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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

  • 0
    • in Blogs · Funding
    • — 22 Dec, 2021

    Michael Gove signals the end of ‘boring rollover’ settlements

    Local government got a one-year funding deal. But, writes Adrian Jenkins, the new minister in charge also looks set to overhaul the entire funding process. Local government funding has been[…]

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    0
    • in Blogs · Dan Bates · Funding
    • — 17 Dec, 2021

    Settlement 2022-2023: £53.9bn in ‘one-year’ deal aimed at ‘stability’

    The 2022-23 settlement promises an extra £3.5bn. Michael Gove said the settlement represents a “real-terms increase from last year’s settlement and will make sure councils can improve vital frontline services”.[…]

    Read more
  • 0
    • in Blogs · Funding · Technical
    • — 16 Dec, 2021

    Reasons to be cheerful in a time of major change for local government finance

    The message that local authority finance teams need bolstering seems to be winning a hearing, writes Alison Ring, while reform of local authority financial reporting and audit gathers pace. For[…]

    Read more
    0
    • in Blogs · Funding · Treasury
    • — 16 Dec, 2021

    12 days of Christmas messages from the section 151 officer

    “On the 1st Day of Christmas my true love (section 151 officers) said to me (chief executives) – “I’ve got a list of 12 things for you to do!” The[…]

    Read more
  • 0
    • in Blogs · Funding · Treasury
    • — 16 Dec, 2021

    A year in the life of an s151: ‘We delivered unbelievable things’

    Tracie Langley, Cornwall’s s151 officer, looks back at another year dominated by the pandemic, budgets, elections and “you-would-just-never-believe-it” stories. I can’t say I bounced out of bed on that first[…]

    Read more
    0
    • in Blogs · Treasury
    • — 15 Dec, 2021

    Making a clean, green future a reality

    Sponsored article: William MacLeod explores the ‘net zero’ investment opportunities in renewable energy and the built environment. If COP26 emphasised anything, it was that the challenge to meet net zero[…]

    Read more
  • 0
    • in Blogs · LGPS
    • — 15 Dec, 2021

    The outlook for equity markets: The Bull and Bear Case

    With equity markets on a knife-edge heading into 2022, we tasked Border to Coast’s Ryan Boothroyd and Anthony Petalas, to set out plausible bull and bear cases over the next[…]

    Read more
    0
    • in Blogs · LGPS
    • — 15 Dec, 2021

    LGPS: Top stories 2021

    It’s been quite a year in LGPS. The scheme has been confronting climate, government’s desire for an investment “Big Bang”, cryptocurrencies, aiding placemaking and supporting the creation of national infrastructure.[…]

    Read more
  • 0
    • in Blogs · LGPS
    • — 15 Dec, 2021

    Valuations 2022: what might it means for investment strategy?

    Jill Davys considers next years LGPS valuations and implications for cashflow, risk managment and ESG. It feels like only yesterday when the sense of relief at getting 2019 valuations signed[…]

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    0
    • in Blogs · LGPS
    • — 14 Dec, 2021

    LGPS funding adequacy: Is 150% the new 100%?

    Elizabeth M. Carey writes that LGPS funds should target levels above 100% before anyone begins to feel comfortably funded. In an age when many people are living longer and healthier,[…]

    Read more
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  • Latest tweets

    Room151 52 mins 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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