Councillors must obtain a better understanding of how local authority assets are managed including risk tolerance, according to Ed Hammond who argues it could help improve cabinet decision making. Managing[…]
With the low interest rate environment, changes to banking and money market regulation, an increasing local authority reserve position together with pension funds exiting their fossil fuel investments, councils are[…]
There were one or two articles in the national press recently about the dangers of councils investing in property. As I have written before about Wychavon’s ambitious approach to property[…]
Suddenly everyone is talking about local government’s involvement in commercial property investment. And it doesn’t make for easy reading. Over the past two weeks investment by local authorities in shopping[…]
One thing I’ve been clear about since becoming leader of Birmingham City Council in December 2015 is that the government isn’t going to come to the financial rescue of local[…]
Warrington Borough Council has taken a 33% stake in Redwood Bank, a challenger bank that this week received its licence to operate from regulators. Danny Mather describes the rationale for this innovative[…]
Part of the solution to the financial viability of schemes is how they are legally structured and how taxes, particularly stamp duty land tax (SDLT) and corporation tax, apply.
As we start the new financial year it is obvious that things are not likely to get any easier for section 151 officers. Although it will be much more of the[…]