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Room 151

  • 151 BRIEF

    What's New?

  • EAPF criticised for water company investments

    August 10, 2022

  • Welsh pension fund confirms £50m investment in clean energy

    August 10, 2022

  • Inflation ‘disastrous’ for local services, warns LGA

    August 10, 2022

  • Consultation opens into care charging reforms

    August 9, 2022

  • ADASS survey: ‘worst fears confirmed for adult social care’

    August 5, 2022

  • GMCA to unlock funds for home energy-efficiency upgrades

    August 4, 2022

  • Treasury
  • Technical
  • Funding
  • Resources
  • LGPS
  • Development
  • 151 News
  • Blogs
    • David Green
    • Agent 151
    • Dan Bates
    • Richard Harbord
    • Stephen Sheen
    • James Bevan
    • Steve Bishop
    • Cllr John Clancy
    • David Crum
    • Graham Liddell
    • Ian O’Donnell
    • Jackie Shute
  • Interviews
  • Briefs

Author: Chris Smith

  • Councillors voice worries about oversight of council-owned energy company 0
    • in 151 News · Resources
    • — 22 Jan, 2020

    Councillors voice worries about oversight of council-owned energy company

    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[…]

    Read more
    Forest of Dean quits £50m retail deal 0
    • in 151 News · Treasury
    • — 7 Nov, 2019

    Forest of Dean quits £50m retail deal

    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[…]

    Read more
  • Thanet reinstates suspended s151 officer 0
    • in 151 News · Jobs · Treasury
    • — 24 Oct, 2019

    Thanet reinstates suspended s151 officer

    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[…]

    Read more
    Lack of transparency ‘contributed to £11.7m school overspend’ 0
    • in 151 News · Resources
    • — 9 Oct, 2019

    Lack of transparency ‘contributed to £11.7m school overspend’

    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[…]

    Read more
  • Treasurers cautioned over maturing bonds 0
    • in 151 News · LGPS · Treasury
    • — 3 Oct, 2019

    Treasurers cautioned over maturing bonds

    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[…]

    Read more
    Northants borrows £110m from PWLB to replace short-term debt 0
    • in 151 News · Treasury
    • — 12 Sep, 2019

    Northants borrows £110m from PWLB to replace short-term debt

    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[…]

    Read more
  • Chancellor aims cash boost at social care and SEND services 0
    • in 151 News · Funding
    • — 4 Sep, 2019

    Chancellor aims cash boost at social care and SEND services

    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[…]

    Read more
    SEND provision set for £700m boost while sector calls for change in policy 0
    • in 151 News · Funding
    • — 3 Sep, 2019

    SEND provision set for £700m boost while sector calls for change in policy

    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[…]

    Read more
  • £1bn for high streets ‘not the panacea’ 0
    • in 151 News · Development · Funding
    • — 29 Aug, 2019

    £1bn for high streets ‘not the panacea’

    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[…]

    Read more
    Javid brings forward Spending Review 0
    • in 151 News · Funding
    • — 28 Aug, 2019

    Javid brings forward Spending Review

    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[…]

    Read more
  • Next Page »
  • 151 BRIEFS – WHAT’s NEW?

    • Inflation ‘disastrous’ for local services, warns LGA
    • Consultation opens into care charging reforms
    • ADASS survey: ‘worst fears confirmed for adult social care’
    • GMCA to unlock funds for home energy-efficiency upgrades
    • Levelling up committee calls for urgent boost to social care funding
  • Room151’s LGPS Roundtables

    Biodiversity
    Valuations & Risk
    LGPS Women

  • Room151’s LGPS Roundtables

    Biodiversity
    LGPS Women
    Valuations & Risk
  • Latest tweets

    Room151 10 hours ago

    Which LGPS pools and funds are attending the LGPS Investment Forum on Nov 2 & the LGPS Private Markets Forum on Nov 1st? Answer here: lnkd.in/eDHU8tuy pic.twitter.com/D3gd63Rh7F

    Room151 1 day ago

    LGPS and levelling up: nothing to fear but fear itself: There have been a number of objections to government plans for LGPS funds to invest 5% of their assets in local projects. But George Graham says these objections can be[...] dlvr.it/SWL7vt pic.twitter.com/ebwBEkZTy4

    Room151 1 day ago

    George Graham @SYpensions @bordertocoast channels his inner FDR in a call for local government pension funds to avoid the fear factor and embrace levelling up #LGPS #localgov room151.co.uk/local-governme…

    Room151 2 days ago

    Changes to rules on capital receipts raise wider questions: Stephen Kitching argues that DLUHC’s latest rule changes are part of a series following on from revisions to MRP guidance and the purchase of commercial property. He questions whether… dlvr.it/SWGqKC pic.twitter.com/Ycr5hWZDPk

    Room151 5 days ago

    ‘No ifs, no buts’: the Bank of England continues its battle with inflation: Partner Content: CCLA Investment Management’s Robert Evans discusses the MPC’s 0.5% increase in the Official Bank Rate and its ongoing commitment to the 2% inflation target… dlvr.it/SW7SNC pic.twitter.com/ryOzYRSNA9

    Room151 6 days ago

    DLUHC changes rules on flexible use of capital receipts: The levelling up secretary has written to all council leaders to amend the rules concerning the flexible use of capital receipts to fund transformation projects. In his letter, Greg Clark[...] dlvr.it/SW3jyX pic.twitter.com/KEhSSaMITl

    Room151 1 week ago

    Local audit and financial reporting: let’s take back control: Mazars’ Suresh Patel suggests three steps that auditors and council finance teams should take to help get financial reporting and local audit back on track. Following my recent appearance… dlvr.it/SW0PfV pic.twitter.com/miL7pjukce

    Room151 1 week ago

    The case for residential investment: income, impact and resilience: Partner Content: Emma Gullifer from Columbia Threadneedle discusses the options for pension funds looking to invest in residential property including the Build-to-Rent market.… dlvr.it/SVzKwN pic.twitter.com/hdgZ4zKt4H

    Room151 1 week ago

    Draft accounts: delays continue despite deadline dash: Dan Bates discusses the latest data on the publication of local authority accounts and examines why so many councils missed the 31 July deadline. Sunday 31 July 2022 was the[...] dlvr.it/SVx2ZT pic.twitter.com/gdELhD3Yis

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