Liverpool City Council has formally terminated a highways development contract after the construction firm carrying out the works went into administration.
The London Borough of Bexley has decided not to use £5.1m additional financing flexibilities it was granted by central government this year, due to a “sound” financial position.
A council faces a £920,000 hit to its reserves after a blunder saw pension payments wrongly removed from its 2020-21 accounts, according to an external auditor. ...
Slough Borough Council’s finance department has revised down its estimate of the level of developer contributions it is owed for local infrastructure by more than £5m.
A decision by the government made this week for an economic check could make it harder for local government employers to meet pension obligations, according to an expert.
Thanet District Council’s leader has requested central government support to improve governance at the authority, following disciplinary issues and legal disputes.
The level of scrutiny and financial management placed on the government’s £37bn Test and Trace programme was “disappointing”, according to a senior Treasury official.
Nottinghamshire County Council has reported a 12.5% increase in the cost of its flagship highways project, which one councillor warned could become “its HS2”.
Shetland Island Council must reduce its reliance on reserves to help manage budgetary pressures in future years, according to the authority's finance chief.
Westminster City Council’s management of an over-budget local attraction which has become a national laughing stock has been branded ‘as an exercise in unaccountability’ by the authority's...
City of Edinburgh Council has failed to identify the potential costs of exiting emergency Covid-19 traffic reduction schemes, according to its internal auditors.
Covid-19 and work overruns will mean Crossrail will exceed its current funding envelope, the government spending watchdog said in a report released today.
Eight struggling local authorities will be subject to financial healthchecks by CIPFA as they await approval on £72.5m of government support, ministers have announced.
Peterborough City Council’s external auditors have raised serious concerns about the financial situation of the authority, which has become reliant on additional government support.
Leicestershire County Council is set to reject a £15m road grant from regeneration quango Homes England amid concerns over financing the costs of additional local infrastructure.
Local authorities commercial investment needs a change focus, to help unlock latent potential in region, says Jonathan Werran, chief executive of think tank Localis.
