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13 May 22
An English city council is restructuring a debt owed by its landmark seafront attraction to ensure it is repaid “as quickly as possible” following three years of missed payments, but has delayed a...
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13 May 22
The UK Infrastructure Bank has welcomed government plans to give it the legal power to lend directly to local authorities.
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12 May 22
CIPFA has welcomed government proposals to take greater intervention powers over council finances, saying they could help identify potential problems at an earlier stage.
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11 May 22
The local government secretary will get new powers to direct asset sales and borrowing levels at councils deemed to be at financial risk, under a clause in this week's Levelling Up Bill.
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11 May 22
Local authority borrowing from the Public Works Loan Board remains low following four Bank of England interest rates hikes, after councils capitalised on record low finance last year,...
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9 May 22
Politicians have rushed to promise to rid public bodies of their Russian holdings – leaving officers wrestling with practical difficulties.
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27 Apr 22
Shropshire Council is set to scale back its capital spending plans by more than £100m by 2025-26 amid concerns over debt servicing costs.
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26 Apr 22
Councils received £700m more than they spent last year, down 90% on the 2021-22 surplus, while the overall public sector deficit fell by more than a half.
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20 Apr 22
Treasurers should avoid using their investment strategies to try and beat the impact of inflation, says Nick Harvey.
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12 Apr 22
A waste authority has borrowed £250m through the Public Works Loan Board after market turbulence halted immediate plans to issue a bond through the UK Municipal Bonds Agency.
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8 Apr 22
A Local Government Pension Scheme pool that handles assets for 11 local government pension schemes has launched a second series of its private markets programme, including a distinct climate-related...
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6 Apr 22
Councils in England have been banned from using capital receipts to fund discretionary redundancy payments, the government announced, as it extended spending flexibilities for service reforms....
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4 Apr 22
Warrington Borough Council is expected to receive all its investment back from its stake in failed energy firm Together Energy, which went bust in January, according to its administrators.
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1 Apr 22
Borrowing from the Public Works Loan Board has helped one council to fund energy efficiency measures.
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21 Mar 22
The London Borough of Camden has joined the growing number of authorities in the UK to launch a community bond to help finance carbon reduction projects.
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11 Mar 22
Pressure is growing on central banks to bear down on global inflation – but could raising borrowing rates create more problems than it solves?
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8 Mar 22
Interest rate rises are an ineffective tool to deal with the unique drivers of the current surge in inflation, says Alex Brazier.
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4 Mar 22
In the latest twist to a long running saga, Newham Council has reached an out of court settlement with Barclays Bank to end litigation relating to a dispute regarding Lender Option Borrower Option (...
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2 Mar 22
Local government pension schemes face tough decisions on ridding themselves of any Russian investments, according to the secretary to the LGPS Scheme Advisory Board.
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1 Mar 22
Slough Borough Council says it needs a minimum of £479m in support from central government – a figure it claims could rise much higher if it fails to meet “challenging” savings targets.
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28 Feb 22
The London Borough of Croydon has warned it is at risk of issuing a Section 114 notice next year, after auditors raised questions about the accounting treatment of £73m received from subsidiary...
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28 Feb 22
An expert explains impact investing and how public sector investors can use it to achieve social goals – and healthy returns
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28 Feb 22
The UK is catching up with countries that have a longer history of municipal-owned ventures.
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25 Feb 22
We are living through uncertain economic times. This week, a group of chief investment officers gathered to discuss some of the main global issues which are likely to impact their decisions in coming...
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23 Feb 22
The Bank of England is set for only modest interest rate tightening in the coming months to deal with high inflation fuelled by supply chain backlogs, according to a senior official.
13 May 22An English city council is restructuring a debt owed by its landmark seafront attraction to ensure it is repaid “as quickly as possible” following three years of missed payments, but has delayed a...
13 May 22The UK Infrastructure Bank has welcomed government plans to give it the legal power to lend directly to local authorities.
12 May 22CIPFA has welcomed government proposals to take greater intervention powers over council finances, saying they could help identify potential problems at an earlier stage.
11 May 22The local government secretary will get new powers to direct asset sales and borrowing levels at councils deemed to be at financial risk, under a clause in this week's Levelling Up Bill.
11 May 22Local authority borrowing from the Public Works Loan Board remains low following four Bank of England interest rates hikes, after councils capitalised on record low finance last year,...
9 May 22Politicians have rushed to promise to rid public bodies of their Russian holdings – leaving officers wrestling with practical difficulties.
27 Apr 22Shropshire Council is set to scale back its capital spending plans by more than £100m by 2025-26 amid concerns over debt servicing costs.
26 Apr 22Councils received £700m more than they spent last year, down 90% on the 2021-22 surplus, while the overall public sector deficit fell by more than a half.
20 Apr 22Treasurers should avoid using their investment strategies to try and beat the impact of inflation, says Nick Harvey.
12 Apr 22A waste authority has borrowed £250m through the Public Works Loan Board after market turbulence halted immediate plans to issue a bond through the UK Municipal Bonds Agency.
8 Apr 22A Local Government Pension Scheme pool that handles assets for 11 local government pension schemes has launched a second series of its private markets programme, including a distinct climate-related...
4 Apr 22Warrington Borough Council is expected to receive all its investment back from its stake in failed energy firm Together Energy, which went bust in January, according to its administrators.
1 Apr 22Borrowing from the Public Works Loan Board has helped one council to fund energy efficiency measures.
21 Mar 22The London Borough of Camden has joined the growing number of authorities in the UK to launch a community bond to help finance carbon reduction projects.
11 Mar 22Pressure is growing on central banks to bear down on global inflation – but could raising borrowing rates create more problems than it solves?
8 Mar 22Interest rate rises are an ineffective tool to deal with the unique drivers of the current surge in inflation, says Alex Brazier.
4 Mar 22In the latest twist to a long running saga, Newham Council has reached an out of court settlement with Barclays Bank to end litigation relating to a dispute regarding Lender Option Borrower Option (...
2 Mar 22Local government pension schemes face tough decisions on ridding themselves of any Russian investments, according to the secretary to the LGPS Scheme Advisory Board.
1 Mar 22Slough Borough Council says it needs a minimum of £479m in support from central government – a figure it claims could rise much higher if it fails to meet “challenging” savings targets.
28 Feb 22The London Borough of Croydon has warned it is at risk of issuing a Section 114 notice next year, after auditors raised questions about the accounting treatment of £73m received from subsidiary...
28 Feb 22An expert explains impact investing and how public sector investors can use it to achieve social goals – and healthy returns
28 Feb 22The UK is catching up with countries that have a longer history of municipal-owned ventures.
25 Feb 22We are living through uncertain economic times. This week, a group of chief investment officers gathered to discuss some of the main global issues which are likely to impact their decisions in coming...
23 Feb 22The Bank of England is set for only modest interest rate tightening in the coming months to deal with high inflation fuelled by supply chain backlogs, according to a senior official.
