Councils in England are set receive to an additional £30m to fund measures including Covid-19 marshals, to ensure the public and businesses follow coronavirus rules.
A new package of funding and financing flexibilities for local authorities in Scotland will allow councils to use capital receipts to meet funding pressures.
Plymouth City Council has become the first council to agree an interest rates swap deal since a High Court ruling killed off the practice 30 years ago.
As much as £26bn paid out under the government-backed Bounce Back Loan Scheme could be lost to fraud or default, according to the National Audit Office.
Chancellor Rishi Sunak signalled that plans for the government to get debt back under control will be pushed into the medium term, following this year’s record borrowing.
Local authority expenditure on Covid-19 dropped in August to £567m, down from £594m in July, according to latest statistics from the Ministry of Housing, Communities and Local Government.
Chancellor Rishi Sunak has been asked by Parliament’s Treasury Select Committee asked to explain the arrangements put in place to help devolved administrations mitigate issues arising from the...
Proposed restrictions on borrowing from the Public Works Loan Board should be dropped to allow district councils to develop new income streams in the wake of Covid-19, the District Councils Network...
The economic disruption caused by Covid-19 and Brexit could complicate the government’s “levelling up” agenda, according to the Institute for Fiscal Studies.
The upcoming Comprehensive Spending Review should outline £10.1bn in funding for local authorities up to 2023-24 to help meet funding gaps and increased demand on services, the Local Government...
The Cabinet Office took reasonable steps to control the cost of ventilator procurement on behalf of the NHS during the early stages of the pandemic, according to the National Audit Office.
The long-awaited white paper outlining plans for further devolution in councils across England is set to be delayed, according the head of the UK2070 Commission.
The UK is unlikely to see negative interest rates “imminently”, according to David Ramsden, deputy governor for markets and banking at the Bank of England.
Transport for London requires an extra £2bn this financial year to cover the drop in revenues relating to Covid-19, or risk deterioration of the transport network not seen since the 80s and 90s, it...
The upcoming review of the Treasury’s Green Book should limit private sector involvement in business cases to reduce complexity and increase transparency, according to think tank Centre for Cities.
A proposed additional statement on local authority accounts outlined in the Redmond Review could lead to additional work and extra costs for councils, Sir Tony Redmond said.
Business rates retention and other council funding mechanisms aimed at incentivising growth should be scrapped to focus on post-Covid recovery, according to the interest group representing urban...
Council investment in buying buildings dropped by 56% in the first quarter compared to last year, while spending on new construction projects fell just 14% according to government data.
