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...
External auditors for an East Midlands authority will review financial reporting arrangements after identifying fraudulent payments in the council's 2019-20 financial statements.
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.
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.
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.
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.
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.
Nottingham City Council’s internal audit department has criticised the authority’s procurement processes, after financial regulations were waived on more than 20 occasions.
Liverpool City Council has capacity challenges in many of its corporate services including finance, puttng improvement plans at risk, according to government-appointed commissioners.
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.
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.
The Local Government Pension Scheme Advisory Board has updated its investment code to require cost breakdowns from third-party fund managers, in an attempt to improve transparency.
Nottingham City Council has proposed more than £12.2m of new savings, to help manage a widening budget deficit next year, including closing multiple children’s centres.
The government’s proposals to scrap a £50m school improvement grant has been criticised by local authorities, with educations budgets already stretched.
The government should not provide additional financial flexibilites to Peterborough City Council unless it offloads at least £43.5m of property, according to a review by CIPFA.
A government-appointed improvement board has voiced worries about the Nottingham City Council's timetable for adopting a medium term financial strategy, which is seen as key to delivering financial...
The administrative costs of Local Government Pension Schemes rose again last year, with one expert putting the rise down to due a rise in asset values.
The government is set to appoint commissioners to take over governance and financial scrutiny at Slough Borough Council following two critical independent reviews.
