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Housing will this year displace highways and transport as the largest area of council capital spending – following the lifting of the housing revenue account borrowing cap. The government this[…]
LGPS pool London Collective Investment Vehicle (LCIV) has appointed Mark Thompson as its new chief investment officer (CIO). Thompson joins from HSBC Bank’s UK pension scheme, where he has been[…]
More than 100 council finance officers have already signed up for Room151’s annual conference – set to be held just weeks before the UK’s departure from the European Union. The[…]
A number of councils have complained after the BBC last week named them as at risk of running out of reserves. In December, the Chartered Institute of Public Finance and[…]
A major equity fund suspended trading on Monday after Kent Pension Fund decided to withdraw its £263m investment. Kent’s superannuation fund committee voted on Friday morning to withdraw from the[…]
The government has been left red-faced – and potentially £15m out of pocket – by repeating an error which last year cost it £36m and prompted major reforms to its[…]
Insourcing can allow councils to transfer resources between service areas more easily in response to austerity, according to the Association for Public Service Excellence. A report released by the networking[…]
The government will likely need to remove some service responsibilities from councils if it wants to end grant funding without granting new tax-raising powers, according to the Institute for Fiscal[…]
A Merseyside council is in discussions with a developer to buy a town centre, in a move designed to kick-start redevelopment. Knowsley Council this week announced that it has begun[…]
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[…]
