The government has written to local authorities to confirm an extension to the deadline for statutory audit, due to the increased disruption caused by coronavirus.
Government borrowing could reach as high as £300bn this year, due to the economic policies put in place to ease finances during the coronavirus pandemic, according to think-tank the Centre for Policy...
The UK government deficit could rise to as high as £260bn – about 12% of GDP – this financial year, as a result of the measures taken amid the coronavirus pandemic, economists at PwC have predicted.
The framework governing capital investment by local authorities has been tested to breaking point by councils borrowing cheaply to invest in commercial property, according to a recent NAO report.
A London council has raised £80m for its capital investment programme through a private placement, beating the Public Works Loan Board rate despite the turbulent market disrupted by the coronavirus.
The Debt Management Office is set to auction a record £45bn in gilts this month, in order to help finance the government’s response to the coronavirus pandemic.
Chancellor Rishi Sunak has announced that self-employed people are to receive subsidies of up to 80% of profits up to £2,500 per month, in a bid keep businesses running during the coronavirus...
Following the Cabinet Office’s decision to waive the rules on payment in advance, PF speaks to Peter Schofield, vice chair of the Local Government Association's national advisory group of public...
Being able to have a say over your working hours has great attractions for both managers and employees, if the potential pitfalls are acknowledged from the outset
Universal Credit ‘advances fraud’ is estimated to have cost the Department for Work and Pensions up to £150m in the 18 months to December 2019, according to the National Audit Office.
The funding gap for local councils is estimated to be £1.4bn lower than previously forecast, according to research from the Local Government Association.
Public sector contractor and outsourcer Capita has revealed problems with its restructuring, reporting a £62m loss during 2019 and a 4% reduction in revenue.
Chancellor Rishi Sunak needs to increase funding for local government in his forthcoming Budget if the government is serious about it's aim of 'levelling-up' the UK economy, says Paul Dossett.
