A Welsh council has admitted there is “more to be done” to improve its asset management after the national watchdog warned the authority it does not hold all the appropriate data.
Ministers must scrap the patchwork system of bidding pots for local government and consider allowing councils to raise their own taxes, a parliamentary committee has said.
External auditors have told Bournemouth, Christchurch and Poole Council it needs to work out how it will balance its future budgets, warning that it lacks “appropriate arrangements” to run its...
Police Scotland would need to make radical service cuts that could include the removal of the 101 phone line without additional funding, a senior office has warned.
County council leaders have warned that they face a financial situation worse than at any point in recent years, with services at risk, if their budgets are cut in the government’s push for savings.
Bournemouth, Christchurch and Poole Council is to explore the possibility of selling some of its assets to avoid using £20m of government financing flexibilities this year.
The government’s flagship policy is at risk of failure without more targeted funding for schools, local authorities and public health, economists at the Institute for Fiscal Studies have said.
Financial market instability caused by the government’s mini-budget has created an opportunity for the Local Government Pension Scheme to boost investment, with funds generally weathering the storm.
Financial market instability caused by the government’s mini-budget has pushed Public Works Loan Board borrowing rates up to their highest point in a decade, piling more pressure on council finances.
Councils could need to shrink projects they have submitted to the Levelling Up Fund because the government has refused to adjust the pot for inflation, a senior minister has said.
The government will need to spend £6bn over the next three years to help implement care reforms or risk the sector falling into a “state of collapse”, the author of an independent report has warned.
Stormont’s departmental spending will exceed UK government funding by £660m in 2022-23 putting the devolved administration’s finances at risk, amid the lack of a formal budget, according to finance...
Shropshire Council must “radically change” its passive approach to ensure it can meet the financial challenges it faces, a peer review from the Local Government Association has found.
Leicester City Council is set to place three office buildings for sale or lease after the rise of hybrid working left the properties surplus to requirements.
Levelling up secretary Simon Clarke has fired a warning signal to councils that there will be “consequences” for perceived mismanagement following a series of high-profile government interventions.
The soaring cost of living combined with a decade of austerity could see up to a sixth of English councils fully deplete their reserves in 2023-24 without substantial spending cuts, experts have...
Crisis-hit Thurrock Council has been given permission by the government to borrow almost £840m from the Public Works Loan Board to repay finance from other local authorities.
The government’s choice to not go ahead with a Spending Review this year means departments will need to make difficult decisions on services as inflation erodes their budgets, experts have warned.
Government-appointed commissioners at Slough Borough Council have questioned the authority’s decision to purchase investment properties outside its boundaries, as it prepares to sell assets for a...
The Treasury has confirmed that the government will stick to the current funding settlement for departments, despite concerns over the impact of inflation on budgets.
