Punching back
Agent 151 is a senior local authority finance director and S151 officer. The agent writes exclusively for Room151 and is licensed to speak candidly. If you take a pair of[…]
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March 18, 2024
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Agent 151 is a senior local authority finance director and S151 officer. The agent writes exclusively for Room151 and is licensed to speak candidly. If you take a pair of[…]
The Royal Borough of Kensington and Chelsea has had its credit outlook revised to negative by ratings agency Standard & Poor’s. The revision came because the UK as a whole[…]
The local government finance settlement, announced yesterday, has attracted angry criticism from the LGA and the Society of Local Authority Chief Executives and Senior Managers, among others. Local Government Association[…]
Ebenezer Scrooge, the Section 151 Officer at Marley District Council, was huddled in his dark and dusty office on Christmas Eve, putting the final touches to next year’s budget. “Hmmm,[…]
Travelling to work this morning through a thick fog, I was reminded how focused we are on a day to day basis, on weather and climate – and yet despite[…]
Shared services agreements have increased by 61% in the UK over the last year, according to figures from the Local Government Association. At least 337 councils have agreements to share[…]
Ben Lucas is the director of the Royal Society of Arts 2020 Public Services Trust and a trustee of the New Local Government Network. He was previously adviser to Jack[…]
My first reflection this year concentrated on the HRA self-financing debt settlement – treasury staff at many local authorities had spent considerable time in 2011 investigating the myriad financing opportunities[…]
Essex County Council has raised £3.1m for the initial stage of its Social Impact Bond and is now looking at five other areas to be funded in the same way.[…]
Despite the announcement of ‘QE3’ by Mr Bernanke, the total assets of the Federal Reserve bank (FRB) have only increased by around $40bn since end August and within these assets,[…]
Housing associations in England had a positive 2012 financial year, according to ratings agency Moody’s Investors Service, but are subject to growing financial risks going forward. In a sector comment[…]