Five-year business plans by a new oversight body, Great British Railways, will inform government decisions on funding for the rail sector under a shake-up of the system announced by the government.
Around half of Local Government Pensions Scheme assets have been transferred to investment pools, despite a dip due to Covid-19, a senior civil servant said.
The government actuary’s assumptions on life expectancy will be critical in assessing the costs for the Local Government Pensions Scheme coming as it emerges from Covid-19, according to an industry...
A combination of pressures from Brexit and the coronavirus pandemic could squeeze city council revenues and put more pressure on budgets, according to ratings agency Standard and Poor’s.
Torbay Council proposes borrowing at least £45m to lend to a recently-created housing subsidiary, to help boost the number of affordable homes in the borough.
The London Borough of Newham has approved plans to spend hundreds of millions of pounds in the next three years to regenerate and add to its housing stock.
Former prime minister David Cameron defended supply chain finance as a way of reducing cost of public service provision, as he faced questions from MPs on the lobbying scandal.
The London Borough Croydon has proposed reprofiling a £69.2m arts centre refurbishment as capital spending, after council subsidiary Brick by Brick was “unable” to fund the project.
Belfast City Council has rejected a commercial investment strategy, put forward with the aim of helping raise additional funds and finance the authority’s Covid-19 recovery.
The government needs to commit £102bn of additional NHS and social care funding over the next decade to improve health equality post-Covid-19, medical experts have said.
South Lanarkshire Council has approved the transfer of £8m to its capital programme, after receiving additional Covid-19 funding from the Scottish Government.
Councils in England reported additional cost pressures of £12.8bn relating to Covid-19 in 2020-21, according to outturn figures from the Ministry for Housing, Communities and Local Government.
Charlene Maginnis, Crown Commercial Service’s head of policy delivery – supply chain and service offering, explains how the Government’s rules on social value are shaping the public sector’s buying...
The recently announced budget watchdog created to assess Northern Ireland’s public finances will not have “legally binding teeth” to prevent scandals such as that surrounding the green energy scheme.
Civil service unions are threatening the Treasury with a push for a judicial review over “diabolical” proposed changes to pension scheme benefits, following the McCloud judgement.
The government’s “arbitrary” fiscal rules are not fit for purpose and should be replaced by a more flexible framework, according to a leading research institute.
Former prime minister David Cameron “quite persistently” lobbied Treasury officials to allow now-defunct Greensill Capital to access government Covid-19 support, according to the department's top...
Local authorities who have applied for greater financial flexibilities to help balance their books could be waiting in limbo until September to receive confirmation, a senior civil servant said this...
