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14 Jun 21
Guidance on the environmental, social and governance of local authority counterparties will be included in the risk management section of the revised Treasury Management Code, in a switch of approach...
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11 Jun 21
A group of experts has begun work to help create a set of standards for green investment in the UK, with sustainability becoming increasingly important for investors, including in the public sector.
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11 Jun 21
A district council is planning to invest £56m in commercial property outside its boundaries this year, funded through borrowing from other local authorities.
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17 May 21
Torbay Council proposes borrowing at least £45m to lend to a recently-created housing subsidiary, to help boost the number of affordable homes in the borough.
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12 May 21
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.
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12 May 21
Torbay Council has outlined plans for a £1m community green bond, as it seeks to become the third authority to launch such an investment.
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10 May 21
A tribunal decision has implications for whether public bodies can keep aspects of their financial activities confidential, writes public sector commercial solicitor Henna Malik.
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7 May 21
South Lanarkshire Council has approved the transfer of £8m to its capital programme, after receiving additional Covid-19 funding from the Scottish Government.
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20 Apr 21
Thurrock Council invested £85m in a solar farm scheme based on a "materially false” prospectus that failed to mention suspected defects with the equipment, according to a High Court judge.
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15 Apr 21
A tribunal has approved a last-minute extension allowing Thurrock Council to continue its battle against being forced to reveal details of borrowing and investment activities of around £700m.
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15 Apr 21
The London Borough of Croydon expects to receive the majority of “at-risk” loan interest from its crisis hit housing company Brick by Brick in 2020-21, according to its finance chief.
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6 Apr 21
The London Borough of Croydon’s housing company Brick by Brick recorded losses in excess of £800,000 in 2019-20.
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1 Apr 21
Local authorities in England borrowed £856m from the Public Works Loan Board last month, as councils refocus on capital projects following a lull due to Covid-19.
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31 Mar 21
The London Borough of Croydon has withdrawn its section 114 notice, following the government’s decision to grant support allowing the authority to balance its 2020-21 budget.
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29 Mar 21
Northampton Borough Council has demanded that the wife of former Northampton Town FC co-chairman David Cardoza repays £418,000 to the council or sell her property.
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18 Mar 21
The Bureau of Investigative Journalism has won the first half of its battle to force Thurrock Council to disclose details of more than £700m of loans from other councils and the investments they went...
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16 Mar 21
The Bank of England is looking at “new tools” to guide the UK economy out of the crisis caused by Covid-19, according to governor Andrew Bailey.
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12 Mar 21
Nottingham City Council has accepted the terms of a capitalisation direction allowing it use £35m to spread deficits from its now defunct energy company and implement planned transformation projects.
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11 Mar 21
A capitalisation direction to be considered by Nottingham City Council on Friday will be used to spread losses from its failed energy company which left a £38m hole in council finances.
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8 Mar 21
Tightened wording aims to further restrict councils’ ability to borrow money for commercial property investments aimed at raising revenue.
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3 Mar 21
Budget measures imply the government will have borrowed an ‘unprecedented’ £570bn over this financial year and next, according to the Office for Budget Responsibility.
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26 Feb 21
Leeds City Council has approved its budget for 2021-22, which will usher in £87.5m worth of budget reductions alongside redundancies and a 4.99% rise in council tax.
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25 Feb 21
The local authority peer-to-peer borrowing market grew by 12.5% during 2020, according to government figures.
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23 Feb 21
Torbay Council has become the latest authority to shelve its planned commercial investment following PWLB rules changes – scrapping £68m of its planned programme.
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23 Feb 21
Moving into negative interest rate territory might be less significant than it sounds, but still provides investors with food for thought
14 Jun 21Guidance on the environmental, social and governance of local authority counterparties will be included in the risk management section of the revised Treasury Management Code, in a switch of approach...
11 Jun 21A group of experts has begun work to help create a set of standards for green investment in the UK, with sustainability becoming increasingly important for investors, including in the public sector.
11 Jun 21A district council is planning to invest £56m in commercial property outside its boundaries this year, funded through borrowing from other local authorities.
17 May 21Torbay Council proposes borrowing at least £45m to lend to a recently-created housing subsidiary, to help boost the number of affordable homes in the borough.
12 May 21The 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.
10 May 21A tribunal decision has implications for whether public bodies can keep aspects of their financial activities confidential, writes public sector commercial solicitor Henna Malik.
7 May 21South Lanarkshire Council has approved the transfer of £8m to its capital programme, after receiving additional Covid-19 funding from the Scottish Government.
20 Apr 21Thurrock Council invested £85m in a solar farm scheme based on a "materially false” prospectus that failed to mention suspected defects with the equipment, according to a High Court judge.
15 Apr 21A tribunal has approved a last-minute extension allowing Thurrock Council to continue its battle against being forced to reveal details of borrowing and investment activities of around £700m.
1 Apr 21Local authorities in England borrowed £856m from the Public Works Loan Board last month, as councils refocus on capital projects following a lull due to Covid-19.
31 Mar 21The London Borough of Croydon has withdrawn its section 114 notice, following the government’s decision to grant support allowing the authority to balance its 2020-21 budget.
29 Mar 21Northampton Borough Council has demanded that the wife of former Northampton Town FC co-chairman David Cardoza repays £418,000 to the council or sell her property.
16 Mar 21The Bank of England is looking at “new tools” to guide the UK economy out of the crisis caused by Covid-19, according to governor Andrew Bailey.
12 Mar 21Nottingham City Council has accepted the terms of a capitalisation direction allowing it use £35m to spread deficits from its now defunct energy company and implement planned transformation projects.
11 Mar 21A capitalisation direction to be considered by Nottingham City Council on Friday will be used to spread losses from its failed energy company which left a £38m hole in council finances.
8 Mar 21Tightened wording aims to further restrict councils’ ability to borrow money for commercial property investments aimed at raising revenue.
3 Mar 21Budget measures imply the government will have borrowed an ‘unprecedented’ £570bn over this financial year and next, according to the Office for Budget Responsibility.
26 Feb 21Leeds City Council has approved its budget for 2021-22, which will usher in £87.5m worth of budget reductions alongside redundancies and a 4.99% rise in council tax.
25 Feb 21The local authority peer-to-peer borrowing market grew by 12.5% during 2020, according to government figures.
23 Feb 21Moving into negative interest rate territory might be less significant than it sounds, but still provides investors with food for thought
28 Sep 21
7 Jul 21 to 8 Jul 21
