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19 May 22
The government is seeking assurances that a borough council in the south of England can manage its high debt levels without the need for intervention.
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20 Dec 21
CIPFA chief executive Rob Whiteman discusses the major changes to the Prudential Code and Treasury Management Code, which have been published today.
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20 Dec 21
The final version of CIPFA’s Prudential Code has been adopted after a consultation taking the best part of a year.
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3 Dec 21
Two-thirds of respondents to a consultation on a strengthening of the Prudential Code support adopting the proposed new wording without amendment, a senior CIPFA figure has revealed.
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5 Nov 21
CIPFA has announced its intention for a ‘soft launch’ of its forthcoming revised Prudential and Treasury Management Codes, with full implementation set to be expected for 2023-24 strategies.
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19 Oct 18
Councils’ housing revenue account borrowing cap will be scrapped before the end of the month, the communities secretary has revealed.
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16 Feb 17
The Prudential Code, which guides local authorities’ capital borrowing, is no longer fit for purpose in Scotland’s changed economic and fiscal climate and should be replaced by a shared system of...
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12 Sep 16
Councils are using low interest rates to become some of the country’s largest property investors as they aim to boost commercial revenue to offset government cuts, a New Local Government...
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15 Jun 16
Debt servicing costs are increasing across local government, and now account for at least 9.9% of revenue expenditure in a quarter of single-tier and county councils, according to the National Audit...