Crossrail has announced further delays to the full opening of its service, meaning the line will not be fully operational until early 2022 and adding an additional £450m to the cost of the scheme.
Northampton Borough Council has approved proposals to borrow an additional £50m to help with the acquisitions of properties, in a bid to reduce homelessness in the borough.
Economists’ predictions for the contraction in the UK’s GDP following Covid-19 became more pessimistic in August, according to the latest independent forecasts published by the Treasury.
Business rate income for local authorities halved in the first quarter, while council tax income stayed steady, according to the first official figures on the impact of Covid-19 on council income.
NHS leader’s have called on prime minister Boris Johnson to honour his promise to fix the social care sector and put the service on a sustainable footing.
Councils lack the necessary reserves to meet the £2bn shortfall local authorities still face from the impact of Covid-19, according to the Institute for Fiscal Studies.
Local authorities in Wales are set to receive an additional £260m in funding from Welsh Government, to help cover the increased costs resulting from Covid-19.
Now is the time to reset current economic frameworks and consider what fiscal rules will guide government decision-making during the Covid-19 recovery phase, says Alex Metcalfe.
The public sector in the UK mandates high ethical standards from those who work within it, and for those working directly with taxpayers’ money in particular.
Councils could speed up infrastructure and affordable housing delivery by borrowing against its proposed new infrastructure levy according to the government’s consultation on planning reform.
Proposed planning reforms announced today could raise more money for affordable homes and infrastructure by replacing the current system of developer contributions, according to the government.
Cornwall Council is to become the first council in England to pass on government funding and provide financial support for parish and town councils impacted by the coronavirus pandemic.
The Bank of England will continue to review the potential of negative interest rates, to help stimulate the UK’s economic recovery from Covid-19, it said today.
Bristol City Council has relaunched a tender for a partnership deal to help with the decarbonisation of energy in the city, after the initial process was criticised by bidders.
Communities secretary Robert Jenrick has promised to lobby the Treasury “very strongly” to ensure councils receive the funding they need at the Comprehensive Spending Review.
