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Room 151

  • 151 BRIEF

    What's New?

  • DCN calls for delay to 75% business rates retention

    February 22, 2019

  • Spending on children seeking asylum doubles

    February 22, 2019

  • Trafford predicts £278m debt increase

    February 21, 2019

  • Select committee calls for change to business rates

    February 21, 2019

  • Local government finance system “not sustainable”

    February 20, 2019

  • County looks to raise cash from farm sales

    February 20, 2019

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  • Resources
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  • Development
  • 151 News
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    • David Green
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    • Richard Harbord
    • Stephen Sheen
    • James Bevan
    • Steve Bishop
    • Cllr John Clancy
    • David Crum
    • Graham Liddell
    • Ian O’Donnell
    • Jackie Shute
  • Interviews
  • Jobs

Treasury

  • 0
    • in Blogs · Treasury
    • — 18 Feb, 2019

    Getting to grips with governance

    Poor governance can make the difference between local authorities coping and not coping. Aileen Murphie explores what national government should be doing to help section 151 officers carry out their[…]

    Read more
    0
    • in Blogs · Technical · Treasury
    • — 28 Jan, 2019

    At the crossroads: what is public audit for?

    The very future of public sector audit is at stake, says Paul Dossett. I have worked in public audit for 32 years.  I started my career in the era of[…]

    Read more
  • 0
    • in Blogs · James Bevan · LGPSi · Resources · Treasury
    • — 21 Jan, 2019

    Looking ahead: Investment market prospects for 2019

    Investors should steel themselves for a potentially bumpy ride in 2019, says James Bevan. 2018 was a challenging year for the global economy with slowing growth, tightening financial conditions and[…]

    Read more
    0
    • in 151 News · Funding · Treasury
    • — 10 Jan, 2019

    Cornwall ends inverse LOBOs

    Cornwall Council has become the first council to announce that it has repaid “inverse floating” Lender Option Borrower Option loans (LOBOS), ridding itself of an £85m portfolio in December. In[…]

    Read more
  • 0
    • in 151 News · Treasury
    • — 13 Dec, 2018

    UK domiciled funds may benefit from Brexit

    Money market funds domiciled in the UK could see increased inflows in the run-up to an increasingly messy Brexit from institutions wanting to play it absolutely safe. Onshore funds (those[…]

    Read more
    0
    • in 151 News · Treasury
    • — 11 Dec, 2018

    30 names handed to CPS over Northampton Borough Council loan

    Police are ready to send files on 30 people to the Crown Prosecution Service (CPS) over £10.25m lent by Northampton Borough Council for the redevelopment of the town’s football ground.[…]

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  • 0
    • in 151 News · LGPSi · Treasury
    • — 7 Dec, 2018

    CCLA cautiously bullish on equities

    CCLA, investment manager of over £1.5bn of local government assets, remains optimistic on equities. At its Investment Seminar for Local Authorities held in London this week, James Bevan, chief investment[…]

    Read more
    0
    • in Blogs · Stephen Sheen · Technical · Treasury
    • — 5 Dec, 2018

    Sale-and-leaseback: the accounting lowdown

    Central government last week decided to allow Northamptonshire County Council to use capital receipts from the sale of its headquarters to balance its revenue budget. Stephen Sheen investigates the accounting[…]

    Read more
  • 0
    • in 151 News · Treasury
    • — 5 Dec, 2018

    CIPFA calls for due respect for section 151 officers

    CIPFA has called for councils’ chief financial officers to be accorded the importance they deserve. In its response to feedback on its proposals  for a financial resilience index for English[…]

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    0
    • in Blogs · Resources · Treasury
    • — 28 Nov, 2018

    Borrowed time: will revising guidance dampen the commercial property craze?

