Councils in England are set receive to an additional £30m to fund measures including Covid-19 marshals, to ensure the public and businesses follow coronavirus rules.
A new package of funding and financing flexibilities for local authorities in Scotland will allow councils to use capital receipts to meet funding pressures.
Plymouth City Council has become the first council to agree an interest rates swap deal since a High Court ruling killed off the practice 30 years ago.
Public sector organisations should look into how they plan to exit private finance initiatives or they could face disruption to services, says Ian Tasker.
Local authority expenditure on Covid-19 dropped in August to £567m, down from £594m in July, according to latest statistics from the Ministry of Housing, Communities and Local Government.
Chancellor Rishi Sunak has been asked by Parliament’s Treasury Select Committee asked to explain the arrangements put in place to help devolved administrations mitigate issues arising from the...
Proposed restrictions on borrowing from the Public Works Loan Board should be dropped to allow district councils to develop new income streams in the wake of Covid-19, the District Councils Network...
The upcoming Comprehensive Spending Review should outline £10.1bn in funding for local authorities up to 2023-24 to help meet funding gaps and increased demand on services, the Local Government...
The Cabinet Office took reasonable steps to control the cost of ventilator procurement on behalf of the NHS during the early stages of the pandemic, according to the National Audit Office.
The UK is unlikely to see negative interest rates “imminently”, according to David Ramsden, deputy governor for markets and banking at the Bank of England.
Transport for London requires an extra £2bn this financial year to cover the drop in revenues relating to Covid-19, or risk deterioration of the transport network not seen since the 80s and 90s, it...
The upcoming review of the Treasury’s Green Book should limit private sector involvement in business cases to reduce complexity and increase transparency, according to think tank Centre for Cities.
Sir Tony Redmond’s recently published review ticks most – if not all - the boxes needed to improve local authority audit, says Diana Melville, CIPFA’s governance adviser.
English councils will need billions of extra funding both this year and in the long-term, due to the impact of the Covid-19 crisis, a think-tank has warned.
Speculation is growing that the government will opt for another one-year spending round following the announcement that November’s Budget will be delayed until next year.
A London council is likely to have to issue a section 114 notice if a bid to use capital funds for revenue services is refused by central government, its section 151 officer has indicated.
The Bank of England has outlined plans to explore how negative interest rates could be implemented for the first time, to help the UK’s economic recovery from Covid-19.
Public sector members of the Local Government Pension Scheme aged over 55, who are made redundant and wish to take early retirement as result, will face “significant” cuts to their benefits if...
More than 100 councils in England have reported fraudulent claims for Covid-19 grants since the introduction of the emergency measures, according to a report.
Luton Borough Council has approved the borrowing of £60m, which it then intends to lend to its wholly-owned London Luton Airport Ltd as it seeks to offset losses resulting from Covid-19.
The Department for Education's upcoming 10-year reform programme must include a “clear vision on the structure and funding of the college sector”, the National Audit Office has said.
