As interest rates expectations change we observe a wider spread of pricing in the “LA to LA” market. Does this represent an opportunity for borrowers and investors?
The Local Government Pension Scheme Advisory Board has updated its investment code to require cost breakdowns from third-party fund managers, in an attempt to improve transparency.
Redcar and Cleveland Borough Council claims it was misled by the government on the amount of support it was due after it was hit by cyber attack last year.
CIPFA is again consulting on changes to the Prudential and Treasury Management Codes with the expectation that revised guidance will be in place by December 2021.
An improving financial position for Wirral Council has led to the authority reducing the level of expected government support this year by £3.5m, according to its finance chief.
Nottingham City Council has proposed more than £12.2m of new savings, to help manage a widening budget deficit next year, including closing multiple children’s centres.
The government is set to reduce the amount of grant funding pots available to local government, to help simplify the bidding process, a senior minister has told MPs.
The government’s proposals to scrap a £50m school improvement grant has been criticised by local authorities, with educations budgets already stretched.
CIPFA has announced its intention for a ‘soft launch’ of its forthcoming revised Prudential and Treasury Management Codes, with full implementation set to be expected for 2023-24 strategies.
UK councils will have an additional three months to deliver projects from a post-Brexit funding pot, after the government yesterday announced the delayed allocations.
An energy company owned by Warrington Borough Council has delayed complying with an order to pay £12.4m to regulator Ofgem, running the risk of losing its licence to supply energy.
The government should not provide additional financial flexibilites to Peterborough City Council unless it offloads at least £43.5m of property, according to a review by CIPFA.
A government-appointed improvement board has voiced worries about the Nottingham City Council's timetable for adopting a medium term financial strategy, which is seen as key to delivering financial...
NHS supply chain finance schemes promoted by former Downing Street advisor Lex Greensill delivered no evidence of promised savings, according to the National Audit Office.
The joint Spending Review and Autumn Budget pledged real-terms funding increases for each central government department. PF rounds-up where that money is heading.
The government is set to appoint commissioners to take over governance and financial scrutiny at Slough Borough Council following two critical independent reviews.
Next week’s Spending Review is likely to see the government indicate the future of delayed reforms to local authority finance, according to the government.
