The government will allocate a further £56m to tram and light rail services in England to help keep services running through the Covid-19 recovery period.
A worst case scenario with repeated lockdowns and a slow economic recovery would leave a county council in southern England with a shortfall of £220.3m from next year until 2024-25, the...
New CIPFA president Mike Driver leads the UK government’s Covid-19 managed quarantine programme. Post-pandemic, the skills of public finance professionals will be needed like never before, he says.
Covid-19 and work overruns will mean Crossrail will exceed its current funding envelope, the government spending watchdog said in a report released today.
More auditor interventions through statutory recommendations and public interest reports to local authorities are likely to occur in coming years, an audit expert has warned.
Local authority net zero objectives are being hampered by a lack of funding, relevant skills and supportive government framework, delegates to the opening session of Public Finance Live 2021 heard...
Warwickshire County Council has approved plans to borrow up to £130m over the next five years, which it intends to pass on to businesses to help their long-term recovery from Covid-19.
CIPFA has praised Slough Borough Council’s finance director on the decision to publish a section 114, freezing all non-essential spending as the authority attempts to balance its budget.
The London Borough of Croydon may need to write-off up to £52m in loans to wholly-owned housing firm Brick by Brick, after rejecting the sale of the company.
Public Finance magazine and Workday recently brought together a group of senior public sector finance leaders for a roundtable discussion exploring ways in which government departments can use agile...
The Municipal Bonds Agency – aimed at providing cheap borrowing to local authorities – faces doubts over its future after racking up pre-tax losses of £650,000 last year.
Eight struggling local authorities will be subject to financial healthchecks by CIPFA as they await approval on £72.5m of government support, ministers have announced.
An investment company set up to buy commercial property on behalf of two councils has suffered cumulative losses of more than £12.5m since it launched four years ago.
Uttlesford District Council is applying for a credit rating to allow it access to a greater range of borrowing to fund its multi-million programme of out-of-borough commercial investments.
Leicestershire County Council will ask its schools to transfer £2m of funding to help meet a burgeoning special educational needs deficit, which presents a “significant risk” to the authority.
More than 85% of police forces in the UK have signed up to the latest iteration of a programme encouraging financial excellence in financial reporting.
