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18 Oct 21
A council is to use £10.5m of reserves earmarked for tackling Covid-19 to slash the amount of capital borrowing needed to fund services under special arrangements approved earlier this year by...
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18 Oct 21
Scottish and UK government ministers will commission an independent report looking into changing the way Scotland’s tax revenue affects its funding from Westminster.
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18 Oct 21
Bank of England governor Andrew Bailey has given another strong hint that interest rates could rise, sparking concerns from one former member of the bank’s monetary policy committee.
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15 Oct 21
Tim Willis, section 151 officer at turbulence-stricken Thanet District Council has left his role, the authority has confirmed.
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15 Oct 21
Local authorities in England will need to raise council tax by 10% next year, just to enable adult social care services to stand still, according to a charity.
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15 Oct 21
“Glaring holes” in the NHS capital budget pose a risk to patient safety and mean long waiting lists will be tough to reduce, the government has been warned.
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15 Oct 21
Liverpool City Council has formally terminated a highways development contract after the construction firm carrying out the works went into administration.
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14 Oct 21
Hampshire County Council requires £80m of savings by the end of 2022-23 to balance its budget.
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14 Oct 21
The London Borough of Bexley has decided not to use £5.1m additional financing flexibilities it was granted by central government this year, due to a “sound” financial position.
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13 Oct 21
Some central banks, including the Bank of England, may need to take additional actions if inflationary pressures persist past the middle of next year, according to the IMF.
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13 Oct 21
Canterbury City Council is set to borrow up to £4m towards the cost of recladding three authority owned tower blocks, in preparation for new rules introduced following the Grenfell Tower...
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13 Oct 21
The behaviour of senior officers at Thanet Borough Council fell below “the standard expected on a number of occasions”, with the cost of resulting investigations putting the authority’s financial...
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12 Oct 21
The Ministry of Defence is years away from competent management of its assets, with a poor quality estate harming the wellbeing of service personnel, MPs have said.
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12 Oct 21
More than 90% of local authority audit opinions for 2020-21 missed the extended September deadline, according to oversight body Public Sector Audit Appointments.
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12 Oct 21
Nottinghamshire County Council will need to borrow a further £70m to deliver capital projects and refinance loans, pushing its total debt close to £600m.
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11 Oct 21
The trading position of an energy company partly owned by Warrington Borough Council is deteriorating amid soaring energy prices.
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11 Oct 21
A council faces a £920,000 hit to its reserves after a blunder saw pension payments wrongly removed from its 2020-21 accounts, according to an external auditor. ...
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8 Oct 21
Pembrokeshire County Council’s leader did not have the “proper authority” to negotiate a £95,000 settlement to a former chief executive, according to an internal report.
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8 Oct 21
The local government sector has paid tribute to former communities secretary James Brokenshire, whose death was announced on Friday.
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8 Oct 21
Heightened inflation caused by global supply chain issues and labour shortages could continue into the middle of next year, according to the Bank of England’s new chief economist.
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7 Oct 21
Dorset Council has said it needs to rethink the way it provides services, in light of a £36m forecast budget gap for the next two years.
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6 Oct 21
An over-budget highways project by Liverpool City Council has suffered a double whammy after its developer entered administration and budget estimates soared.
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6 Oct 21
English councils face a new funding gap of between £2.9bn and £4.5bn by 2025, according to new analysis by the Institute for Fiscal Studies.
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6 Oct 21
Slough Borough Council’s finance department has revised down its estimate of the level of developer contributions it is owed for local infrastructure by more than £5m.
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5 Oct 21
A decision by the government made this week for an economic check could make it harder for local government employers to meet pension obligations, according to an expert.
18 Oct 21A council is to use £10.5m of reserves earmarked for tackling Covid-19 to slash the amount of capital borrowing needed to fund services under special arrangements approved earlier this year by...
18 Oct 21Scottish and UK government ministers will commission an independent report looking into changing the way Scotland’s tax revenue affects its funding from Westminster.
18 Oct 21Bank of England governor Andrew Bailey has given another strong hint that interest rates could rise, sparking concerns from one former member of the bank’s monetary policy committee.
15 Oct 21Tim Willis, section 151 officer at turbulence-stricken Thanet District Council has left his role, the authority has confirmed.
15 Oct 21Local authorities in England will need to raise council tax by 10% next year, just to enable adult social care services to stand still, according to a charity.
15 Oct 21“Glaring holes” in the NHS capital budget pose a risk to patient safety and mean long waiting lists will be tough to reduce, the government has been warned.
15 Oct 21Liverpool City Council has formally terminated a highways development contract after the construction firm carrying out the works went into administration.
14 Oct 21Hampshire County Council requires £80m of savings by the end of 2022-23 to balance its budget.
14 Oct 21The London Borough of Bexley has decided not to use £5.1m additional financing flexibilities it was granted by central government this year, due to a “sound” financial position.
13 Oct 21Some central banks, including the Bank of England, may need to take additional actions if inflationary pressures persist past the middle of next year, according to the IMF.
13 Oct 21Canterbury City Council is set to borrow up to £4m towards the cost of recladding three authority owned tower blocks, in preparation for new rules introduced following the Grenfell Tower...
13 Oct 21The behaviour of senior officers at Thanet Borough Council fell below “the standard expected on a number of occasions”, with the cost of resulting investigations putting the authority’s financial...
12 Oct 21The Ministry of Defence is years away from competent management of its assets, with a poor quality estate harming the wellbeing of service personnel, MPs have said.
12 Oct 21More than 90% of local authority audit opinions for 2020-21 missed the extended September deadline, according to oversight body Public Sector Audit Appointments.
12 Oct 21Nottinghamshire County Council will need to borrow a further £70m to deliver capital projects and refinance loans, pushing its total debt close to £600m.
11 Oct 21The trading position of an energy company partly owned by Warrington Borough Council is deteriorating amid soaring energy prices.
11 Oct 21A council faces a £920,000 hit to its reserves after a blunder saw pension payments wrongly removed from its 2020-21 accounts, according to an external auditor. ...
8 Oct 21Pembrokeshire County Council’s leader did not have the “proper authority” to negotiate a £95,000 settlement to a former chief executive, according to an internal report.
8 Oct 21The local government sector has paid tribute to former communities secretary James Brokenshire, whose death was announced on Friday.
7 Oct 21Dorset Council has said it needs to rethink the way it provides services, in light of a £36m forecast budget gap for the next two years.
6 Oct 21An over-budget highways project by Liverpool City Council has suffered a double whammy after its developer entered administration and budget estimates soared.
6 Oct 21Slough Borough Council’s finance department has revised down its estimate of the level of developer contributions it is owed for local infrastructure by more than £5m.
5 Oct 21A decision by the government made this week for an economic check could make it harder for local government employers to meet pension obligations, according to an expert.
