Tipping point receding for most authorities, says report
The threat of financial “tipping point” is receding for all but a minority of local authorities, according to a new study by auditor Grant Thornton. The firm’s annual health check[…]
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December 5, 2019
December 5, 2019
December 5, 2019
December 5, 2019
December 5, 2019
November 28, 2019
The threat of financial “tipping point” is receding for all but a minority of local authorities, according to a new study by auditor Grant Thornton. The firm’s annual health check[…]
English local government has expressed disappointment in today’s Autumn Statement, which was light on content relating to the further devolution of powers and funding to local authorities. Pressure on the[…]
The latest EU law to impact on local authority treasury management is the recast Deposit Guarantee Schemes Directive which affects the operation of the Financial Services Compensation Scheme (FSCS) and[…]
John Harrison is Director, Multi-Asset at Henderson Global Investors and Independent Investment Adviser to the Surrey County Council pension fund. The recent CLERUS report on the mis-selling of alternative investments[…]
There is no doubt that now that they have started, China’s authorities have a significant chance of creating some form of cyclical recovery within their economy over the coming months.[…]
Smith Commission spark English demands Proposals for devolution of tax raising powers to Scotland should be used as a blueprint for a new settlement for English councils, according to the[…]
Following CIPFA’s November local authority conferences, Graham Liddell from Grant Thornton UK LLP provides an updated assessment of the issues faced by local authorities considering whether to recognise school buildings[…]
Changes to arrangements for council tax and business rates mean local authorities face more challenges when setting budgets, according to a report by the Audit Commission. A report released by[…]
Ratings agency Standard & Poors has announced the date by which it expects to review ratings for UK banks due to bail-in legislation. The agency this week said that it[…]
Stephen Hughes is the former chief executive of Birmingham City Council and a strategic adviser to local government There is a strong cultural feeling that the commercial approach of the[…]
Council files £130m claim against PFI contractor for post-Grenfell estate costs: London Borough of Camden is suing a former PFI partner and its main subcontractors for £130m for costs relating to the evacuation of one of its housing estates the week[...] dlvr.it/RKkR8C pic.twitter.com/zIfQcikMjq
Review highlights ongoing financial management issues at Northamptonshire: Northamptonshire County Council’s new section 151 officer should draw up plans to repatriate powers from government commissioners amid ongoing problems with financial management,… dlvr.it/RKjLkN pic.twitter.com/tQIxMDawQV
Doug McMurdo: LGPS, the Stewardship Code, good governance and protecting capital: I have spent the last decade leading Bedfordshire Pension Fund (BPF) as chairman of the pensions committee. We are facing many challenges, not least the reforms that the… dlvr.it/RKfJrD
Active managers still in the game: Under performance and high costs have given active management a bad press, some of it well deserved. But it appears to be on the brink of a renaissance with some[...] dlvr.it/RKfJjR pic.twitter.com/yyAcm1wSMy
Court ruling leaves councils facing compensation bills for water overcharging: Councils could face compensation costs running into the millions after the High Court ruled that a council unlawfully overcharged its tenants for supplying water from 2002,… dlvr.it/RKZnQK pic.twitter.com/tawdmA9wlE
Election 2019: “Stark” differences in parties’ proposals for council funding: Conservative Party manifesto proposals would not meet rising costs faced by councils, while Labour Party policies would meet demand even with a council tax freeze, according to… dlvr.it/RKZnNT pic.twitter.com/F16kSfQrXI
LGPS women discuss: climate & pension fund investing: Climate change has become one of the biggest issues for asset owners and managers as they move to tackle global warming. Room151 convened a roundtable of LGPS practitioners and advisers[...] dlvr.it/RKXsWW pic.twitter.com/3rtUTapwkF
Interview: Doug Heron, CEO, Lothian Pension Fund: Doug Heron is heading towards marking one year at Lothian after making the switch from the world of fintech platforms to local government pensions. He talks to Room151 about core[...] dlvr.it/RKSQPK pic.twitter.com/ltHR6AS5gD
LGPS and the climate change revolution: The pressure to integrate climate change thinking into LGPS asset management is growing. At the Room 151 LGPS Asset Allocation Forum, experts insisted climate be seen as a strategic issue[...] dlvr.it/RKK1cY pic.twitter.com/G87J33R4yS
Conference chairs, ‘tree-hugging’ and overcharging pension investors: I have a story about two LGPS conferences, two conference chairs and an industry that appears to be changing for the better. I know, sounds like a real doozy, but[...] dlvr.it/RKK1Xy pic.twitter.com/6zYQFuuwAr