The London Borough of Croydon is set to drop plans to transfer homes built by subsidiaries into its pension fund to help reduce employer contributions.
A senior MP has questioned whether the new 'system leader' for local audit proposed by the government will possess the expertise to deal with the complexities of the sector.
The government's preference for providing grants through competitive bidding creates a vicious cycle that hurts authorities most in need of the money, says CIPFA chief executive Rob Whiteman.
Reduced net migration to the UK due to Covid-19 and Brexit could create further pressure on local government finances, according to ratings agency Moody’s.
The government has proposed making the replacement to the Financial Reporting Council the new system leader for local audit, following the Redmond Review.
The health service and local government both need long-term financial sustainability if the government is to successfully respond to the next national emergency, the National Audit Office has...
Around half of Local Government Pensions Scheme assets have been transferred to investment pools, despite a dip due to Covid-19, a senior civil servant said.
A combination of pressures from Brexit and the coronavirus pandemic could squeeze city council revenues and put more pressure on budgets, according to ratings agency Standard and Poor’s.
Changes proposed under the government’s Health and Social Care White Paper could be “destabilised” without fully funded reforms of the social care sector, MPs have warned.
The Supreme Court has allowed a group of local authorities to pursue a claim for business rates against landlords who transferred properties to special purpose vehicles, in a case which could result...
Legislation aimed at flagging up financial issues in UK local authorities is outdated and needs an overhaul, according to London Borough of Croydon's interim finance chief.
The government has finally plotted a target destination for 'levelling up' but many questions remain unanswered – not least on local government resourcing – says Joe Fyans, head of research at think...
The London Borough Croydon has proposed reprofiling a £69.2m arts centre refurbishment as capital spending, after council subsidiary Brick by Brick was “unable” to fund the project.
Belfast City Council has rejected a commercial investment strategy, put forward with the aim of helping raise additional funds and finance the authority’s Covid-19 recovery.
A tribunal decision has implications for whether public bodies can keep aspects of their financial activities confidential, writes public sector commercial solicitor Henna Malik.
South Lanarkshire Council has approved the transfer of £8m to its capital programme, after receiving additional Covid-19 funding from the Scottish Government.
Councils in England reported additional cost pressures of £12.8bn relating to Covid-19 in 2020-21, according to outturn figures from the Ministry for Housing, Communities and Local Government.
