Administrators have begun selling the assets of a solar investment company to which Thurrock Council lent more than £650m, in order to repay the company’s debts.
Selling a professional services company has given Merton Council an injection of £185.6m, and the authority plans to use the proceeds to make “sound investments” and generate income, as well as pay...
The rise of electric vehicles will leave a £10bn hole in UK public finances within a decade as fuel duty revenue dwindles, and the government faces calls to overhaul road taxes to make up for it.
The Scottish government has succeeded in expanding subsidised early learning and childcare places, but the sector faces risks from budget, workforce and market pressures, Audit Scotland has warned.
Proposals to fix discriminatory Local Government Pension Scheme reforms are the right move but look set to cause administrative headaches for administrators, an expert has said.
Government spending has become more progressive in recent decades, but current plans have put this trend in jeopardy, the Institute for Fiscal Studies has said.
Proposals to limit the response to emergency mental health calls will save “well over” 10,000 officer hours a month, Metropolitan Police chief has said.
Bristol City Council could be forced to issue a section 114 notice in future years if it is unable to cut its dedicated schools grant deficit, a senior officer has warned.
Insufficient data means the government has no understanding of what departments and combined authorities are spending on levelling up, MPs have warned.
The Scottish government will fail to capitalise on early progress to reduce criminal backlogs without additional funding and improvements to the workforce, the national watchdog has said.
The failure to adopt radical and fully funded long term children’s care reforms represents a “missed opportunity”, a House of Lords Committee has said.
CIPFA has warned that some councils are worried about serious consequences arising if they publish their unaudited financial statements by the end of the month, in light of the “significant...