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Yearly Archive: 2013

  • GLA rating, Manchester PFI, Council tax, Financial reporting standards, City Deals 0
    • in 151 News
    • — 19 Dec, 2013

    GLA rating, Manchester PFI, Council tax, Financial reporting standards, City Deals

    GLA retains high financial rating Ratings agency Standard & Poors has affirmed its AA+ rating for the Greater London Authority, despite its high debt levels. The agency said that negative[…]

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    ‘Opaque’ settlement confirms harsh cuts 0
    • in Funding · Recent Posts
    • — 19 Dec, 2013

    ‘Opaque’ settlement confirms harsh cuts

    Councils in England will see an overall cut to their funding of 9.4 per cent and 13.2 per cent over the next two financial years, the government has confirmed. The[…]

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  • Ask the Auditor’s New Year’s wish list 0
    • in Blogs · Graham Liddell
    • — 19 Dec, 2013

    Ask the Auditor’s New Year’s wish list

    In our final Ask the Auditor of 2013, Graham Liddell from Grant Thornton UK LLP reflects upon the year and feedback from local authorities to set out his hopes and[…]

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    The rational thing to do 0
    • in Blogs · Recent Posts · Steve Bishop
    • — 17 Dec, 2013

    The rational thing to do

    Property rationalisation is an obvious win for councils but sovereignty struggles can get in the way argues Steve Bishop, strategic director for South Oxfordshire and Vale of White Horse District Councils I was a[…]

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  • Suffolk insources finance and human resources 0
    • in Resources
    • — 17 Dec, 2013

    Suffolk insources finance and human resources

    Suffolk County Council has decided to insource its finance and human resources functions, concluding that the move would be cheaper than continuing its outsourcing arrangements with BT. The council, along[…]

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    Credit booms and volatility 0
    • in Blogs · James Bevan
    • — 17 Dec, 2013

    Credit booms and volatility

    Credit booms essentially involve people spending future anticipated income receipts now rather than using savings made from prior income receipts, with such savings really being just deferred spending. But interestingly[…]

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  • Treasurers weekly briefing #6 0
    • in James Bevan
    • — 13 Dec, 2013

    Treasurers weekly briefing #6

    In the UK next week, unemployment data will attract attention. We expect the unemployment rate to drop again to 7.5% from 7.6%. CPI data will also be released. We expect[…]

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    Weaver joins PWLB, LGPS ethics, Manchester strategy, Pickles covers rate cap, Stable MMF outlook… 0
    • in 151 News
    • — 12 Dec, 2013

    Weaver joins PWLB, LGPS ethics, Manchester strategy, Pickles covers rate cap, Stable MMF outlook…

    Weaver takes up loan board role Mike Weaver, former president of the Chartered Institute of Public and Accountancy, has been appointed as a commissioner at the Public Works Loan Board.[…]

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  • Has Wales banned money market funds? 0
    • in Blogs · David Green · Treasury
    • — 12 Dec, 2013

    Has Wales banned money market funds?

    Surely not, I hear you cry.  If the devolved government actually prevented local authorities from using one of the most secure and liquid investments available, then it would cause an[…]

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    Plans for LGPS London fund to go ahead while government explores merger 0
    • in 151 News · LGPSi
    • — 11 Dec, 2013

    Plans for LGPS London fund to go ahead while government explores merger

    Council leaders in London have decided to press ahead with plans for a collective investment vehicle (CIV) to jointly manage their pension pots, despite a government consultation which could scupper[…]

    Read more
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