Spelthorne Borough Council is budgeting for an increase in income from its commercial property portfolio during the current financial year, enabling it to underspend its budget by £1.5m.
Leeds City Council has withdrawn its application for permission to use capital resources on day-to-day services following a funding boost from government.
A mechanism to give private investors control of public nuclear projects is still considered a “credible basis” for funding the sector, the government said today as it launched its energy white paper.
Local authorities could be required to provide central government with extra details on their commercial property portfolios, according to a senior official.
The Scottish Police Authority was unable to balance its budget for the second year running and remains financially unsustainable, Audit Scotland has warned.
The NHS Test and Trace Service is expected to cost £22bn this year, despite struggling to meet targets on testing and contracting tracing, the National Audit Office has said.
The new local government audit body proposed by the Redmond Review should produce an annual report on the whole local government sector, CIFPA has said.
A new digital border system is to cost the Home Office an additional £173m following a suspension in development, according to the National Audit Office.
As many as one in 20 local authorities in England risk financial failure as a result of a disruptive European Union Exit, according to a leaked government report.
A team sent in by ministers has concluded that Nottingham City Council cannot set a balanced budget for next year without government support, according to a leaked report.
Liverpool City Council mayor Joe Anderson is reported to be among five people arrested in connection with offences of bribery and witness intimidation.
NHS Tayside’s high running costs remain a risk, although the health board has improved its financial management, the Scottish spending watchdog has said.
More than half of local authority audit opinions for 2019-20 missed the extended 30 November deadline, according to oversight body Public Sector Audit Appointments.
Local authorities’ spending on buying property has fallen more than half following the outbreak of Covid-19, according to statistics from the Ministry of Housing, Communities and Local Government.
The London Borough of Croydon has issued a second section 114 notice after it was unable to make sufficient cuts to balance a forecast £66m overspend in its budget this year.
The Department for Transport paid out £309m more to railway operators than it received from income in 2019-2020, according to the National Audit Office.
The UK Municipal Bonds Agency has withdrawn a planned bond issuance with Warrington Borough Council after chancellor Rishi Sunak changed the terms of borrowing from the Public Works Loan Board.
