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22 Feb 21
Experienced local government finance officer Chris Buss is joining London Borough of Croydon as director of finance on an interim basis, after the resignation of current post holder Lisa Taylor.
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14 Jan 21
London Borough of Croydon is likely to lend more money to its cash-strapped housing company Brick by Brick, it has revealed.
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5 Jan 21
Cash-strapped London Borough of Croydon will not need to issue a third section 114 notice this financial year, after advice from CIPFA.
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8 Dec 20
A team sent in by ministers has concluded that Nottingham City Council cannot set a balanced budget for next year without government support, according to a leaked report.
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2 Dec 20
The London Borough of Croydon has issued a second section 114 notice after it was unable to make sufficient cuts to balance a forecast £66m overspend in its budget this year.
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27 Nov 20
Making hard choices is the only way for London Borough of Croydon to bounce back from the financial brink, says the authority’s cabinet member for finances.
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25 Nov 20
Croydon Council has been unable to set out more than £11.2m of in-year savings towards a £67m shortfall this year – saying the task is impossible without central government support.
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23 Nov 20
The financial performance of London Borough of Croydon’s commercial companies and other ventures have consistently missed forecasts outlined in their business plans, according to a review.
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16 Nov 20
The Local Government Association has launched an investigation into whether disciplinary action should be taken in relation to senior management actions at financially-stricken London Borough of...
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13 Nov 20
In February 2018, Mark McLaughlin became the first section 151 officer in almost 20 years to issue a section 114 notice. Writing exclusively for PF, Northamptonshire’s former finance director makes a...
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13 Nov 20
Section 151 officers face a 'tipping point’ requiring tough decisions on whether to follow London Borough of Croydon in issuing a section 114 notice, CIPFA chief executive Rob Whiteman has told MPs.