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An incoming political regime at a Derbyshire council has ignored strong warnings from a senior officer that scrapping an emerging development plan will cost it at least £1.4m. The Labour[…]
Liverpool City Council is set to reopen its housing revenue account to build new council homes – 11 years after it transferred its remaining stock to a registered provider. In[…]
Norfolk County Council’s cabinet has agreed to increase its savings target to £40m for the 2020-21 financial year – at the same time as backing proposals for a £13.2m new[…]
Local Government Pension Scheme (LGPS) funds are likely to face an increase in their liabilities of up to 1% if the government loses a court case on its 2015 pension[…]
Private sector firms are not matching public sector funding for local regeneration, senior civil servants have admitted. Two senior civil servants at the Ministry of Housing, Communities and Local Government[…]
Local Government Pension Scheme investments in equities dropped by 3.2% in 2017/18 as overall assets rose by 5% compared to the previous year to £275bn, according to the Scheme Advisory[…]
Future versions of the Fair Funding Review should be carried out by an independent body, according to Rob Whiteman, chief executive of the Chartered Institute of Public Finance and Accountancy.[…]
The Public Accounts Committee (PAC) says the government has not done enough to ensure local authorities adopt proper governance arrangements over their increasing commercial ventures. In a report released this[…]
The National Audit Office is investigating the growing trend of councils borrowing from the Public Works Loan Board to fund property investment, it has emerged. The probe was revealed by[…]
Northamptonshire County Council has turned a projected overspend of more than £30m for 2018/19 into a budget surplus of £1m in a turnaround described by the authority’s executive financial director[…]
