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5 Jan 22
A Nottinghamshire council is considering whether to reverse a proposed council tax increase of 1.99% in its next budget following a larger-than-expected grant from central government.
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5 Jan 22
More than 100 local authorities will press ahead with a High Court claim for hundreds of millions of pounds in compensation from truck manufacturers which the European Commission ruled...
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5 Jan 22
The Financial Reporting Council has fined accounting firm Mazars £250,000 over "insufficient and undocumented” challenge on the valuation of refurbishment costs in a local authority audit.
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4 Jan 22
Great Yarmouth Borough Council is to set up a new subsidiary company to manage services, after it decided against extending a joint venture.
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4 Jan 22
A government anti-fraud team has recovered more than £1bn from tax offenders and criminals in the five years since it was set up, according to HM Revenue and Customs.
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4 Jan 22
Lancashire Teaching Hospitals NHS Foundation Trust chief executive Kevin McGee has been awarded an OBE for his services to the NHS.
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4 Jan 22
An improved financial outlook means Peterborough City Council is unlikely to need to use capital financing flexibilities which it previously requested from central government, it has emerged.
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23 Dec 21
Nottingham City Council has agreed to sell an investment property in Birmingham, citing the risks associated with owning it.
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22 Dec 21
English councils which have distributed highest amounts to businesses through the Covid-19 Additional Restrictions Grant scheme will get the largest allocations from a £100m top-up ...
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21 Dec 21
A councillor responsible for overseeing Covid-19 relief for small businesses fraudulently applied for a £10,000 hardship grant for an inoperative pizza restaurant he owned, a court has found.
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20 Dec 21
The UK government has doubled the amount of funding provided to devolved administrations to tackle Covid-19 from the £430m pledged last week.
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20 Dec 21
PF rounds up the five biggest local authority treasury management stories that got readers clicking over the past 12 months.
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20 Dec 21
The final version of CIPFA’s Prudential Code has been adopted after a consultation taking the best part of a year.
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17 Dec 21
Local authorities in England are set to receive £45m over the next three years, alongside extended accounts deadlines, to help improve the timeliness of local audit.
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17 Dec 21
The allocation of the local government settlement, steering more funding to deprived councils, is a signal of the government’s intentions on 'levelling up', according to experts.
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16 Dec 21
Local authorities are set to receive a share of a one-off £822m services grant in 2022-23, to help meet service demands, as part of a single-year provisional local government settlement announced on...
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16 Dec 21
The Bank of England has raised the cost of borrowing for the first time since the onset of Covid-19 despite fears of the Omicron variant slowing the economy, citing worries about inflation.
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16 Dec 21
Up to 80% of private finance initiatives contracts set to expire by 2028 are not covered by a solid plan for the return to the public sector, according to government’s infrastructure body.
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15 Dec 21
A Birmingham gang alleged to have made millions by defrauding the universal credit system has been raided by police.
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15 Dec 21
Nottingham City Council has issued a Section 114 notice over the “unlawful” use of almost £16m of funds which should have been allocated for housing.
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15 Dec 21
As 2022 draws nearer, PF rounds up the best-read stories of the current year.
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15 Dec 21
Bolton Council has revealed that its application for £16m from the Levelling up Fund – which was not granted by Whitehall – was submitted late due to the documents being too...
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14 Dec 21
The Bank of England must not delay raising interest rates despite the economic risks around the Omicron variant of Covid-19, the International Monetary Fund has said.
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14 Dec 21
Former National Audit Office director Aileen Murphie has been appointed to chair a new CIPFA panel to provide guidance on professional conduct and best practice.
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14 Dec 21
The UK’s “rapid” economic recovery after lockdowns and the government’s efforts to cut the deficit following the large Covid-19 support schemes have led to rating agency Fitch affirming its judgement...