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Room 151

  • 151 BRIEF

    What's New?

  • Inflation ‘biggest concern for LGPS professionals’

    May 20, 2022

  • LGA calls for government support as regulators face staffing issues

    May 19, 2022

  • WMCA signs £4bn investment agreement with L&G

    May 18, 2022

  • Bill will give UK Infrastructure Bank power to lend directly to councils

    May 18, 2022

  • £400bn pension group collaborates on climate transition initiative

    May 17, 2022

  • CIPFA rejects proposal for vote on publication of fraud hub report

    May 17, 2022

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Yearly Archive: 2022

  • Midlands LGPS funds announce investment pool 0
    • in 151 News · LGPS
    • — 18 Dec, 2015

    Midlands LGPS funds announce investment pool

    Eight Local Government Pension Scheme funds in the Midlands have announced their intention to team up to create a £35bn pension pool. The proposals would bring together Cheshire Pension Fund, Derbyshire[…]

    Read more
    News Roundup: Scottish budget slammed, Welsh settlement relief, Brexit negative for credit 0
    • in 151 News
    • — 17 Dec, 2015

    News Roundup: Scottish budget slammed, Welsh settlement relief, Brexit negative for credit

    Councils slam Swinney’s draft budget The Convention of Scottish Local Authorities has slammed Scottish Government finance secretary John Swinney’s draft budget for 2016-17 as “unacceptable”. COSLA president councillor David O’Neill[…]

    Read more
  • Settlement shocks 15 councils with early loss of RSG 0
    • in Resources
    • — 17 Dec, 2015

    Settlement shocks 15 councils with early loss of RSG

    A small group of district and borough councils – more than half of them located in Surrey – are set to become the first local authorities to completely lose revenue[…]

    Read more
    Danny Mather: A Dickens of a year for Warrington’s treasury 0
    • in Resources · Treasury
    • — 17 Dec, 2015

    Danny Mather: A Dickens of a year for Warrington’s treasury

    2015 was the Chinese year of the goat and four characteristics of that zodiac sign have been applicable to the council during 2015, namely being creative, resilient, transparent and honest.[…]

    Read more
  • Lessons for 2016: Internal borrowing, interest rate risks & revising MRPs 0
    • in Technical · Treasury
    • — 17 Dec, 2015

    Lessons for 2016: Internal borrowing, interest rate risks & revising MRPs

    CIPFA’s Mandy Bretherton finds that 2015 taught local government finance that it is more important than ever to understand your balance sheet. Public sector financial management has been challenging in[…]

    Read more
    James Bevan: First thoughts on the Fed’s +0.25% 0
    • in Treasury
    • — 17 Dec, 2015

    James Bevan: First thoughts on the Fed’s +0.25%

    The Federal Open Market Committee voted to raise the federal funds rate from near zero interest rate policy (NZIRP) to NZIRP+0.25. That shouldn’t be such a big deal but NZIRP has[…]

    Read more
  • Amundi Q&A: Prospects for the economy 0
    • in Resources · Treasury
    • — 16 Dec, 2015

    Amundi Q&A: Prospects for the economy

    We catch up with Christopher Morris, co-head of investments at Amundi UK Limited, about prospects for the UK and world economies in 2016.   R151. How has fixed income performed[…]

    Read more
    Westminster called on to consider widespread tax reform for local government 0
    • in Funding
    • — 16 Dec, 2015

    Westminster called on to consider widespread tax reform for local government

    A chorus of demands for local government finance reform rang out this week – with separate calls for business rate, stamp duty and council tax changes. Chancellor George Osborne’s devolution[…]

    Read more
  • 2015 Review:  Questions but few answers for business rates, devolution and elderly care 0
    • in Funding
    • — 16 Dec, 2015

    2015 Review: Questions but few answers for business rates, devolution and elderly care

    It is difficult to find much of great good for local government over the last year. The year has raised more questions than it has answered. There are a number[…]

    Read more
    2015 Review: Goodbye Mr Pickles 0
    • in Resources
    • — 16 Dec, 2015

