The Department for Education intends to proceed with plans to scrap a £50m school improvement grant, despite objections from the sector over financial pressures.
Warrington Borough Council has given the green light to on-lend £37.5m to a housing provider, whilst speculation continues over the future of its partly-owned company Together Energy.
A recent PF/Workday roundtable discussion gathered a host of government finance leaders to share views on the challenges and opportunities for public bodies in implementing effective financial...
Local government secretary Michael Gove has suggested that higher taxes could be levied on property developers as a “backstop” to fund the £4bn removal of dangerous Grenfell-style cladding.
A waste management authority for seven London boroughs, borrowed £280m from the Public Works Loan Board last month to help fund a new waste-to-energy facility.
More than 100 local authorities will press ahead with a High Court claim for hundreds of millions of pounds in compensation from truck manufacturers which the European Commission ruled...
An improved financial outlook means Peterborough City Council is unlikely to need to use capital financing flexibilities which it previously requested from central government, it has emerged.
Up to 80% of private finance initiatives contracts set to expire by 2028 are not covered by a solid plan for the return to the public sector, according to government’s infrastructure body.
Bolton Council has revealed that its application for £16m from the Levelling up Fund – which was not granted by Whitehall – was submitted late due to the documents being too...
Local authorities in Scotland are set to have full autonomy over the council tax rates they can set next year, amid reductions in core funding, the Scottish government has announced.
External auditors have issued a number of statutory recommendations to Sandwell Council, following what it said was a breakdown of relations between senior officers and members and a lack...
A district council in Somerset, which has spent more than £40m in commercial property outside of its boundaries, has abandoned further investment plans, amid proposed borrowing restrictions in the...
Copeland Borough Council is at risk of issuing a section 114 notice unless it receives further exceptional support, according to a government-commissioned review.
An accounting blunder saw Nottingham City Council mistakenly credit almost £16m of housing funding to its general fund rather than its housing revenue account, it has emerged.
Integrated care boards are set to take more power over NHS resources in April next year. A survey of trust leaders shows support for the move – but has outlined a number of pitfalls that must be...
Capital spending by local authorities dropped by 8% during 2020-21 compared to the previous year as Covid-19 delayed projects and councils veered away from buying property due to changes in...
The government has appointed two senior local government officials as commissioners to oversee the financial recovery of cash-strapped Slough Borough Council, following two critical independent...
Liverpool City Council has completed the refinancing of £65m of ‘lender option borrower option’ (LOBO) loans with borrowing from the Public Works Loan Board.
