UK local authority investments in the Debt Management Account deposit facility (DMADF) doubled in the first quarter of the financial year, as returns from other short-term instruments fell.Statistics from the[…]
A city council has retrieved £3.5m—£2m in lending plus £1.5m in interest—after placing a pharmaceutical company into administration earlier this year. Liverpool council has been pursuing the cash from drug[…]
It’s time to relax but, says David Green, thoughts will inevitably drift to the regulation coming in the not too distant future including MiFID II, ringfencing in banks and new[…]
London Borough of Kingston has borrowed £40m through the Public Works Loan Board (PWLB) – the largest loan taken by a council out of July’s total lending of £125m. Kingston[…]
The current surge of council investment in commercial property to raise revenue is likely to “end in tears”, according to the managing director of a major council-owned service company. The[…]
Brexit has turned into a “shambolic” saga, according to Bob Swarup who says the investment returns born of the UK’s divorce from Brussels may be small while the risks are[…]
Scores of local authorities could still be forced to dump some of their current assets, despite the Financial Conduct Authority (FCA’s) softening its approach to the implementation of European Union[…]
Local authorities using Capita Asset Services for their treasury advice can expect a seamless transition, according to new owner Australian firm Link Group. A deal for the sale of the[…]
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[…]
