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.
Wirral Council has approved a financial recovery plan which includes suspending a planned £5m investment to create a community bank, following a critical government-commissioned review.
The London Borough of Croydon still needs to close a predicted £13m budget gap next year, despite hoping to receive £25m of financing flexibilities alongside proposed additional savings.
Nottingham City Council’s internal audit department has criticised the authority’s procurement processes, after financial regulations were waived on more than 20 occasions.
Mayors and council leaders in the Northern England are seeking discussions with the government to revive plans for a high-speed rail link to Leeds through a mechanism to capture rises in land values.
Liverpool City Council has capacity challenges in many of its corporate services including finance, puttng improvement plans at risk, according to government-appointed commissioners.
An operator which runs Luton Airport is set to retain £45m of passenger income that was originally due to be paid to a subsidiary company of Luton Borough Council.
Suffolk County Council has used Public Works Loan Board borrowing to repay £30m of ‘lender option, borrower option’ loans, but expects to deliver real terms savings of £6.4m.
The working balance of general fund reserves at cash-strapped Peterborough City Council is inadequate to deal with the financial risks the authority faces, according to its finance team.
A district council has urged CIPFA to amend proposed changes to the Prudential Code, saying they could force it to sell commercial property it claims is vital to supporting services.
Proposed updates to the CIPFA Prudential Code aimed at restricting borrowing primarily for yield purposes, could lead to ‘unintended consequences’, according to the Local Government Association.
Councils' level of business rates income held in reserve to cover future appeals rose by almost a third last year – representing an increase of almost £1bn.
