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.
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 ...
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.
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...
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.
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.
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...
City of Edinburgh Council has failed to identify the potential costs of exiting emergency Covid-19 traffic reduction schemes, according to its internal auditors.
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”.
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%...
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.
Rental arrears for properties owned by Liverpool City Council almost doubled last year, as Covid-19 impacted on commercial tenants’ ability to cover payments.
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.
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.
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.
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.
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...
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.
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.
Crisis-hit Slough Borough Council is unlikely to recover £10m of “inappropriately authorised loans” for the removal of cladding at an authority-owned tower block, ...