    2015 Review: Goodbye Mr Pickles

    Chris Buss bids farewell to the former local government secretary but worries about his legacy. The departure from government of the noted author Eric Pickles (now knighted for his services to[…]

    Read more
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    Room151 1 hour ago

    Investing today: nowhere to hide: Partner Content: Alex Stanley from Ardea Investment Management suggests that investors have few places to hide amid a synchronised sell-off in both bonds and equities. However, there are catalysts that[...] dlvr.it/SQlNVC pic.twitter.com/KkGGnduzPL

    Room151 22 hours ago

    Treasury to restrict PWLB loans to councils at risk of non-repayment: The Treasury has released new guidance that restricts local authorities’ access to Public Works Loan Board (PWLB) advances if there is a “more than negligible risk” of a council’s… dlvr.it/SQhLTV pic.twitter.com/vBsS7xMJdb

    Room151 22 hours ago

    Mixed reaction to proposed government intervention powers: There has been a mixed reaction to the government’s legislative plans to strengthen its intervention powers over local authority finances. The Levelling Up and Regeneration Bill has proposed… dlvr.it/SQhLMB pic.twitter.com/50foWxpPGs

    Room151 23 hours ago

    Post-Brexit struggles for national and local government regulators. @LGAcomms @NAOorguk Click the link below to read 🔻🔻 room151.co.uk/brief/lga-call… #Brexit #government pic.twitter.com/s3c8ySGy5G

    Room151 1 day ago

    CIPFA: a question of transparency: Roman Haluszczak’s campaign for publication of the independent report into the collapse of CIPFA’s London Counter Fraud Hub has been rejected again by the institute. He is now calling for[...] dlvr.it/SQgC5V pic.twitter.com/08fWsHFF4g

    Room151 2 days ago

    Back to the future for the PWLB: The Public Works Loan Board is tightening its lending criteria to ensure that loans will be repaid by local government borrowers. But, asks Peter Findlay, shouldn’t they have been doing[...] dlvr.it/SQcmmm pic.twitter.com/bVv4fe0Xlv

    Room151 2 days ago

    Great piece from Peter Findlay on the PWLB’s tightening of its lending criteria. He raises some pointed questions for the Treasury and explains why the ‘casino council’ characterisation was simplistic and inaccurate. #PWLB #localgov room151.co.uk/treasury/back-…

    Room151 2 days ago

    The Queen's speech highlighted the need for accelerating UK infrastructure investment into levelling up projects and cutting emissions. @UKInfraBank #QueensSpeech #ClimateAction #emissions Click the link below to read 🔻🔻 room151.co.uk/brief/bill-wil… pic.twitter.com/hFmF2veVIa

    Room151 2 days ago

    Huge funding heading to the @WestMids_CA from @landg. @andy4wm #LevellingUp #netzero #regeneration Click the link below to read 🔻🔻 room151.co.uk/brief/wmca-sig… pic.twitter.com/ajhZhia6mx

    Room151 2 days ago

    LGPS governance, Cagney and Lacey style: What regulatory response can be expected following the publication of the Good Governance project’s Phase 3 report and the closure of the Single Code of Practice consultation? Susan Black offers[...] dlvr.it/SQbfXf pic.twitter.com/xwqHOEu2AP

    Room151 3 days ago

    More evidence of the importance of emerging markets in the journey to net-zero. @BordertoCoast @BrunelPP @northernlgps @EAPensionFund @WYPF_LGPS Click the link below to read 🔻🔻 #LGPS #NetZero #NetZeroCarbon #EmergingMarkets room151.co.uk/brief/400bn-pe… pic.twitter.com/qCm0EGxzLn

    Room151 1 week ago

    ‘Urgent consultation’ issued in response to continuing audit delays: CIPFA and the Local Authority Scotland Accounts Advisory Committee (LASAAC) have announced another “urgent consultation” to consider proposals to address the latest issue that has led… dlvr.it/SQJ0kV pic.twitter.com/s6vw0bnGXO

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