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The UK Municipal Bonds Agency has withdrawn a planned bond issuance with Warrington Borough Council after chancellor Rishi Sunak changed the terms of borrowing from the Public Works Loan Board.
The Scottish Government is to pump an additional £200m of funding into its Affordable Housing Supply Programme next year, to help the construction sector’s recovery from Covid-19.
The government is unable to assess whether local authorities have enough funding to manage their flood risk effectively, the National Audit Office has said.
City of Edinburgh Council’s use of its general fund reserves is unsustainable and will be unable to cover future economic shocks, Audit Scotland has warned.
The government has announced it is to allocate £220m of pilot funding to the UK Shared Prosperity Fund next year, to help local areas prepare for the full launch of the fund.
The government is to launch a national infrastructure bank next year, as part of its National Infrastructure Strategy aimed at driving the levelling-up agenda.
Councils in England will receive an additional £3bn to cover Covid-19 expenditure over the next year, alongside a lifting of social care precept for council tax, the government has confirmed.
Local government misunderstanding of Whitehall’s process for assessing funding bids – not the methodology itself – has hampered ‘levelling up’, according to a government review of the Green Book.
The government is set to borrow a peacetime record £394bn this year, as it funds Covid-19 support measures, according to the Office for Budget Responsibility.
Catch up with the main spending announcements in today’s settlement, which chancellor Rishi Sunak says represents the fastest revenue spending growth for 15 years, even excluding the Covid-19...
The government has reversed its October 2019 hike in the Public Works Loan Board borrowing rate and introduced a ‘ban’ on councils borrowing to raise revenue from commercial property.
Croydon Council has been unable to set out more than £11.2m of in-year savings towards a £67m shortfall this year – saying the task is impossible without central government support.
The UK government has spent an additional £10bn on personal protective equipment this year, as a result of “inadequate stockpiling”, according to the National Audit Office.
The government has been given until 10 December to respond to a legal challenge over local government exit payments tabled by two local authority groups, their lawyer has told PF.
The UK’s GDP is forecast to decrease by as much as 3.6% in the final three months of this year as result of the second lockdown, according to advisory firm PwC.
