CIPFA is proposing to boost the information it provides on proposed borrowing restrictions on borrowing for yield in its update to the Prudential Code.
Somerset County Council has approved plans to develop a £70m strategic partnership to provide 10 children care and foster homes, in a bid to reduce reliance on private operators.
Ratings agency Fitch has raised its outlook on the UK after its better-than-anticipated response to the ongoing challenge of Covid-19 since the start of the year.
Leicestershire County Council is set to reject a £15m road grant from regeneration quango Homes England amid concerns over financing the costs of additional local infrastructure.
The Government Actuary’s Department has proposed new measures to allow greater flexibility over action taken due to rises or falls in public pension fund costs.
The coronavirus pandemic and tighter government lending rules led to a 41% real-terms contraction in councils' payments for land and buildings last year, according to provisional outturn figures.
A proposed liability benchmark to help local authorities manage their debt needs could save the sector tens of millions of pounds, according to an industry expert.
Proposed reforms by local audit administrator Public Sector Audit Appointments will fail to bring smaller companies into the sector, according to a senior partner at a 60-strong accountancy firm.
Transport for London’s finances have been “durably and materially weakened” by Covid-19, ratings agency Moody’s said as it downgraded the body's rating for the second time since the start of the...
Amendments to international reporting standards to include a wider range of impacts must go well beyond environmental sustainability, according to CIPFA chief executive Rob Whiteman.
The Department of Health and Social Care is ‘complacent’ about the risks of financial failure in local care provision, according to Parliament's Public Accounts Committee.
The UK Municipal Bond Agency has confirmed that it hopes to launch at least one bond on behalf of a pool of local authorities in September or October, more than a year after the first authorities...
Guidance on the environmental, social and governance of local authority counterparties will be included in the risk management section of the revised Treasury Management Code, in a switch of approach.
The government has committed to publishing its Green Financing Framework, which will set out new criteria for funding of its forthcoming green bonds, by the end of this month.
A group of experts has begun work to help create a set of standards for green investment in the UK, with sustainability becoming increasingly important for investors, including in the public sector.
A district council is planning to invest £56m in commercial property outside its boundaries this year, funded through borrowing from other local authorities.
