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A key element of the planned guidance on responsible investment for Local Government Pension Scheme member funds has been put on hold because of uncertainty over the impact of the Pensions Scheme Bill and a yet-to-be-delivered Supreme Court ruling.
Some elements of the press have painted a bleak picture of pension schemes at London boroughs. Chris Buss argues that the funds are in “good hands”.
An increase in PWLB rates has seen treasury officers deluged with offers of credit from the private sector. David Green writes local authorities should take care with the money they borrow.
The fees council pay for their external audits are set to be frozen for the second year running despite increasing cost pressures on audit firms, according to the body responsible[…]
A Northern Ireland council has voted to increase its domestic rate bills by almost 8% after being told by the Chartered Institute of Public Finance and Accountancy (CIPFA) that its[…]
Sponsored Q&A: Funding Circle is the leading SME loans platform in the UK, US, Germany and the Netherlands, with over £8bn lent through the platform to 77,000 businesses. With mandates[…]
Aberdeen City Council has a patchy record of planning and monitoring its service-boosting income generation proposals – many of which fail to meet their budgeted targets, an internal audit report[…]
Amazon’s victory in a business rates appeal means one Staffordshire council will have to dip into reserves. Richard Harbord discusses the trouble with appeals. The headlines about Cannock Chase District[…]
The UK Municipal Bonds Agency (UKMBA) today launched its long-awaited first bond into the market, ending a six-year wait. In January, Room 151 broke the news that the UKMBA was[…]
