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...
Universities in Scotland are expecting to suffer losses of £132m as a result of Covid-19 restrictions and lost accommodation income, according to new analysis.
The UK’s economy has been weakened by significant challenges relating to Brexit, with exit from the single market set to impact medium-term growth, according to ratings agency Moody’s.
Funding from the Scottish Government will only meet between 60% and 70% of overall financial pressures identified by councils, according to the country’s local government spending watchdog.
Covid-19 financial pressures for local authorities in England totalled £10.8bn during 2020, as forecast pressures for 2020-21 rose to £12.5bn, according to latest returns submitted to government.
Central government bodies’ day-to-day spending rose to £86bn last month, the highest monthly total since May, according to the Office for National Statistics.
Luton Borough Council is predicting a further £30m hit in lost dividend income from Luton Airport over the next two years due to Covid-19, on top of a £16m gap this financial year.
MPs have warned that the financial sustainability of some local authorities presents a “significant risk” to the government's finances, and urged the swift implementation of the Redmond review into...
