Local government last year doubled its spending on acquiring land and buildings, according to official figures. The Department for Communities and Government has released information on capital expenditure and receipts[…]
Inflation has hit its highest level in four years. Bob Swarup argues that the news should prompt a rethink and better analysis to see “whether inflation risk might be mitigated through[…]
Rising inflation threatens the returns on local authority treasury assets, according to experts in the wake of news that the UK’s consumer price index (CPI) had reached its highest level in[…]
A new 12 MW solar farm constructed by Cambridgeshire Council Council is to be officially opened next week. The 60 acre site near Soham is set to generate £1m a[…]
Members’ responsibilities are clear enough in principle, writes consultant Peter Worth, but can be difficult to achieve in practice. Section 5 of CIPFA’s Code of Practice on Treasury Management requires[…]
CIPFA is working on a project to simplify the process for local authorities to supply critical information to hundreds of financial institutions tasked with testing whether councils qualify for “professional’[…]
Local authorities are set to tweak their treasury management strategies after the European Union agreed new regulations on money market funds earlier this month. The local authority sector breathed a[…]
Liverpool City Council (LCC) has been accused of aggression by a pharmaceutical company which has been forced into administration after failing to repay a £2m loan on time. Administrators were[…]
Uttlesford District Council is negotiating a £45m property purchase funded by a mix of borrowing sources — including a private source undercutting the Public Works Loan Board rate. The council[…]
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[…]
