in Wales could face significant funding shortfalls over the rest of this financial year as a result of Covid-19, according to Audit Wales.
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5 Oct 20
Public sector organisations should look into how they plan to exit private finance initiatives or they could face disruption to services, says Ian Tasker.
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2 Oct 20
Local authority expenditure on Covid-19 dropped in August to £567m, down from £594m in July, according to latest statistics from the Ministry of Housing, Communities and Local Government.
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23 Sep 20
A London council is likely to have to issue a section 114 notice if a bid to use capital funds for revenue services is refused by central government, its section 151 officer has indicated.
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15 Sep 20
Peterborough City Council is to review the running of cultural and leisure services in the city, following the termination of its outsourcing agreement and transfer of responsibilities for running...
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4 Sep 20
Financial management was not built into the overall European Union exit programme of work, according to a report from the National Audit Office.
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28 Aug 20
Moray Council risks depleting its entire fund reserves in just four years as it attempts to offset annual deficits, the Scottish Accounts Commission has warned.
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16 Mar 20
Birmingham City Council finance chief Clive Heaphy has resigned after his application for the vacant chief executive role was unsuccessful.
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21 Feb 20
Northamptonshire County Council has approved its final budget before reorganisation.
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27 Jan 20
It’s important that councils stay in control of events and issuing a section 114 notice can be the first step on the road to recovery rather than a failure in itself, writes CIPFA chief executive Rob...
1 Feb 21The government has “no other credible alternative” to granting the London Borough of Croydon a capitalisation direction to ease its financial woes, a review it commissioned has concluded.
15 Jan 21Following the news that TfN’s annual budget for next year has been cut by the government, PF spoke to Iain Craven, director of finance at the group to shed further light on the situation.
14 Jan 21A future Labour government would produce 20-year projections for the public finances, according to shadow chancellor Anneliese Dodds.
14 Dec 20A mechanism to give private investors control of public nuclear projects is still considered a “credible basis” for funding the sector, the government said today as it launched its energy white paper...
8 Dec 20A team sent in by ministers has concluded that Nottingham City Council cannot set a balanced budget for next year without government support, according to a leaked report.
4 Dec 20NHS Tayside’s high running costs remain a risk, although the health board has improved its financial management, the Scottish spending watchdog has said.
4 Nov 20Local government pension schemes in Lincolnshire, South Yorkshire and Tyne and Wear have invested a combined £97m into a ten-year residential investment fund.
4 Nov 20Ipswich 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.
2 Nov 20The 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.
8 Oct 20Councils in England are set receive to an additional £30m to fund measures including Covid-19 marshals, to ensure the public and businesses follow coronavirus rules.
6 Oct 20Councils in Wales could face significant funding shortfalls over the rest of this financial year as a result of Covid-19, according to Audit Wales.
5 Oct 20Public sector organisations should look into how they plan to exit private finance initiatives or they could face disruption to services, says Ian Tasker.
2 Oct 20Local authority expenditure on Covid-19 dropped in August to £567m, down from £594m in July, according to latest statistics from the Ministry of Housing, Communities and Local Government.
4 Sep 20Financial management was not built into the overall European Union exit programme of work, according to a report from the National Audit Office.
27 Jan 20It’s important that councils stay in control of events and issuing a section 114 notice can be the first step on the road to recovery rather than a failure in itself, writes CIPFA chief executive Rob...
28 Sep 21
7 Jul 21 to 8 Jul 21
