Chancellor Rishi Sunak is coming under intense pressure from NHS providers to commit more funding to help the service recover from Covid-19, according to reports.
Coventry City Council is set to create a shareholder committee to manage commercial investments, in a bid to avoid financial difficulties experienced by some authorities.
Leeds City Council spent more than £27m of central government funding for a low emissions zone to help tackle pollution before scrapping its main element last year, it has emerged.
Tensions are rising between central governemnt and a London authority over funding for repairs to Hammersmith Bridge, with transport minister Baroness Vere criticising the business case for...
The London Borough of Barking and Dagenham used Public Works Loan Board funding to increase its housing stock, with help from an authority-owned company.
Councils in England will be required to provide more information on reserve levels to the government, in a bid to improve Whitehall's understanding of financial risks.
West Lothian Council has agreed to guarantee the financial position of a wholly-owned local leisure operator until the end of April, after Covid-19 impacted on its finances.
Luton Borough Council has defended its annual capital borrowing limit, which will rise to £1bn over the next four years due to the “devastating impact” of Covid-19.
Government borrowing in the financial year to date is around 25% lower than previously forecast, as the Covid-19 recovery continues, according to the Office for National Statistics.
Covid-19 support measures and the related economic slowdown saw the Scottish government's budget deficit spike to 22.4% of GDP last year, according to latest statistics.
Shetland Island Council must reduce its reliance on reserves to help manage budgetary pressures in future years, according to the authority's finance chief.
Westminster City Council’s management of an over-budget local attraction which has become a national laughing stock has been branded ‘as an exercise in unaccountability’ by the authority's...
Chancellor Rishi Sunak has pledged there will be “absolutely no return to austerity” in the upcoming Spending Review, as the UK recovers from Covid-19.
Councils are allowed to use Public Works Loan Board borrowing to restructure existing debt even if they are pursuing banned commercial investment, according to new government ...
CIPFA has launched a new value-for-money toolkit in partnership with the Government Outcomes Lab (GO Lab) based within the University of Oxford’s Blavatnik School of Government.
Government proposals to limit commercial investment by local authorities, including the potential re-introduction of borrowing caps, are credit positive for the sector, according to ratings...
City of Edinburgh Council has failed to identify the potential costs of exiting emergency Covid-19 traffic reduction schemes, according to its internal auditors.
Local authorities in the UK borrowed more than £1bn from the Public Works Loans Board last month, as demand returned to the facility following Covid-19.