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6 Apr 21
The London Borough of Croydon’s housing company Brick by Brick recorded losses in excess of £800,000 in 2019-20.
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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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18 Mar 21
The Bureau of Investigative Journalism has won the first half of its battle to force Thurrock Council to disclose details of more than £700m of loans from other councils and the investments they went...
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2 Feb 21
CIPFA is consulting on proposed strengthening training for treasury management staff, following the introduction of legislation allowing public bodies to use more complex financial tools.
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18 Dec 20
The recent restrictions imposed on borrowing from the Public Works Loan Board will make budget management in the medium term more challenging, ratings agency Moody’s has said.
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3 Nov 20
Following the pricing of a £250m bond by the London Borough of Sutton, PF speaks to David Whelan, managing director of public sector treasury at Link Group, which advised on the deal.
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3 Nov 20
A bond totalling £250m, set to be issued by a London council has been priced at 1.7% – below the rate available from the Public Works Loan Board.
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30 Oct 20
A London council is set to launch a private placement bond through a digital platform to refinance debt and help fund its capital programme for the next four years.
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23 Oct 20
Levels of reserves for councils in England dropped by £900m in 2019-2020 to £23.7bn, according to outturn figures published by the Ministry for Housing, Communities and Local Government.
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5 Oct 20
Joint ventures can allow an authority to share in some of the return from the development of their assets. But they need a solid strategic base to succeed
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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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10 Mar 20
Local authorities dived back into Public Works Loan Board borrowing this week after the interest rate on some loans dropped below 2% following the coronavirus outbreak.
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10 Feb 20
The pooling of investment funds in the Local Government Pension Scheme has saved £155m since the method was introduced, estimates suggest.
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7 Feb 20
The maiden bond launched by the UK Municipal Bonds Agency is the first step in a sector-wide shift away from the Public Works Loan Board, local government finance figures have said.
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29 Jan 20
Kent County Council will receive a £138.9m repayment following the collapse of the Woodford fund, a reduction of 56% from the peak of its investment.
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28 Jan 20
A £30bn local government pension fund has threatened to halt investment in companies that fail to recognise the financial risks caused by climate change.
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14 Jan 20
The Public Works Loan Board interest rate hike caused “dismay” among councils, according to Sarah Pickup deputy chief executive of the Local Government Association.
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10 Jan 20
Kent County Council will have to wait a further 10 days before it receives its first payment from the stricken Woodford Equity Income Fund, it has been announced.
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8 Jan 20
West Berkshire Council is considering creating a “climate change bond” to fund green projects.
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8 Jan 20
South Somerset District Council has struck a commercial property deal worth nearly £10m for an office block 150 miles away.
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6 Dec 19
Treasury management takes a new turn as local authorities knit investment strategy with local growth, social and regeneration ambitions. Karen Day reports.
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25 Nov 19
University staff across 60 institutions have begun eight days of strikes over changes to their pensions and work conditions.
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8 Nov 19
Peter Hetherington looks at whether county councils have missed a trick in failing to exploit agricultural land that could represent a solid, long-term investment.
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6 Nov 19
Councils could be subject to greater regulation if the sector continues to make controversial commercial property investments, CIPFA’s chief executive has warned.
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5 Nov 19
A Canadian public sector pension fund will plough £250m into a new property development for tech companies in Cambridge, UK, it has announced.
6 Apr 21The London Borough of Croydon’s housing company Brick by Brick recorded losses in excess of £800,000 in 2019-20.
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.
18 Mar 21The Bureau of Investigative Journalism has won the first half of its battle to force Thurrock Council to disclose details of more than £700m of loans from other councils and the investments they went...
2 Feb 21CIPFA is consulting on proposed strengthening training for treasury management staff, following the introduction of legislation allowing public bodies to use more complex financial tools.
18 Dec 20The recent restrictions imposed on borrowing from the Public Works Loan Board will make budget management in the medium term more challenging, ratings agency Moody’s has said.
3 Nov 20Following the pricing of a £250m bond by the London Borough of Sutton, PF speaks to David Whelan, managing director of public sector treasury at Link Group, which advised on the deal.
23 Oct 20Levels of reserves for councils in England dropped by £900m in 2019-2020 to £23.7bn, according to outturn figures published by the Ministry for Housing, Communities and Local Government.
5 Oct 20Joint ventures can allow an authority to share in some of the return from the development of their assets. But they need a solid strategic base to succeed
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.
10 Feb 20The pooling of investment funds in the Local Government Pension Scheme has saved £155m since the method was introduced, estimates suggest.
29 Jan 20Kent County Council will receive a £138.9m repayment following the collapse of the Woodford fund, a reduction of 56% from the peak of its investment.
28 Jan 20A £30bn local government pension fund has threatened to halt investment in companies that fail to recognise the financial risks caused by climate change.
10 Jan 20Kent County Council will have to wait a further 10 days before it receives its first payment from the stricken Woodford Equity Income Fund, it has been announced.
8 Jan 20West Berkshire Council is considering creating a “climate change bond” to fund green projects.
8 Jan 20South Somerset District Council has struck a commercial property deal worth nearly £10m for an office block 150 miles away.
6 Dec 19Treasury management takes a new turn as local authorities knit investment strategy with local growth, social and regeneration ambitions. Karen Day reports.
25 Nov 19University staff across 60 institutions have begun eight days of strikes over changes to their pensions and work conditions.
8 Nov 19Peter Hetherington looks at whether county councils have missed a trick in failing to exploit agricultural land that could represent a solid, long-term investment.
6 Nov 19Councils could be subject to greater regulation if the sector continues to make controversial commercial property investments, CIPFA’s chief executive has warned.
28 Sep 21
7 Jul 21 to 8 Jul 21
