“Glaring holes” in the NHS capital budget pose a risk to patient safety and mean long waiting lists will be tough to reduce, the government has been warned.
Liverpool City Council has formally terminated a highways development contract after the construction firm carrying out the works went into administration.
The London Borough of Bexley has decided not to use £5.1m additional financing flexibilities it was granted by central government this year, due to a “sound” financial position.
Some central banks, including the Bank of England, may need to take additional actions if inflationary pressures persist past the middle of next year, according to the IMF.
Canterbury City Council is set to borrow up to £4m towards the cost of recladding three authority owned tower blocks, in preparation for new rules introduced following the Grenfell Tower...
The behaviour of senior officers at Thanet Borough Council fell below “the standard expected on a number of occasions”, with the cost of resulting investigations putting the authority’s financial...
The Ministry of Defence is years away from competent management of its assets, with a poor quality estate harming the wellbeing of service personnel, MPs have said.
More than 90% of local authority audit opinions for 2020-21 missed the extended September deadline, according to oversight body Public Sector Audit Appointments.
Nottinghamshire County Council will need to borrow a further £70m to deliver capital projects and refinance loans, pushing its total debt close to £600m.
A council faces a £920,000 hit to its reserves after a blunder saw pension payments wrongly removed from its 2020-21 accounts, according to an external auditor. ...
Pembrokeshire County Council’s leader did not have the “proper authority” to negotiate a £95,000 settlement to a former chief executive, according to an internal report.
Heightened inflation caused by global supply chain issues and labour shortages could continue into the middle of next year, according to the Bank of England’s new chief economist.
An over-budget highways project by Liverpool City Council has suffered a double whammy after its developer entered administration and budget estimates soared.
Slough Borough Council’s finance department has revised down its estimate of the level of developer contributions it is owed for local infrastructure by more than £5m.
A decision by the government made this week for an economic check could make it harder for local government employers to meet pension obligations, according to an expert.
The government’s 'levelling-up' agenda aims to invest in new houses, retrofitting of old homes and more powers to local government, according to senior ministers.
Chancellor Rishi Sunak has confirmed an extension to cash incentives for hiring new apprentices, as well as the flagship KickStart scheme to help boost employment.
The government is assessing additional grants or further council tax flexibilities to help fund the burgeoning social care deficit, according to a report in the national press.
Norfolk County Council is set to use community infrastructure levy income to finance debt repayments on new loans to help meet a £46m gap in its school building programme.