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9 Oct 20
Spelthorne Borough Council has denied that its property investment strategy is unlawful after reports that auditors have raised material concerns over some of its purchases.
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7 Oct 20
Plymouth City Council has become the first council to agree an interest rates swap deal since a High Court ruling killed off the practice 30 years ago.
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2 Oct 20
Proposed restrictions on borrowing from the Public Works Loan Board should be dropped to allow district councils to develop new income streams in the wake of Covid-19, the District Councils Network...
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15 Sep 20
The coronavirus pandemic has led to local authorities exploring different paths for borrowing, says Merrick Cockell, chair of the UK Municipal Bonds Agency.
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14 Sep 20
Local-authority-to-local-authority borrowing continues to rise, as short-term borrowing rates dropped to 0% last week, according to local government treasury advisors Arlingclose.
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3 Sep 20
Local public bodies borrowed £115.6m last month from the Public Works Loan Board, a decrease of more than 30% on £187.2m borrowed in July.
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20 Aug 20
The UK Municipal Bonds Agency has agreed a second bond with Lancashire County Council, just six months after approving its first bond in February.
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6 Aug 20
Councils could speed up infrastructure and affordable housing delivery by borrowing against its proposed new infrastructure levy according to the government’s consultation on planning reform.
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5 Aug 20
Local public bodies borrowed £187.2m last month from the Public Works Loan Board, almost a 50% rise on £125.6m borrowed from the board in June.
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31 Jul 20
Changes to the current Public Works Loan Boards lending terms should avoid “unintended consequences” that harm regeneration projects, CIPFA has warned.
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28 Jul 20
Spelthorne Borough Council received over 90% of rent on its commercial properties during the height of the coronavirus pandemic, PF has learnt.
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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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10 Jul 20
Thurrock Council has rejected concerns raised in the Financial Times over its investment strategy, which has seen it borrow more than £1bn from other councils.
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7 Jul 20
Transport for London has borrowed £169m in the last two months from the Public Works Loan Board, as it looks to tackle the financial losses resulting from Covid-19.
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3 Jul 20
Council investment in land and buildings has dropped for the first time since 2011-12, according to data from the Ministry for Housing, Communities and Local Government.
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26 May 20
Spelthorne Borough Council has received 90% of its March quarter rent due on its commercial assets, despite the economic disruption caused by the coronavirus pandemic.
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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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1 May 20
Westminster City Council and Barnsley Borough Council are to participate in the first pooled bonds issued by the UK Municipal Bonds Agency.
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21 Apr 20
The Public Accounts Committee has launched an inquiry into local authority investments in commercial properties.
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9 Apr 20
A London council has raised £80m for its capital investment programme through a private placement, beating the Public Works Loan Board rate despite the turbulent market disrupted by the coronavirus.
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25 Mar 20
Lending between councils has dropped as councils look to keep hold of cash due to concerns over the coronavirus pandemic, according to treasury adviser Arlingclose.
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25 Mar 20
The Public Works Loan Board lending limit is to be raised from £95bn to £115bn under measures in the Finance Act 2020.
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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.
9 Oct 20Spelthorne Borough Council has denied that its property investment strategy is unlawful after reports that auditors have raised material concerns over some of its purchases.
7 Oct 20Plymouth City Council has become the first council to agree an interest rates swap deal since a High Court ruling killed off the practice 30 years ago.
2 Oct 20Proposed restrictions on borrowing from the Public Works Loan Board should be dropped to allow district councils to develop new income streams in the wake of Covid-19, the District Councils Network...
15 Sep 20The coronavirus pandemic has led to local authorities exploring different paths for borrowing, says Merrick Cockell, chair of the UK Municipal Bonds Agency.
20 Aug 20The UK Municipal Bonds Agency has agreed a second bond with Lancashire County Council, just six months after approving its first bond in February.
6 Aug 20Councils could speed up infrastructure and affordable housing delivery by borrowing against its proposed new infrastructure levy according to the government’s consultation on planning reform.
28 Jul 20Spelthorne Borough Council received over 90% of rent on its commercial properties during the height of the coronavirus pandemic, PF has learnt.
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.
10 Jul 20Thurrock Council has rejected concerns raised in the Financial Times over its investment strategy, which has seen it borrow more than £1bn from other councils.
7 Jul 20Transport for London has borrowed £169m in the last two months from the Public Works Loan Board, as it looks to tackle the financial losses resulting from Covid-19.
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...
1 May 20Westminster City Council and Barnsley Borough Council are to participate in the first pooled bonds issued by the UK Municipal Bonds Agency.
21 Apr 20The Public Accounts Committee has launched an inquiry into local authority investments in commercial properties.
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.
19 Oct 20 to 22 Oct 20
19 Oct 20 to 22 Oct 20
