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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.
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17 Oct 19
The Treasury’s increase of interest rates for the Public Works Loan Board is “credit negative” for local authorities, a ratings agency has said.
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17 Oct 19
Pension tax relief will cost the government nearly £40bn in 2019-20 - up more than £2bn on last year, HMRC figures have shown.
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15 Oct 19
The troubled Woodford fund is to be wound up, leaving Kent County Council waiting longer than expected for repayments.
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10 Oct 19
CIPFA has launched its first Financial Management Code for nearly 15 years.
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25 Sep 19
The government’s fiscal target is “dead in the water” as borrowing has risen by 28% compared to last year, economists have warned.
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17 Sep 19
Local authority investment in shopping centres is expected to hit £1bn over a four-year period, analysis has found.
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9 Sep 19
The value of Kent County Council’s pension scheme investment in the troubled Woodford fund has fallen by £36m, figures from the local authority have revealed.
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6 Sep 19
University staff are considering strike action after analysis suggested they may be £240,000 worse off in retirement due to pension changes.
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23 Aug 19
Aberdeen City Council has taken out two loans from the Public Works Loan Board, bringing its total debt to the body to over £400m.
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16 Aug 19
US bond yields have fallen below 2% for the first time in history, producing an “inverted yield curve”, which can often signal a recession.
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 Mar 20Local 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.
10 Feb 20The pooling of investment funds in the Local Government Pension Scheme has saved £155m since the method was introduced, estimates suggest.
7 Feb 20The 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.
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.
17 Oct 19Pension tax relief will cost the government nearly £40bn in 2019-20 - up more than £2bn on last year, HMRC figures have shown.
10 Oct 19CIPFA has launched its first Financial Management Code for nearly 15 years.
17 Sep 19Local authority investment in shopping centres is expected to hit £1bn over a four-year period, analysis has found.
23 Aug 19Aberdeen City Council has taken out two loans from the Public Works Loan Board, bringing its total debt to the body to over £400m.
16 Aug 19US bond yields have fallen below 2% for the first time in history, producing an “inverted yield curve”, which can often signal a recession.
21 Oct 20 to 22 Oct 20
20 Oct 20
