A widening budget gap at Slough Borough Council means it must make “significant reductions” to avoid exceeding its exceptional government support this year, its finance director has warned.
An unaddressed “structural” budget deficit and a lack of usable reserves mean Birmingham City Council must make £200m of cuts in the next two years, casting doubt over its ability to set a lawful...
Spending controls are needed to help Kent County Council meet a forecast £44m budget gap this year, as it works to cut overspends in adult social care and children’s services in the long term,...
A senior minister has warned that plans for Bournemouth, Christchurch and Poole Council to create additional revenues must keep to the “spirit and intent” of local government guidance.
Two county councils could issue section 114 notices “within the next year or so” as they struggle with high inflation and rising service demand without additional funding.
The impact of inflation and the fallout from the UK government’s “calamitous” mini-budget mean Scottish ministers have had to double budget cuts this year.
A government-imposed savings target could lead to “unacceptable” cuts to pension benefits at Transport for London, which faces the threat of further industrial action if such cuts were to happen.
Bournemouth, Christchurch and Poole Council is to explore the possibility of selling some of its assets to avoid using £20m of government financing flexibilities this year.
Scottish ministers have tabled around £500m of cuts to planned revenue and capital spending due to “enormous strains” on the devolved administration’s 2022-23 budget.
The government has outlined plans to shrink the size of its office portfolio by £1.5bn to help reduce running costs and provide funding to maintain properties.
Sheffield City Council’s finance director has warned the authority might struggle to deliver this year’s budget because the £25m of reserves it set aside to meet overspends has been “essentially...
Liverpool City Council has been warned that failing to meet in-year cut targets will put pressure on future budgets, harming the authority’s medium-term financial stability.
An English city council expects a multi-million-pound funding gap in its 2022-23 budget, partly fuelled by rampant inflation and social care pressures.
Rating agency Moody’s has downgraded Transport for London’s credit rating for the third time since the onset of Covid-19, partly down to ongoing uncertainty over long-term funding.
Network Rail could be forced to make yearly cuts of around £100m in maintenance spending up to 2023-24, leading to a reduction in services and greater safety risks for passengers,...
Nottingham City Council will terminate a contract with a subsidiary company managing its housing stock, after an external investigation found it misspent millions of pounds of authority funding.
Councils in England have been banned from using capital receipts to fund discretionary redundancy payments, the government announced, as it extended spending flexibilities for service reforms....
