Local Authority Treasurers’ Investment Forum 2012

Bonfire of the LOBOs sweeps through Birmingham: Councils are set to rid themselves of the majority of their Lender Option Borrower Option (LOBO) loans within 18 months, according to a leading treasury adviser. Last month, Birmingham City[...] dlvr.it/Qk35gK

‘Prudent’ finances in Haringey a test case for Labour leadership: Left wing Labour councils are unlikely to return to the confrontational tactics employed by Militant in managing council finances during the 1980s, according to the leader of London… dlvr.it/QjyH8h

Clive Heaphy: Beyond 100 days – restructuring, rebuilding and section 24s: In May, Clive Heaphy described his first 100 days in charge of tackling the financial problems at Birmingham City Council. Here, he reflects on what has happened since. My… dlvr.it/QjqlfX pic.twitter.com/deJZwRjQxX

Partnered Home Purchase: generating income while supporting communities: Winchester City Council is helping its residents through schemes which are also boosting its income, says Joseph Holmes. The need for councils to transform how they operate has been… dlvr.it/Qjl7KW pic.twitter.com/aePxvq70d0

Outsourced finance team returns to Northamptonshire room151.co.uk/brief/#outsour… #localgov

PWLB borrowing soars with Spelthorne leading the pack: Councils borrowed £680m from the Public Works Loan Board in August, with Spelthorne Borough Council taking more than half of the total. The bumper month’s borrowing through PWLB was the[...] dlvr.it/QjKv7w

Meg Hillier to give keynote at FD’s Summit: Meg Hillier, chair of Parliament’s Public Accounts Committee (PAC), will be giving the keynote speech at Room151’s forthcoming FD’s Summit.The summit, being held in September alongside Room151’s 10th annual… dlvr.it/QjHf42 pic.twitter.com/Fk6PgB1U8I

A balanced approach to council tax setting: The dust has settled on the 2018/19 Council Tax setting and, in London, the subsequent municipal elections.  On a national basis the increase in Council Tax is 5.1%.  In this[...] dlvr.it/QjBFvt pic.twitter.com/GUDiE0Gc9p

Border to Coast appoints Daniel Booth as CIO: LGPS pool Border to Coast has secured its first permanent chief investment officer, appointing Daniel Booth to the role. Booth joins the organisation after serving eight years as head of[...] dlvr.it/Qj62K1

What do public finance professionals and professional gamblers have in common?: Brent Council’s Conrad Hall explores the similarities in risk management and decision making between professional gamblers and local government CFOs. Before you leap up from… dlvr.it/QhyrJm pic.twitter.com/3QvA30W5s7

LGPS pools miss opportunity to ‘consolidate’ sub-funds: LGPS pools are missing the opportunity to consolidate the investment mandates of member funds, according to an influential report into the sector. This year’s Local Authority Pension Performance… dlvr.it/QhZY69

Auditors settle LOBO accounting debacle: Auditors have resolved an accounting issue relating to inverse Lender Option Borrower Option (LOBO) loans which had delayed the signing off of accounts at several councils. This week Lancashire County[...] dlvr.it/QhZY59

Greater Manchester racing to close EIB loan before Brexit: Greater Manchester Combined Authority (GMCA) is racing to sign and access the final European Investment Bank (EIB) loan to UK local government before Brexit. The EIB board of directors… dlvr.it/QhSsDS pic.twitter.com/afEPR7QoWA