What's New?
As an eventful year for local authority treasurers draws to a close, Room 151 takes a look at the top 10 stories from the sector during 2019.
Speaking before a committee of MPs, outgoing National Audit Office comptroller and auditor general Sir Amyas Morse reveals that his body will conduct an investigation into councils using Public Works Loan Borrowing to fund property investment. Morse said the report would focus on “how rigorously the [Ministry of Housing, Communities and Local Government] is supervising this”.The report was due to be released towards of the end of this year, but has yet to appear.
Warrington Borough Council’s capital strategy for 2019/20 is released, with an explanation of why
...LGPS committee members and managers have been asked to elevate the importance of the “S” in ESG (environmental, social and governance) to help protect workers’ rights as the world confronts global warming.
London Borough of Camden is suing a former PFI partner and its main subcontractors for £130m for costs relating to the evacuation of one of its housing estates the week after the Grenfell Tower tragedy.
Northamptonshire County Council’s new section 151 officer should draw up plans to repatriate powers from government commissioners amid ongoing problems with financial management, according to an independent review.
I have spent the last decade leading Bedfordshire Pension Fund (BPF) as chairman of the pensions committee. We are facing many challenges, not least the reforms that the Local Government[…]
Under performance and high costs have given active management a bad press, some of it well deserved. But it appears to be on the brink of a renaissance with some[…]
Councils could face compensation costs running into the millions after the High Court ruled that a council unlawfully overcharged its tenants for supplying water, according to lawyers. The court last[…]
Conservative Party manifesto proposals would not meet rising costs faced by councils, while Labour Party policies would meet demand even with a council tax freeze, according to the Institute for[…]
Climate change has become one of the biggest issues for asset owners and managers as they move to tackle global warming. Room151 convened a roundtable of LGPS practitioners and advisers[…]
Doug Heron is heading towards marking one year at Lothian after making the switch from the world of fintech platforms to local government pensions. He talks to Room151 about core[…]
