Scottish ministers have asked the Treasury to review the Scottish Government’s borrowing limits “as a matter of urgency” in the light of growing concerns over the volatility of tax receipts north of...
The Scottish Government has defended its decision to bail out private companies after it was criticised by auditors for having substantially reduced the value of £140m in loans and guarantees.
A no-deal Brexit would be likely to push the UK into recession next year and mean 2% less growth, according to an umbrella group for developed countries.
Focusing on residents as the primary users of local authority accounts can bring transparency and clarity and drive better decision-making, says Newham council’s Conrad Hall.
The Scottish Government’s borrowing powers are likely to come under increasing pressure due to the volatility inherent in the fiscal framework, MSPs have heard.
Chancellor Sajid Javid’s £13.8bn Spending Round is likely to exceed the government’s borrowing limits, the chair of the Office for Budget Responsibility has warned.
The communities secretary has postponed implementation of changes to local government funding following the Fair Funding Review and to business rates retention.
Although education had some certainty for the next three years, other public services did not and some areas are still likely to feel the pinch of austerity over the next year, says CIPFA’s Don...
Analysis by the Charity Commission for England and Wales has found that 135 out of a sample of 296 charities failed to meet its external scrutiny benchmark in their financial reporting.
To address concerns around NHS estates and equipment, and deliver on the NHS long-term plan, the NHS needs a long-term commitment to capital funding, says the Health Foundations’ Josh...
English local authorities expect austerity to continue, according to CIPFA chief executive Rob Whiteman, as latest figures showed they have added to their reserve levels.
Scotland’s net fiscal balance has improved slightly on last year, with an increase in revenues outstripping a rise in public sector expenditure, according to the latest figures.
Confidence in UK public finances has taken a hit as the latest data revealed a smaller than expected budget surplus last month following a sharp rise in borrowing.
The one-year ‘Spending Review’ announced last night by chancellor of the exchequer Sajid Javid must make local government a “top priority”, according to bodies representing councils.