The London Borough of Merton is set to relinquish property sale income on a £1.2bn joint-venture, after a funding gap emerged in the project last year.
The £1.5bn Green Homes Grant was approved by a senior civil servant, despite an internal committee rejecting its business case, according to the National Audit Office.
Spending available to “unprotected” government departments will be tight over the next three years, and could lead to some areas receiving cuts, according to the Institute for Fiscal Studies.
The new levy to help fund social care reforms will only provide one sixth of the expected £36bn income for care, “short-changing” the sector, according to experts.
Health services in England will receive billions more in funding for the remainder of 2021-22 to help meet Covid-19 costs, but service leaders have warned of “one of the most challenging winters”...
Nottinghamshire County Council has reported a 12.5% increase in the cost of its flagship highways project, which one councillor warned could become “its HS2”.
Nottingham City Council’s scrutiny of wholly-owned companies remains “superficial and inadequate” a year after its auditors raised similar concerns, according to an independent report.
Local government bodies continued to pile into the Public Works Loan Board last month, as authorities take advantage of cheap financing, according to a finance chief.
NHS England will need a further £10bn next year, to help cover Covid-19 costs without the need for service cuts, according to two leading health bodies.
Mansfield District Council is set to sell a hotel it owns in Edinburgh, after the Covid-19 lockdown led to the operator saying the site was ‘unsustainable’.
The Scottish government has unveiled proposals for council tax and business rate reforms, including a realignment of rate bands, in a consultation on a new framework for tax policy.
The Financial Reporting Council has filed a formal complaint against accountancy firm KPMG, in relation to allegations of supplying false and misleading information to the regulator's review of...
Chancellor Rishi Sunak is coming under intense pressure from NHS providers to commit more funding to help the service recover from Covid-19, according to reports.
Coventry City Council is set to create a shareholder committee to manage commercial investments, in a bid to avoid financial difficulties experienced by some authorities.
More frequent business rates valuations in England would be a “positive step” but must happen alongside other reforms to the wider council funding system, the Local Government Association has told...
Local authority procurement body Public Sector Audit Appointments will reassess its proposal to increase the number of audit lots following a mixed response from the sector.
Almost three quarters of UK parliamentary constituencies will be adversely affected by the proposed removal of additional Universal Credit support, according to an anti-poverty charity.