Torbay Council proposes borrowing at least £45m to lend to a recently-created housing subsidiary, to help boost the number of affordable homes in the borough.
Changes proposed under the government’s Health and Social Care White Paper could be “destabilised” without fully funded reforms of the social care sector, MPs have warned.
The Supreme Court has allowed a group of local authorities to pursue a claim for business rates against landlords who transferred properties to special purpose vehicles, in a case which could result...
The London Borough of Newham has approved plans to spend hundreds of millions of pounds in the next three years to regenerate and add to its housing stock.
Former prime minister David Cameron defended supply chain finance as a way of reducing cost of public service provision, as he faced questions from MPs on the lobbying scandal.
The UK economy shrank by 1.5% in the first three months of this year, although GDP started to recover as Covid-19 restrictions were eased, according to the Office for National Statistics.
The London Borough Croydon has proposed reprofiling a £69.2m arts centre refurbishment as capital spending, after council subsidiary Brick by Brick was “unable” to fund the project.
The government has announced it will introduce a bill aiming to ensure “equal treatment” of public service pension members, following the landmark McCloud ruling.
The brief mention of social care in the Queen’s Speech represents a “missed opportunity” to spur desperately needed reform, many in the sector have warned.
Belfast City Council has rejected a commercial investment strategy, put forward with the aim of helping raise additional funds and finance the authority’s Covid-19 recovery.
The government needs to commit £102bn of additional NHS and social care funding over the next decade to improve health equality post-Covid-19, medical experts have said.
South Lanarkshire Council has approved the transfer of £8m to its capital programme, after receiving additional Covid-19 funding from the Scottish Government.
More than £900m spent on reducing the gap in GCSE results between disadvantaged and affluent children in Northern Ireland “has not made any demonstrable difference”, a damning report has found.
Councils in England reported additional cost pressures of £12.8bn relating to Covid-19 in 2020-21, according to outturn figures from the Ministry for Housing, Communities and Local Government.
UK GDP is forecast to grow by 7.25% this year, as Covid-19 restrictions are lifted – the fastest growth since the Second World War, according to the Bank of England.
The recently announced budget watchdog created to assess Northern Ireland’s public finances will not have “legally binding teeth” to prevent scandals such as that surrounding the green energy scheme.
Civil service unions are threatening the Treasury with a push for a judicial review over “diabolical” proposed changes to pension scheme benefits, following the McCloud judgement.