The government’s package of tax cuts aimed at boosting economic activity are unlikely to stimulate enough growth to pay for themselves, and could lead to future tax rises or spending cuts, economists...
Scottish ministers have been urged to reprioritise funding to avoid the need for some services to make “disproportionate” cuts, as delegates prepare to meet at Public Finance Live Scotland.
New chancellor Kwasi Kwarteng’s first ‘fiscal event’ to provide more details on the energy support package will take place on 23 September, PF understands.
Oxford City Council is set to lease its main office and move staff to its town hall, in a bid to deliver additional income and mitigate expensive maintenance costs.
The government’s energy cap is likely to lower inflation in the short term, but one expert warned that it might not yield longer-term savings on servicing the government’s large stock of interest-...
Thurrock Council could be forced to make £2m of cuts this year despite using millions of pounds from its reserves, amid a 10% drop in investment income.
New prime minister Liz Truss has been urged by council leaders to stand by her pledge to allocate more funding to social care as inflation bears down on their authorities’ budgets.
The government’s plan to temporarily cap energy bills for households and businesses will likely lead to higher borrowing and increased pressure on public finances, experts have said.
Scottish ministers have tabled around £500m of cuts to planned revenue and capital spending due to “enormous strains” on the devolved administration’s 2022-23 budget.
Bournemouth, Christchurch and Poole Council has received minded approval from the government over £20m of exceptional financial support in 2022-23 amid “significant concerns” over the authority’s...
Boris Johnson’s ministers rushed out a series of announcements that will impact on local government finances in the final three days of his leadership.
The government has outlined plans to shrink the size of its office portfolio by £1.5bn to help reduce running costs and provide funding to maintain properties.
Government-appointed commissioners helping Slough Borough Council get its finances back on a sustainable footing have had their powers extended to cover senior officer recruitment.
The government has proposed a temporary cap on social housing rent rises next year to help tenants already under “considerable pressure” from the cost-of-living crisis.
External auditors for South Somerset District Council have issued a statutory recommendation after officers failed to seek legal action and make the finance director aware of an exit settlement.
Councils are shelving long-term capital projects to focus on shorter term budgetary pressures brought on by rising prices without additional funding, an expert has said.
The Scottish audit watchdog has raised concerns that Shetland Islands Council lacks a clear plan on how it will fund a forecast medium-term budget gap of up to £142m.
The new prime minister would face a £23bn cost if they want to help shelter households from the ongoing cost-of-living crisis by scaling up a previously announced scheme with inflation, a leading...
The Scottish Government deficit fell at a faster rate than the rest of the UK last year, fuelled by a rise in oil revenues, according to the latest Government Expenditure and Revenue Scotland report.
Council leaders and transport bodies welcomed the final extension of Covid-19 bus funding, but warned a long-term settlement is crucial to improving local travel services.
The government is set to appoint a fifth commissioner at Liverpool City Council after a report found gaps in workforce capacity and capability across vital services.
