Two counties have been offered separate devolution deals worth more than £1bn over the next 30 years, alongside new powers over education and regional development.
Slough Borough Council will need to sell £100m of property in the next nine months if it is to repay much of its short-term debt without its interest rates effectively quadrupling.
The successful delivery of savings and tight spending controls have helped Peterborough City Council make significant progress towards long term financial stability, an independent panel has said.
External auditors for Spelthorne Borough Council have issued a rare public interest report amid concerns the authority’s historical commercial investment breached local government regulations.
Thurrock Council’s concentrated investment strategy was a failing that resulted in a £470m budget black hole, according to the official turnaround team.
Failed investments have put Thurrock Council in a grave financial position and facing a deficit of nearly half a billion pounds this year, the commissioners sent in to sort out the authority’s...
The Scottish Government should be given the resources and powers to dictate how levelling up and post-Brexit development funding is allocated, a senior minister has said.
The government’s approach of funding social care simply in order to relieve the NHS shows it has the wrong perspective on the importance of care services, peers have said.
Measures in the Autumn Statement favour councils in well-off areas that already raise lots of money from council tax, while those in deprived areas that already bore the brunt of austerity miss out,...
Autumn Statement plans to keep public bodies’ spending tight from 2025 onwards are unlikely to actually be followed when the time comes, economists have said.
Ministers should consider scrapping the final round of the Levelling up Fund and use the money to provide funding to current projects that risk being cut because of inflation, an expert has told MPs.
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.
A solar investment company of which Thurrock Council has been named as a “major creditor” has entered into administration in a move the authority has said could help to reduce its high level of debt...
Around a third of UK investors that received money from a Covid-19 support fund would have invested money had the fund not existed, an independent report has found.
The government fears Liverpool City Council faces “substantial” challenges to its finances, and has appointed a finance commissioner to help get the authority back on track.
The collapse of Bolsover District Council’s preferred building contractor has led to the authority setting up a wholly owned company to continue its development ambitions.
External auditors for Redditch Borough Council have issued a statutory recommendation over the authority’s failure to submit its statement of accounts on time.
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.
Councils have no room for cuts in children’s care budgets, and soaring demand means the sector will need three quarters of a billion pounds just to “stay still” this year, a senior officer has warned.
Councils in the UK entered the cost-of-living crisis in a “solid” financial position due to central government funding, and this position will help the sector in the difficult times to come, a...
Plans to centralise care in Scotland into a national body could cost “significantly” more than current forecasts, and the devolved government has not yet assessed the full cost of the transition, the...
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.
