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.
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’.
