The government is seeking views on whether to retain a statutory override allowing local authorities to exclude changes to pooled investment values from revenue accounts.
Failing to agree a new funding settlement with the government could leave Transport for London at risk of issuing a section 114 notice and having to stop all non-essential spending, its finance...
The government will need to give departments an additional £44bn in the coming years as inflation eats into budgets, an economist at the Institute for Fiscal Studies has said.
Hybrid working arrangements will allow East Hampshire District Council to downsize its office, costing £1.7m but with the promise of saving nearly twice that in the coming decade.
South Somerset District Council is set to reprofile a regeneration project amid fears the authority could be forced to give the money back to the government.
Local authorities need additional central government funding to cover the cost of inflation and care needs to save the sector from “the brink of collapse”, a parliamentary committee has warned.
The government has closed a loophole that might have allowed councils to use capital receipts to fund revenue costs relating to workforce and service reforms while retaining some kind of ownership of...
Redcar and Cleveland Borough Council is set to terminate a private finance initiative contract early to help slim down its office portfolio and deliver savings.
Rising wages are set to make school finances difficult next year as funding increases fall below forecast spending growth, the Institute for Fiscal Studies has warned.
Councils and the government have agreed a devolution deal for York and North Yorkshire that would create a new mayoral combined authority backed with more than half a billion pounds of long-term...
Sheffield City Council’s finance director has warned the authority might struggle to deliver this year’s budget because the £25m of reserves it set aside to meet overspends has been “essentially...
Liverpool City Council’s failure to renew an electricity contract promptly could have cost the authority £7.5m more than if it had extended earlier, an independent report has found.
The government could give commissioners at Slough Borough Council new powers after they expressed concern over how “hands-on” they have had to be while trying to help the authority turn itself around.
Independent analysis of procurement bids received by Transport for London would help ensure projects provide value for money, a scrutiny body has said, adding that it could help the Greater London...
Liverpool City Council has been warned that failing to meet in-year cut targets will put pressure on future budgets, harming the authority’s medium-term financial stability.
Councils in England could receive grants to offset landfill tax costs when redeveloping brownfield and contaminated land, in a move the government hopes could help transform underused and derelict...
A coastal council in the south of England has paused its plans to sell valuable beach huts amid discussions with the government over £54m of financing flexibilities, it has emerged.
Debt-ridden Slough Borough Council has decided to sell three pieces of land owned by a joint-venture company because it believes developing them would add too much to its already-high borrowing.
Increased service demand and soaring inflation have created a “perfect storm”, according to the finance director of an English county council forecasting a medium-term funding gap of up to £200m a...
The cost-of-living crisis is set to exacerbate existing funding constraints for councils and the social care market, and more central government funding will be necessary to avoid a winter crisis,...
