-
23 Feb 22
The Bank of England is set for only modest interest rate tightening in the coming months to deal with high inflation fuelled by supply chain backlogs, according to a senior official.
-
22 Feb 22
The Universities Superannuation Scheme deficit fell by nearly 80% between March 2020 and January 2022, but officials warned volatile markets mean charting the right course remains a “challenge”.
-
22 Feb 22
The Department for Levelling up Housing and Communities could be forced to spend more of its budget removing dangerous Grenfell-style cladding, according to local government secretary Michael...
-
22 Feb 22
The government’s announcement that it will remove bespoke Covid-19 funding could reduce councils' capacity to respond to new pandemic outbreaks, according to sector leaders.
-
21 Feb 22
A district council will now aim to keep its commercial property for the long term following changes to CIPFA’s Prudential Code, having previously planned to sell it and use the money to fund new...
-
21 Feb 22
The government has agreed to extend Transport for London’s support package until the end of this week, as the network seeks an agreement on a long-term funding settlement.
-
21 Feb 22
Liverpool City Council has forecast a budget gap of £86.7m by 2025-26, despite finding annual savings of more than £16m.
-
18 Feb 22
Senior local government expert Max Caller is set to lead a governance review commissioned by Northumberland County Council into senior officer and member conduct.
-
18 Feb 22
The London Borough of Newham has reached an out-of-court settlement with Barclays Bank over alleged rigging of borrowing rates on lender option borrower option (LOBO) loans, a deal...
-
18 Feb 22
The leader of Portsmouth City Council has suggested that the authority could withdraw its involvement from a community bank in which it has invested £15m, after a “worrying” lack of progress.
-
17 Feb 22
The government has said its proposed NHS Pension Scheme changes will go ahead following a consultation, albeit six months later than planned amid fears changes will hit staff during a cost of living...
-
17 Feb 22
North Yorkshire County Council is set to use £7.7m of reserves to balance its 2022-23 budget, to smooth the transition to becoming a new unitary authority by avoiding cuts.
-
17 Feb 22
Norfolk County Council has been granted permission by a US court to file a class action lawsuit against tech giant Apple, over allegations of misleading revenue predictions.
-
16 Feb 22
Young care leavers in Wales will have access to a minimum monthly payment from the government as part of a pilot scheme to test the effects a basic income might have on poverty, employment and health.
-
16 Feb 22
Leeds City Council has paid out more than £1m in Covid-19 business grant support to fraudsters, it has emerged.
-
16 Feb 22
An agreement on Bristol City Council’s 2022-23 budget has stalled, after the authority’s elected mayor decided to postpone a vote on amendments.
-
15 Feb 22
The government is facing questions over whether leaked emails suggest civil servants were told to alter data relating to personal protective equipment bought amid the Covid-19 pandemic.
-
15 Feb 22
The London Borough of Croydon is set to sell two properties to reduce the amount of borrowing it needs to fund exceptional capital freedoms granted by central government.
-
15 Feb 22
Local authority organisations have warned that changes that would change the way councils account for debt servicing on commercial property borrowing could have a “devastating” impact on...
-
15 Feb 22
An Essex council is set to borrow up to £100m to lend to local businesses that cannot access mainstream lending for projects supporting regeneration within the borough.
-
14 Feb 22
Levelling up secretary Michael Gove has said England’s directly elected mayors should be given control of business rates in order to boost devolution and aid the government’s economic vision for...
-
14 Feb 22
Gloucester City Council has created a £380,000 reserve in 2022-23 to fund IT recovery works following a recent cyber attack.
-
11 Feb 22
Local authorities in the UK borrowed just £130m from the Public Works Loan Board in January, as the cost of borrowing leapt following December's Bank of England interest rate rise.
-
11 Feb 22
The financial future of a South East county is 'bleak', according to its finance chief, revealing a cumulative budget gap of £237m by 2025-26.
-
11 Feb 22
The government is set to issue new guidance and amend legislation to enable further pooling of NHS and healthcare budgets, in a bid to improve integration.
23 Feb 22The Bank of England is set for only modest interest rate tightening in the coming months to deal with high inflation fuelled by supply chain backlogs, according to a senior official.
22 Feb 22The Universities Superannuation Scheme deficit fell by nearly 80% between March 2020 and January 2022, but officials warned volatile markets mean charting the right course remains a “challenge”.
22 Feb 22The Department for Levelling up Housing and Communities could be forced to spend more of its budget removing dangerous Grenfell-style cladding, according to local government secretary Michael...
22 Feb 22The government’s announcement that it will remove bespoke Covid-19 funding could reduce councils' capacity to respond to new pandemic outbreaks, according to sector leaders.
21 Feb 22A district council will now aim to keep its commercial property for the long term following changes to CIPFA’s Prudential Code, having previously planned to sell it and use the money to fund new...
21 Feb 22The government has agreed to extend Transport for London’s support package until the end of this week, as the network seeks an agreement on a long-term funding settlement.
21 Feb 22Liverpool City Council has forecast a budget gap of £86.7m by 2025-26, despite finding annual savings of more than £16m.
18 Feb 22Senior local government expert Max Caller is set to lead a governance review commissioned by Northumberland County Council into senior officer and member conduct.
18 Feb 22The London Borough of Newham has reached an out-of-court settlement with Barclays Bank over alleged rigging of borrowing rates on lender option borrower option (LOBO) loans, a deal...
18 Feb 22The leader of Portsmouth City Council has suggested that the authority could withdraw its involvement from a community bank in which it has invested £15m, after a “worrying” lack of progress.
17 Feb 22North Yorkshire County Council is set to use £7.7m of reserves to balance its 2022-23 budget, to smooth the transition to becoming a new unitary authority by avoiding cuts.
17 Feb 22Norfolk County Council has been granted permission by a US court to file a class action lawsuit against tech giant Apple, over allegations of misleading revenue predictions.
16 Feb 22Young care leavers in Wales will have access to a minimum monthly payment from the government as part of a pilot scheme to test the effects a basic income might have on poverty, employment and health.
16 Feb 22Leeds City Council has paid out more than £1m in Covid-19 business grant support to fraudsters, it has emerged.
16 Feb 22An agreement on Bristol City Council’s 2022-23 budget has stalled, after the authority’s elected mayor decided to postpone a vote on amendments.
15 Feb 22The government is facing questions over whether leaked emails suggest civil servants were told to alter data relating to personal protective equipment bought amid the Covid-19 pandemic.
15 Feb 22The London Borough of Croydon is set to sell two properties to reduce the amount of borrowing it needs to fund exceptional capital freedoms granted by central government.
15 Feb 22Local authority organisations have warned that changes that would change the way councils account for debt servicing on commercial property borrowing could have a “devastating” impact on...
15 Feb 22An Essex council is set to borrow up to £100m to lend to local businesses that cannot access mainstream lending for projects supporting regeneration within the borough.
14 Feb 22Gloucester City Council has created a £380,000 reserve in 2022-23 to fund IT recovery works following a recent cyber attack.
11 Feb 22Local authorities in the UK borrowed just £130m from the Public Works Loan Board in January, as the cost of borrowing leapt following December's Bank of England interest rate rise.
11 Feb 22The financial future of a South East county is 'bleak', according to its finance chief, revealing a cumulative budget gap of £237m by 2025-26.
11 Feb 22The government is set to issue new guidance and amend legislation to enable further pooling of NHS and healthcare budgets, in a bid to improve integration.
