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.
Sheffield City Council expects social care pressures to make up more than 70% of a £43m funding gap this year, with further government support needed to ensure medium-term viability.
Tight funding settlements will leave Welsh authorities with difficult decisions on which services to prioritise, as the nation recovers from Covid-19, according to its spending watchdog.
Scottish National Party members have supported a motion calling for local authorities to be allowed a more permissive environment to raise revenues to help fund services.
The level of scrutiny and financial management placed on the government’s £37bn Test and Trace programme was “disappointing”, according to a senior Treasury official.
Healthcare services in England will likely require multi-billion-pound top-ups over the medium term if they are to avoid spending reductions, according to the Institute for Fiscal Studies.
Central government has no understanding of the scale and funding challenges facing local authorities in implementing net zero objectives, senior councillors have told MPs.
Cambridgeshire County Council will need to establish a clear strategy on council tax after missing out on much-needed income in recent years, according to the Local Government Association.
The London Borough of Merton is set to relinquish property sale income on a £1.2bn joint-venture, after a funding gap emerged in the project last year.
