Councils in England face setting aside an additional £2bn to help cover business rates appeals over the next two financial years due to Covid-19, unless central government support is forthcoming.
Woking Borough Council will borrow an additional £130m to cover increased costs resulting from Covid-19 and Brexit on a flagship mixed-use regeneration project.
Covid-19 has left councils more than £1bn short of their expected council tax revenues. But what explains the wide variation among collection levels between different authorities? Kate Ogden, local...
Leicestershire County Council says it could raise £18m of revenue each year to fund services after agreeing an £89m expansion of its commercial property portfolio.
The government is close to approving two capitalisation directions worth £12.8m to help Eastbourne Borough Council meet funding gaps caused by Covid-19.
Local authorities lack the expertise to manage the wind-down of private finance initiative deals as contracts begin to come to an end, a civil servant warned this week.
Government plans to procure personal protective equipment before Covid-19 were inadequate, leading to hundreds of millions of pounds being wasted on PPE not fit for purpose, according to a group of...
The government is considering an overhaul of the healthcare system which would put partnerships between councils and the NHS onto a statutory footing, a leaked document reveals.
Local government spending power will be around two percentage points lower than the 4.6% trailed by the government in the final funding settlement announced yesterday, according to a local government...
West Berkshire Council is to shelve the uncompleted third of its £100m commercial investment plan following the introduction of new restrictions on borrowing from the Public Works Loan Board.
The number of loans taken from the Public Works Loan Board fell in January, with one treasury adviser saying Covid-19 payments from government could have weakened borrowing demand.
CIPFA is consulting on proposed strengthening training for treasury management staff, following the introduction of legislation allowing public bodies to use more complex financial tools.
Local authority finance officers joined a recent webinar hosted by TechnologyOne and CIPFA to assess the role of digital technology adoption in helping councils respond to Covid-19.
The government has “no other credible alternative” to granting the London Borough of Croydon a capitalisation direction to ease its financial woes, a review it commissioned has concluded.
Richard Lloyd-Bithell, senior technical manager at CIPFA, runs through the new proposals for the Prudential Code in response to increased local authority investment in commercial property.
Robert Jenrick fast-tracked grant funding to local authorities at the start of the Covid-19 crisis last year despite objections from civil servants, according to the National Audit Office.
The Valuation Office Agency has paused talks over hundreds of millions pounds worth of potential Covid-19-related business rates rebates for offices, PF has learnt.
Northampton Borough Council displayed significant governance failures over loans paid to its local football club Northampton Town FC, according to a public interest report issued by auditors this...