A London council incorrectly interpreted government guidance on fraudulent claims, preventing two businesses from receiving Covid-19 support grants, according to the Local Government Social Care...
Falkirk Council has so far been unable to make “difficult decisions” it needs to in order to make the savings required for financial sustainability, according to a watchdog’s heavily critical report.
A county’s decision to give a former chief executive a £95,000 exit payment failed to follow internal policies and procedures and was unlawful, according to Audit Wales.
The House of Lords Economic Affairs Committee said there is no convincing case for a Bank of England digital currency, raising concerns it could impede on payment privacy.
The Department for Education intends to proceed with plans to scrap a £50m school improvement grant, despite objections from the sector over financial pressures.
The UK government could introduce a domestic minimum tax rate of 15% for multinational companies in an attempt to steer revenues away from low-tax territories towards the Treasury.
Warrington Borough Council has given the green light to on-lend £37.5m to a housing provider, whilst speculation continues over the future of its partly-owned company Together Energy.
A West Midlands borough council failed to follow its own procedures when awarding SEND transport contracts and will likely need to restart the procurement process to avoid possible legal challenge.
The chief executive of audit firm KPMG has apologised for misleading the Financial Reporting Council during a quality review of an audit of financial statements produced by former...
English council’s finances were not as badly affected by Covid-19 as had been expected, according to new research – but the authors warned against government complacency in the coming years amid the...
Local government secretary Michael Gove has suggested that higher taxes could be levied on property developers as a “backstop” to fund the £4bn removal of dangerous Grenfell-style cladding.
A waste management authority for seven London boroughs, borrowed £280m from the Public Works Loan Board last month to help fund a new waste-to-energy facility.
CIPFA provides “challenging” training that helps public finance professionals learn skills allowing them to go beyond their core finance and accounting tasks, according to government inspection body...
A Nottinghamshire council is considering whether to reverse a proposed council tax increase of 1.99% in its next budget following a larger-than-expected grant from central government.
More than 100 local authorities will press ahead with a High Court claim for hundreds of millions of pounds in compensation from truck manufacturers which the European Commission ruled...
The Financial Reporting Council has fined accounting firm Mazars £250,000 over "insufficient and undocumented” challenge on the valuation of refurbishment costs in a local authority audit.
A government anti-fraud team has recovered more than £1bn from tax offenders and criminals in the five years since it was set up, according to HM Revenue and Customs.
An improved financial outlook means Peterborough City Council is unlikely to need to use capital financing flexibilities which it previously requested from central government, it has emerged.