    Plans to further tighten guidance on councils borrowing to invest in commercial property could reduce the flexibility of local government to deal with funding pressures, according to James Goudie QC.[…]

    Read more
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    Spending on children seeking asylum doubles room151.co.uk/brief/#spendin… #localgov

    Room 151 9 hours ago

    DCN calls for delay to 75% business rates retention room151.co.uk/brief/#dcn-cal… #localgov

    Room 151 1 day ago

    Ashford to build and run solar farm to raise revenue: Ashford Borough Council will borrow £6m from the Public Works Loan Board to build a solar farm it says will produce a return of 6.7% a year to fund services.[...] dlvr.it/QzNZmS pic.twitter.com/khvp447NDe

    Room 151 2 days ago

    Croydon’s Brick by Brick to borrow more council money: London Borough of Croydon’s standalone housing company has pushed back the date by which it will become self-financing after announcing plans to borrow more cash to develop new sites. In[...] dlvr.it/QzKB8b pic.twitter.com/5E1RZyiIyv

    Room 151 2 days ago

    Councils to receive full compensation for waste overhaul requirements room151.co.uk/brief/#council… # localgov

    Room 151 2 days ago

    High street woes cause revenue dip at council-owned retail park room151.co.uk/brief/#high-st… #localgov #Bournmouth

    Room 151 2 days ago

    County looks to raise cash from farm sales room151.co.uk/brief/#county-… #localgov @StaffordshireCC

    Room 151 2 days ago

    Warrington outlines robust defence of out-of-borough investments: Warrington Borough Council has outlined its reasons for departing from government investment guidance and continuing to borrow to invest in revenue-generating property outside its… dlvr.it/QzJWtt pic.twitter.com/vxCqb5xnKT

    Room 151 2 days ago

    Managing ill-health risk in the LGPS: Barry McKay provides a health-check on how Local Government Pension Scheme funds can mitigate risks from ill-health retirements. Most LGPS benefits build up gradually during each member’s employment.  However, if[...] dlvr.it/QzJWqk pic.twitter.com/HyRrtUu8dw

    Room 151 3 days ago

    Business rates retention reform lacks rigour says IFS: The Institute for Fiscal Studies (IFS) says that the government’s proposals for reform of business rates retention need further work. The Ministry of Housing, Communities and Local Government (MHCLG)… dlvr.it/QzDVm8 pic.twitter.com/QKNrDyZP74

    Room 151 3 days ago

    Ashfield raises property stake to £104m room151.co.uk/brief/#ashfiel… #localgov

    Room 151 3 days ago

    Barking and Dagenham to double external borrowing room151.co.uk/brief/#barking… #localgov

    Room 151 4 days ago

    A busy and unpromising timetable for local authority finances: Richard Harbord looks at the large amount of central government measures affecting councils due over the next 13 months. Time is running out, the current uncertainty damaging, and the… dlvr.it/Qz81pV pic.twitter.com/FvQbpvz2dn

    Room 151 4 days ago

    Getting to grips with governance: Poor governance can make the difference between local authorities coping and not coping. Aileen Murphy explores what national government should be doing to help section 151 officers carry out their[...] dlvr.it/Qz81kf pic.twitter.com/2tywD1wu7H

    Room 151 1 week ago

    Sutton announces new chief executive room151.co.uk/brief/#sutton-… #localgov @SuttonCouncil

    Room 151 1 week ago

    Spelthorne halts commercial property investment: Spelthorne Borough Council has called time on its controversial programme of borrowing from the Public Works Loan Board (PWLB) to fund commercial property investment. Over the past three years, the[...] dlvr.it/Qyvbrt pic.twitter.com/yECeMm6uUP

    Room 151 1 week ago

    LGPS board considers guidance to avoid conflicts of interest: The LGPS Advisory Board is consulting on whether new rules are needed to avoid conflicts of interest in the governance of the scheme. It has appointed pension adviser Hymans Robertson[...] dlvr.it/Qyvbk7 pic.twitter.com/hLtp4ekKuH

    Room 151 1 week ago

    Eighty percent of councils lack faith in sustainability of local authority finances room151.co.uk/brief/#eighty-… #localgov

    Room 151 1 week ago

    MP criticises county over incinerator project room151.co.uk/brief/#mp-crit… #localgov

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