Auditors have warned that the financial sustainability of NHS Lothian remains a “significant risk”, with a budget gap of £26m this year expected to spiral beyond £80m by 2021-22.
Communities secretary James Brokenshire announced the government is to examine local authority financial reporting and auditing, as he gave a ministerial address at CIPFA’s annual conference today.
District councils are juggling a host of financial challenges as they face greater spending commitments at a time when funding is falling and when many of the challenges on the horizon are ‘unknowns’.
The fairer funding formula and Spending Review will allow us to build a stronger, sustainable future for local government, says communities secretary James Brokenshire.
CIPFA’s upcoming financial management code will set the scene - but organisations will benefit to a far greater extent when this is seen as part of a wider cultural shift towards collective...
Pivotal choices loom on local government funding but if we don’t address what we expect from our councils we risk a system that fails to meet needs, says the IFS’ David Phillips.
Northamptonshire County Council has reported a budget underspend - as the prime minister tells MPs she will seek to reorganise the local authority “as soon as practical”.
Ileana Steccolini, who is speaking at the CIPFA conference on 10 July, looks at whether organisational capacities make a difference to local government financial resilience.
A think-tank has warned most forms of Brexit will damage the UK economy - while the Office for National Statistics has predicted borrowing will increase this financial year.
Scottish councils have defended their use of funds set aside for emergencies to pay for essential services after new figures showed general fund reserves would dip below £1bn next year.
In an era of unprecedented change and uncertainty, how can the public sector streamline spend to be successful? In partnership with market research specialist Vanson Bourne, we conducted...
The demands on upper-tier authorities to deliver costly social care services will be more accurately reflected in the forthcoming shake-up of local government funding, MPs have heard.
In a feature article and editorial published online and in the June 2019 edition of Public Finance, we referred to a “litany” of high profile “audit failures” in recent years, including Lehman...
Decentralising the financial system could rebalance growth across the country - and help local authorities as they become increasingly reliant on business rates, suggest Ben Gardiner and Ron...
Financial performance among health providers has “improved significantly” but the sector is still too reliant on one-off efficiency savings, according to the latest data.