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17 Jun 21
The coronavirus pandemic and tighter government lending rules led to a 41% real-terms contraction in councils' payments for land and buildings last year, according to provisional outturn figures.
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11 Jun 21
A district council is planning to invest £56m in commercial property outside its boundaries this year, funded through borrowing from other local authorities.
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1 Apr 21
Local authorities in England borrowed £856m from the Public Works Loan Board last month, as councils refocus on capital projects following a lull due to Covid-19.
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16 Feb 21
Woking Borough Council will borrow an additional £130m to cover increased costs resulting from Covid-19 and Brexit on a flagship mixed-use regeneration project.
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2 Feb 21
The number of loans taken from the Public Works Loan Board fell in January, with one treasury adviser saying Covid-19 payments from government could have weakened borrowing demand.
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1 Feb 21
CIPFA has launched a consultation on proposed changes to the Prudential Code in order to strengthen provisions restricting borrowing for yield.
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19 Nov 20
The amount of money owed by local authorities to the Public Works Loan Board fell for the first time in almost four years during the second quarter of 2020-21.
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9 Nov 20
Transport for London will rely on future government support until 2023, after agreeing two bailouts this year, according to ratings agency Moody’s.
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27 Oct 20
Worthing Borough Council is set to approve a housing scheme joint venture with housing association Vivid, which would see the council invest £12.5m.
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16 Jul 20
Councils borrowed £875m for housing projects in March from the Public Works Loan Board after the introduction of a special rate for housing revenue account projects in the Budget.
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13 May 20
With significant and unexpected swings in cashflow, a reduction in loan margins would make all the difference for councils, argues local authority treasury adviser Arlingclose's strategic director...
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13 Mar 20
The Treasury has written to local authority finance officers to confirm a new discount rate for borrowing for housing spending from the Public Works Loan Board.
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11 Mar 20
CIPFA’s chief executive warns that government proposals to restrict council investment in commercial property could signal a more prescriptive approach.
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11 Mar 20
The government has announced plans to cut the Public Works Loan Board interest rate - but only after it has introduced measures to ban councils borrowing to invest in commercial property.
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5 Mar 20
The Municipal Bonds Agency today issued its inaugural bond at a rate of just over 1% - significantly beating the cost of borrowing from the Public Works Loan Board.
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2 Oct 15
Local authorities braced for more spending cuts are thinking creatively about their funding needs
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27 Oct 14
CIPFA is to examine how councils and other public bodies could make use of Islamic finance as a source of borrowing.
17 Jun 21The coronavirus pandemic and tighter government lending rules led to a 41% real-terms contraction in councils' payments for land and buildings last year, according to provisional outturn figures.
11 Jun 21A district council is planning to invest £56m in commercial property outside its boundaries this year, funded through borrowing from other local authorities.
1 Apr 21Local authorities in England borrowed £856m from the Public Works Loan Board last month, as councils refocus on capital projects following a lull due to Covid-19.
16 Feb 21Woking Borough Council will borrow an additional £130m to cover increased costs resulting from Covid-19 and Brexit on a flagship mixed-use regeneration project.
1 Feb 21CIPFA has launched a consultation on proposed changes to the Prudential Code in order to strengthen provisions restricting borrowing for yield.
19 Nov 20The amount of money owed by local authorities to the Public Works Loan Board fell for the first time in almost four years during the second quarter of 2020-21.
9 Nov 20Transport for London will rely on future government support until 2023, after agreeing two bailouts this year, according to ratings agency Moody’s.
27 Oct 20Worthing Borough Council is set to approve a housing scheme joint venture with housing association Vivid, which would see the council invest £12.5m.
16 Jul 20Councils borrowed £875m for housing projects in March from the Public Works Loan Board after the introduction of a special rate for housing revenue account projects in the Budget.
13 May 20With significant and unexpected swings in cashflow, a reduction in loan margins would make all the difference for councils, argues local authority treasury adviser Arlingclose's strategic director...
11 Mar 20CIPFA’s chief executive warns that government proposals to restrict council investment in commercial property could signal a more prescriptive approach.
11 Mar 20The government has announced plans to cut the Public Works Loan Board interest rate - but only after it has introduced measures to ban councils borrowing to invest in commercial property.
2 Oct 15Local authorities braced for more spending cuts are thinking creatively about their funding needs
27 Oct 14CIPFA is to examine how councils and other public bodies could make use of Islamic finance as a source of borrowing.
