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Councillors have raised concerns over the financial scrutiny of Britain’s first council-run energy firm. Conservative opposition members of Nottingham City Council have claimed there is a lack of independent oversight[…]
Plans by a Gloucestershire council to invest £50m in a retail development have been abandoned due to the rise in government lending rates. Forest of Dean District Council had been[…]
Thanet Council has reinstated its section 151 officer following his suspension. Tim Willis, the council’s deputy chief executive, was suspended in August without public explanation by the Kent authority. The[…]
Optimism bias and a culture of limited transparency led to an £11.7m overspend on a new academy school in Northamptonshire, according to an internal investigation. A report presented to Northamptonshire[…]
The boost from fixed interest funds is likely to decline over coming years, investment manager CCLA has predicted. The analysis followed Room 151’s Treasury Investment Survey which revealed that 5% of local authorities had[…]
Northamptonshire County Council has borrowed £110m from the Public Works Loan Board to replace short-term borrowing. The council took six loans during August at rates between 1.12% and 1.68% with[…]
Social care and special needs funding were among the biggest winners in the chancellor’s spending statement. Sajid Javid promised certainty for a new era in his one-year spending statement. But[…]
Special educational services are set for a £700m boost but directors have cautioned money alone isn’t enough. As part of a major spending pledge for primary and secondary education, the[…]
Councils say they need more help from the government after its £1bn pledge of high street funding. The government announced 50 councils could bid for up to £1bn from the[…]
Chancellor Sajid Javid has fuelled general election speculation by fast-tracking his spending review. He will deliver his one-year spending plans next week and signalled he would increase funding on voter-friendly[…]
