Interest rates are set to stay higher for longer, the Bank of England has said as it announced another hike in its base rate – this time from 5% to 5.25%.
The cost-of-living crisis has caused yet more social housing tenants to fall behind on their payments, with more than 80% of councils reporting a rise in arrears.
An overly optimistic reform plan has left Bournemouth, Christchurch and Poole’s financial stability at risk, according to an expert the government asked to assess the council.
The High Court has rejected a hospital trust’s request for a judicial review of three councils’ refusal to make a developer pay nearly £2m to offset increased demand for services.
Scores of officers and councillors have raised concerns over relationship issues, which put a council’s ability to deliver services at risk, researchers have warned.
Reducing borrowing restrictions and removing limits on reserve use will give the Scottish Government more flexibility to respond to challenges arising from forecasting mistakes.
Dwindling reserves and a forecast £17m gap in Medway Council’s budget this year have put the authority’s finances at risk and led to calls for more funding for the sector.
The lack of money put towards recruiting and training staff will hinder Welsh councils’ enforcement of post-Grenfell building safety reforms, the spending watchdog has said.
The absence of a clear plan to build and fund new nuclear plants could put the government’s carbon neutral goals at risk, a parliamentary committee has warned.
Reintroducing sanctions such as financial penalties for errant councillors is “vital” and would bring the system more in line with the standards regime for officers, CIPFA chief executive Rob...
Urgent spending cuts are needed to avoid a section 114 notice at Hastings Borough Council this year because of ballooning temporary housing costs and near-exhausted reserves, the Local Government...
