Sponsored article: Robert Evans looks at dealing with Covid-19 and its impact on a money market fund
The first three months of 2020 have been far removed from anything we have experienced in the sterling money markets since the financial crisis of 2008. The events over the past few weeks have been very much focused on “the real economy”, unlike 2008 which was primarily caused by a breakdown in confidence within financial markets. In both cases, however, those ultimately impacted are the people in our communities.
In these challenging times CCLA is very conscious that our council clients are thinking about increased liquidity to protect services, and we need to focus on keeping a secure, high quality fund tha
...Rishi Sunak’s budget placed restrictions on the way PWLB loans could be used. Neil Waller and Scott Dorling examine the alternatives.
Following the budget announcements, it is likely that the Public Works Loan Board will remain the lender of choice to councils funding social housing. It is also likely that, following the consultation announced by the chancellor Rishi Sunak, PWLB will also remain the “go to” borrowing source to fund service delivery and regeneration.
Its the time of year when finance teams focus on their statement of accounts. Stephen Sheen argues that pushing back the deadline for audited accounts is not enough.
Dan Hawthorn, Haringey’s director of housing is moving on to pastures new at Kensington & Chelsea. Speaking to Room151, he reflects on the prospects for council housing in the current crisis, implications of recent budget announcements and lessons from the high-profile collapse of Haringey’s public-private partnership.
Room151: How do you see the opportunities for local authorities with ambitious house building and regeneration programmes?
A decision over a third runway at the country’s biggest airport means section 151 officers must consider climate issues when they draw up their spending plans. Helen Randall explains why.[…]
Budgets have been compiled but how will local authorities confront funding gaps? And will they continue with commercial investments or focus on other priorities, like local housing? We asked the[…]
Outcome based budgeting offers opportunities to uncover vital insights. Rebecca Hellard reveals her experience. I was recently asked about my current challenges and concerns. I like to turn these into[…]
LATIF North, Room151’s dedicated conference for treasury and 151 officers across the north of England is going virtual, with an online event on March 25. The gathering had been due[…]
The chancellor made PWLB borrowing cheaper for councils aiming to spend on housing. David Blake looks at the strategic implications. It appears Christmas has come early for local authorities following[…]
The chancellor offered the country a £30bn spending spree. Adrian Jenkins notes that local government can expect to benefit from capital investment though uncertainty hangs over business rates as a[…]
