The £1.5bn Green Homes Grant was approved by a senior civil servant, despite an internal committee rejecting its business case, according to the National Audit Office.
Spending available to “unprotected” government departments will be tight over the next three years, and could lead to some areas receiving cuts, according to the Institute for Fiscal Studies.
Nottinghamshire County Council has reported a 12.5% increase in the cost of its flagship highways project, which one councillor warned could become “its HS2”.
Local government bodies continued to pile into the Public Works Loan Board last month, as authorities take advantage of cheap financing, according to a finance chief.
NHS England will need a further £10bn next year, to help cover Covid-19 costs without the need for service cuts, according to two leading health bodies.
Mansfield District Council is set to sell a hotel it owns in Edinburgh, after the Covid-19 lockdown led to the operator saying the site was ‘unsustainable’.
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 ...
