Poor audit work ahead of outsourcing giant Carillion’s collapse undermined the “credibility and the public trust in audit” and have prompted the Financial Reporting Council to issue KPMG with a...
Insufficient government funding combined with high service demand and rising costs have put the finances of London boroughs on a “knife edge” with a projected £500m funding gap next year, leaders...
Cutting hundreds of jobs, selling assets and reducing services have been mooted as Leeds City Council attempts to close a forecast £163m budget gap by 2026-27.
More than 900 local authority audit opinions are outstanding and the government must take urgent action to clear the swelling backlog, Public Sector Audit Appointments has said.
A rising state pension age and lack of action to support the growing number of people experiencing long-term sickness could push more into poverty, the Health Foundation has warned.
Public bodies should prioritise investment in long-term training to “carve new pathways for career progression” to improve recruitment and retention, researchers at Mazars have said, with finance...
The shadow chancellor has set out the potential next government’s spending agenda, and shown off an endorsement from a former Bank of England governor.
Not reducing a forecast £6.1m overspend this year would fully deplete the risk reserve at Derby City Council and put financial stability at risk, officers have said.
Proposals directing Local Government Pension Schemes to transfer assets into pools within two years are unrealistic and could “act against a fund’s own better judgement”, the LGPS Scheme Advisory...
Significant government investment to almost quadruple social and affordable home-building could reduce homelessness and deliver net economic benefits of £1.5bn a year, researchers have said.
A lack of corporate focus and low capacity in the finance department at Thurrock Council have slowed progress on reforms to deliver financial stability, government-appointed commissioners have said.
Recovering passenger levels and a real-terms reduction in running costs will help Transport for London reach an operating surplus a year after it agreed funding settlement with the government.
Rising care demand without additional government funding could put Coventry City Council at risk of a Section 114 notice next year, a senior councillor has warned.
Thanks to councillors and local authority staff were all the levelling up secretary had to offer the sector as he spoke to the Conservative Party conference.
Growing care demand and rising costs following a decade of underfunding have created a forecast £132m gap in Hampshire County Council’s finances by 2025-26.
Rising construction costs and high interest rates have made East Ayrshire Council’s £24.5m renewable research project “unaffordable” in its current form, officers have said.
