Nicholas Capello, UnsplashAndrew Hardingham explains how an interest rate swap enables Plymouth to “lock into a known, fixed rate for an agreed term, while retaining the flexibility to continue borrowing at lower, short-term rates.”
Plymouth, Britain’s Ocean City, faces huge demands on its resources. A naval city with a long and illustrious history and one of the most bombed cities after Coventry during second world war, now faces the challenge of rising once more after pandemic.
This is a city with a population of over 270,000 people who live in properties of which 86% fall in bands A to C for council tax purposes, and around 80 of 326 of the local authority districts having indices linked with deprivation places.
And,
...Tracie Langley explores the use of financial strategy to to move spending from individuals to place over a four-year period.
Against a backdrop of negative real returns on cash many corporate and local government treasurers are looking for alternative solutions, writes Roy Sandilands.
Sponsored article: Lesley-Ann Morgan examines the integration of ESG into a multi-asset investment process.
The future lending terms for local government borrowing has become a sensitive topic. Room151.co.uk brought experts together to explore the issue. The debate over councils borrowing from PWLB for commercial[…]
Sponsored article: Pre-pandemic fiscal performance will shape local government’s capacity to address the long-term impacts of the coronavirus, writes Zoe Jankel. The coronavirus pandemic has had material effects on the[…]
Section 114 notices have been long threatened but rarely used. A continued lack of funding may change all that, argues Richard Harbord. It is difficult to remember now that section[…]
Pension funds are adjusting their investment portfolios to incorporate climate risk. But how do you align with the Paris agreement? Karen Shackleton offers a guide. An increasing number of discussions[…]
Long-term fixed rate loans may be low risk but, argues David Green, the lowest risk comes with a portfolio including a “decent proportion” of short-term borrowing. A recent Room 151[…]
Capping exit payments has proved a long winding road for LGPS. Kirsty Bartlett and Susan Oakley look at the implications from new proposals. To say that there have been a[…]
