A council is to use £10.5m of reserves earmarked for tackling Covid-19 to slash the amount of capital borrowing needed to fund services under special arrangements approved earlier this year by...
The London Borough of Bexley has decided not to use £5.1m additional financing flexibilities it was granted by central government this year, due to a “sound” financial position.
Canterbury City Council is set to borrow up to £4m towards the cost of recladding three authority owned tower blocks, in preparation for new rules introduced following the Grenfell Tower...
The behaviour of senior officers at Thanet Borough Council fell below “the standard expected on a number of occasions”, with the cost of resulting investigations putting the authority’s financial...
Nottinghamshire County Council will need to borrow a further £70m to deliver capital projects and refinance loans, pushing its total debt close to £600m.
A council faces a £920,000 hit to its reserves after a blunder saw pension payments wrongly removed from its 2020-21 accounts, according to an external auditor. ...
An over-budget highways project by Liverpool City Council has suffered a double whammy after its developer entered administration and budget estimates soared.
Slough Borough Council’s finance department has revised down its estimate of the level of developer contributions it is owed for local infrastructure by more than £5m.
The procurement department of an NHS trust which delivered a £6m Covid-19 hospital ward in just six weeks has scooped the grand prix at the 2021 Public Finance Awards.
The government will take over day-to-day running of London and South Eastern Railway after the government sais that the company had failed to declare taxpayer funding.
External auditors for Warrington Borough Council are considering issuing a rare statutory recommendation in coming weeks over the way the authority has accounted for its investment properties.
CIPFA has launched two new consultations on its Prudential Code and Treasury Management Code, focusing on commercial investment and officer training respectively.
Nottingham City Council members have been warned that the use of reserves to balance its budget this year “is not recommended”, after a forecast £11m gap emerged.
An administrative error at a London borough saw more than £700,000 of incorrect payments made to businesses and a social care provider, according to external auditors.
The government must develop a flexible long-term funding strategy if it is to meet its target of eliminating rough sleeping by 2024, according to experts.
Durham County Council has approved plans to fund the expansion of a local science and technology centre, which will be funded through its own resources.
