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13 May 22
An English city council is restructuring a debt owed by its landmark seafront attraction to ensure it is repaid “as quickly as possible” following three years of missed payments, but has delayed a...
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7 Apr 22
The government's has slashed Local Enterprise Partnerships' growth hub funding by half this year, a move which could lead to redundancies and cutting of business support services, according...
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28 Mar 22
The recent consultation to changes in the Minimum Revenue Provision regime in England has now closed and has prompted criticism of some of the more extreme approaches taken by local authorities in...
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30 Nov 21
Fraud and error in pandemic support programmes have led to head of the National Audit Office Gareth Davies qualifying his opinion on the 2020-21 accounts of the Department for Business, Energy and...
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5 Nov 21
As Glasgow hosts COP26, council leader Susan Aitken is seeking to lure green investors to the city.
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1 Nov 21
Accountancy firm Grant Thornton has been fined more than £700,000 by the Financial Reporting Council for serious failures connected to its auditing of outsourcing firm Interserve.
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28 Sep 21
Accountancy firm Grant Thornton has been sanctioned by the Financial Reporting Council for failures in its audits of Patisserie Valerie before the café chain company collapsed, showing “a serious...
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27 Sep 21
A future Labour government would replace non-domestic rates with a fairer system to ease the burden on smaller high street firms, shadow chancellor Rachel Reeves has announced.
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22 Sep 21
A US company that supplies the UK food industry with carbon dioxide will receive “many millions” of pounds from the UK government to restart production and keep the sector supplied.
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13 Aug 21
Two companies that targeted 41 councils with fraudulent Covid-19 grant claims have been wound up after High Court hearings.
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25 May 21
The UK’s “de facto” flagship industrial policy “appears to have completely failed” to encourage research and development spending, a group of Cambridge academics have found.
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14 May 21
Consultation shows support for online sales tax, but briefing raises questions over appetite for change.
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30 Apr 21
A government programme hoped to address long-term problems facing the UK economy is too focused on how much it spends, rather than the results it achieves, MPs have said.
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5 Mar 21
The government has confirmed it will triple the cap for Covid-19 business grants administered by local authorities as it moves away from European Union state aid rules.
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4 Feb 21
Councils must be compensated if they are to comply with a new call by government to delay business rates billing, according to CIPFA.
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3 Feb 21
Lincolnshire County Council is set to use £12m of its reserves to fund additional business support help small firms in the area.
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29 Jan 21
This week, PF revealed that the Valuation Office Agency has halted talks over business rates rebates for offices – but the government could still face a bill of £500m to compensate councils for lost...
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6 Jan 21
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5 Jan 21
Chancellor Rishi Sunak has announced a grant funding package worth up to £4.6bn to be allocated by councils, to help keep businesses in Britain afloat following the third national lockdown.
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3 Dec 20
Two experts give their views on whether local authorities should be worried about future of city centres following Covid-19.
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29 Oct 20
Councils face a massive rise in business rates appeals, which have reached around 1,000 a day as a result of Covid-19, according to real estate firm Colliers.
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15 Oct 20
Liverpool City Region is to launch a £10m emergency fund in a bid to protect hospitality and leisure businesses from the economic impact of new Covid-19 restrictions.
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7 Oct 20
As much as £26bn paid out under the government-backed Bounce Back Loan Scheme could be lost to fraud or default, according to the National Audit Office.
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27 Jul 20
Chancellor Rishi Sunak is considering implementing an online sales tax as the government seeks alternatives to business rates, according to reports.
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6 Jul 20
The government has announced it is to allocate £1.57bn in grants and loans to museums, galleries, theatres, independent cinemas, heritage sites and music venues, in a bid to offset the financial...