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13 Aug 21
Short-term lending between local authorities dropped by more than 10% in the first quarter of this year, according to government figures.
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13 Aug 21
Chancellor Rishi Sunak has pledged there will be “absolutely no return to austerity” in the upcoming Spending Review, as the UK recovers from Covid-19.
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12 Aug 21
Northern Ireland’s Department of Health is facing questions over its accounting treatment of millions of pounds that might otherwise have been redistributed to other departments.
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12 Aug 21
Councils are allowed to use Public Works Loan Board borrowing to restructure existing debt even if they are pursuing banned commercial investment, according to new government ...
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12 Aug 21
Scotland’s largest Local Government Pension Scheme has reported a suspected £300,000 fraudulent claim to the police, after it was revealed a deceased pensioner was receiving pay-outs.
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12 Aug 21
The government should ensure the same opportunities for UK pension funds to invest in British initiatives as it does for international investors, a Local Government Pension Scheme pool chief investor...
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11 Aug 21
CIPFA has launched a new value-for-money toolkit in partnership with the Government Outcomes Lab (GO Lab) based within the University of Oxford’s Blavatnik School of Government.
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11 Aug 21
The value of Spelthorne Borough Council’s commercial portfolio shrank by 5% last year, as Covid-19 hit property prices.
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10 Aug 21
Integrated care systems could be unable to run quality services amid rising demand if NHS bodies and local authorities are not financially sustainable, the National Audit Office has warned.
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10 Aug 21
Government proposals to limit commercial investment by local authorities, including the potential re-introduction of borrowing caps, are credit positive for the sector, according to ratings...
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10 Aug 21
City of Edinburgh Council has failed to identify the potential costs of exiting emergency Covid-19 traffic reduction schemes, according to its internal auditors.
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9 Aug 21
A cabinet politician has poured water on reports of a rift between chancellor Rishi Sunak and prime minister Boris Johnson, though he admitted there is a “creative tension”.
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6 Aug 21
The Bank of England has signalled it could tighten its monetary policy slightly faster than had been expected as the recovery from Covid-19 gets underway and inflation continues to run above its 2%...
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6 Aug 21
Local authorities in the UK borrowed more than £1bn from the Public Works Loans Board last month, as demand returned to the facility following Covid-19.
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6 Aug 21
The value of Warrington Borough Council’s commercial property portfolio reached £510m last year, despite the financial slowdown relating to Covid-19.
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6 Aug 21
Rental arrears for properties owned by Liverpool City Council almost doubled last year, as Covid-19 impacted on commercial tenants’ ability to cover payments.
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5 Aug 21
Local authorities in England and Wales are losing close to £110m per year from business rates “loopholes” on holiday homes, according to research from property consultancy Colliers.
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5 Aug 21
The London Borough of Bromley will provide £20m of its own resources for a joint-venture aimed at providing 300 homes at affordable rent for residents.
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4 Aug 21
Three neighbouring authorities in Lincolnshire have approved plans to merge management and workforce teams, a move expected to save tens of millions of pounds over the next decade.
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4 Aug 21
Hertfordshire County Council has been able to claw-back 96% of historical deposits in failed Icelandic banks after final payments were made last year, it has emerged.
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4 Aug 21
The leader of a local authority forced to spend thousands of pounds hiring facilities to hold Covid-19-safe meetings has called on the government to rethink its decision to effectively ban...
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3 Aug 21
A city council will take on £107m of debt to repay £65m of 'lender option, borrower option' loans, but still expects to save £18m over the life of the debt.
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3 Aug 21
Wokingham Borough Council has approved plans to borrow more than £20m to create a solar farm to help offset carbon emissions and generate income.
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2 Aug 21
Proposed public procurement reforms risk restricting local organisations' freedom to decide how best to pursue social value in their area, according to a Parliamentary committee.
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2 Aug 21
CIPFA is searching for experienced professionals to sit on new "technical forums" as the organisation seeks to shift to a wider public sector focus.
13 Aug 21Short-term lending between local authorities dropped by more than 10% in the first quarter of this year, according to government figures.
13 Aug 21Chancellor Rishi Sunak has pledged there will be “absolutely no return to austerity” in the upcoming Spending Review, as the UK recovers from Covid-19.
12 Aug 21Northern Ireland’s Department of Health is facing questions over its accounting treatment of millions of pounds that might otherwise have been redistributed to other departments.
12 Aug 21Councils are allowed to use Public Works Loan Board borrowing to restructure existing debt even if they are pursuing banned commercial investment, according to new government ...
12 Aug 21Scotland’s largest Local Government Pension Scheme has reported a suspected £300,000 fraudulent claim to the police, after it was revealed a deceased pensioner was receiving pay-outs.
12 Aug 21The government should ensure the same opportunities for UK pension funds to invest in British initiatives as it does for international investors, a Local Government Pension Scheme pool chief investor...
11 Aug 21CIPFA has launched a new value-for-money toolkit in partnership with the Government Outcomes Lab (GO Lab) based within the University of Oxford’s Blavatnik School of Government.
11 Aug 21The value of Spelthorne Borough Council’s commercial portfolio shrank by 5% last year, as Covid-19 hit property prices.
10 Aug 21Integrated care systems could be unable to run quality services amid rising demand if NHS bodies and local authorities are not financially sustainable, the National Audit Office has warned.
10 Aug 21Government proposals to limit commercial investment by local authorities, including the potential re-introduction of borrowing caps, are credit positive for the sector, according to ratings...
10 Aug 21City of Edinburgh Council has failed to identify the potential costs of exiting emergency Covid-19 traffic reduction schemes, according to its internal auditors.
9 Aug 21A cabinet politician has poured water on reports of a rift between chancellor Rishi Sunak and prime minister Boris Johnson, though he admitted there is a “creative tension”.
6 Aug 21The Bank of England has signalled it could tighten its monetary policy slightly faster than had been expected as the recovery from Covid-19 gets underway and inflation continues to run above its 2%...
6 Aug 21Local authorities in the UK borrowed more than £1bn from the Public Works Loans Board last month, as demand returned to the facility following Covid-19.
6 Aug 21The value of Warrington Borough Council’s commercial property portfolio reached £510m last year, despite the financial slowdown relating to Covid-19.
6 Aug 21Rental arrears for properties owned by Liverpool City Council almost doubled last year, as Covid-19 impacted on commercial tenants’ ability to cover payments.
5 Aug 21Local authorities in England and Wales are losing close to £110m per year from business rates “loopholes” on holiday homes, according to research from property consultancy Colliers.
5 Aug 21The London Borough of Bromley will provide £20m of its own resources for a joint-venture aimed at providing 300 homes at affordable rent for residents.
4 Aug 21Three neighbouring authorities in Lincolnshire have approved plans to merge management and workforce teams, a move expected to save tens of millions of pounds over the next decade.
4 Aug 21The leader of a local authority forced to spend thousands of pounds hiring facilities to hold Covid-19-safe meetings has called on the government to rethink its decision to effectively ban...
3 Aug 21A city council will take on £107m of debt to repay £65m of 'lender option, borrower option' loans, but still expects to save £18m over the life of the debt.
3 Aug 21Wokingham Borough Council has approved plans to borrow more than £20m to create a solar farm to help offset carbon emissions and generate income.
2 Aug 21Proposed public procurement reforms risk restricting local organisations' freedom to decide how best to pursue social value in their area, according to a Parliamentary committee.
2 Aug 21CIPFA is searching for experienced professionals to sit on new "technical forums" as the organisation seeks to shift to a wider public sector focus.
