A West Midlands council is looking to commercialise its management of parks, theatres and museums in a bid to reduce the burden they place on its revenue budget.
An English city council expects a multi-million-pound funding gap in its 2022-23 budget, partly fuelled by rampant inflation and social care pressures.
Crisis-hit Slough Borough Council has been instructed to sell the majority of its property holdings in a bid to get its finances back on a sustainable footing.
A county council in the north of England has issued a Section 114 notice over unlawful spending on commercial ventures and additional payments to its chief executive.
A watchdog has warned that a proposed merger of waste management firms could reduce competition and lead to more costly and lower quality services for councils.
An English county council is set to reallocate funds earmarked for construction projects to help close a forecast £4.5m gap in its structural maintenance programme as soaring inflation puts pressure...
A council in south east England has discussed its high debt levels with the government, amid concerns it could fall foul of proposed capital risk interventions.
Seventeen district and borough councils in England will receive directions from the government limiting capital spending and procurement before they are replaced by new unitary authorities next year.
The government is set to restrict new local authority borrowing from the Public Works Loan Board if it believes the council is at risk of not repaying.
CIPFA / LASAAC has launched an urgent consultation on changes to the local authority accounting code to deal with infrastructure reporting issues currently holding up the sign-off of some sets of...
CIPFA has welcomed government proposals to take greater intervention powers over council finances, saying they could help identify potential problems at an earlier stage.
The local government secretary will get new powers to direct asset sales and borrowing levels at councils deemed to be at financial risk, under a clause in this week's Levelling Up Bill.
Local authority borrowing from the Public Works Loan Board remains low following four Bank of England interest rates hikes, after councils capitalised on record low finance last year,...
Rating agency Moody’s has downgraded Transport for London’s credit rating for the third time since the onset of Covid-19, partly down to ongoing uncertainty over long-term funding.
The Bank of England's Monetary Policy Committee has hinted that further interest rate rises are on the horizon, after it hiked borrowing rates for the fourth consecutive meeting.
Clive Betts, chair of Parliament's Levelling Up, Housing and Communities Committee has urged the government to provide additional funding to help authorities mitigate services pressures stemming from...
A lack of comprehensive data is hampering the government’s ability to track how funding cuts have impacted councils in England, according to the Institute for Government.
