-
24 Mar 20
The government has confirmed the £500m hardship fund announced during the Budget will be used to fund council tax relief for vulnerable households affected by the coronavirus pandemic.
-
24 Mar 20
The Cabinet Office has decided to waive the rules on payment in advance, in a bid to help local authority suppliers stay afloat during the coronavirus pandemic.
-
20 Mar 20
Councils are set to receive £1.6bn of funding to help fight the coronavirus pandemic, as part of the government’s £5bn coronavirus fund announced during the Budget.
-
19 Mar 20
A reform of the council tax system could see a 50% decrease in payments for people in the most deprived regions of the country, says the Institute of Fiscal Studies.
-
19 Mar 20
Welsh councils are preparing to “scale back” some services as the coronavirus outbreak continues to grow in the UK.
-
17 Mar 20
A reported delay to the Treasury's Spending Review is “unsurprising” according to the County Councils Network.
-
17 Mar 20
Central government is to increase the public health grant by £145m to £3.3bn in 2020-21, a real term increase of 2.6% compared with 2019-20.
-
16 Mar 20
Birmingham City Council finance chief Clive Heaphy has resigned after his application for the vacant chief executive role was unsuccessful.
-
16 Mar 20
Northamptonshire County Council has predicted a surplus of £119,000 on its 2019-20 budget.
-
13 Mar 20
City of Edinburgh Council has allocated £2m of a £7.43m award from the Scottish Government’s recent budget to tackle impacts from the coronavirus outbreak.
-
13 Mar 20
The Treasury has written to local authority finance officers to confirm a new discount rate for borrowing for housing spending from the Public Works Loan Board.
-
12 Mar 20
Another fundamental review of business rates has been announced by the Treasury.
-
12 Mar 20
Local pension fund pool, the London Collective Investment Vehicle has launched a new sustainable equity exclusion fund.
-
12 Mar 20
Engagement between neighbours has fallen over the past five years as investment in community services has declined, data has shown.
-
11 Mar 20
Rob Whiteman says that today's Budget failed to answer huge questions about the sustainability of local government funding.
-
11 Mar 20
CIPFA’s chief executive warns that government proposals to restrict council investment in commercial property could signal a more prescriptive approach.
-
11 Mar 20
Rishi Sunak has announced £5.2bn of capital spending on flood defences over six years, as part of a package of environmental measures in the Budget.
-
11 Mar 20
The government has announced plans to cut the Public Works Loan Board interest rate - but only after it has introduced measures to ban councils borrowing to invest in commercial property.
-
10 Mar 20
The government’s proposed changes to public finance could truly pave the way to a‘decade of renewal’, but more detail is needed in the Budget.
-
10 Mar 20
This week’s Budget could adopt dramatically different tactics on current and investment spending, says Isabel Stockton.
-
9 Mar 20
The “high quality” of the local government sector made the Municipal Bonds Agency’s first bond issuance possible despite turbulent financial markets, the agency’s chairman has told PF.
-
9 Mar 20
The funding gap for local councils is estimated to be £1.4bn lower than previously forecast, according to research from the Local Government Association.
-
6 Mar 20
The chair of the National Infrastructure Commission has voiced his disappointment over a delay to the publication of the government's £100bn National Infrastructure Strategy.
-
6 Mar 20
Public sector contractor and outsourcer Capita has revealed problems with its restructuring, reporting a £62m loss during 2019 and a 4% reduction in revenue.
-
5 Mar 20
The Municipal Bonds Agency today issued its inaugural bond at a rate of just over 1% - significantly beating the cost of borrowing from the Public Works Loan Board.