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Two Local Government Pension Scheme (LGPS) pools and two funds have joined a group of investors calling on Barclays bank to cease fossil fuel investment. Brunel Pension Partnership, LGPS Central,[…]
The UK Municipal Bonds Agency is poised to launch its long-awaited first bond within weeks, with a second issue set to follow before the end of the financial year. Councillor[…]
Around 10% of councils still face potential risks to their financial stability, according to an updated version of CIPFA’s financial resilience index. The Chartered Institute of Public Finance and Accountancy[…]
A judge yesterday threw out a claim by 17 NHS trusts that they are charities and should receive millions of pounds of business rates relief. Derby Teaching Hospitals NHS Foundation[…]
Councils borrowed just £80m through the Public Works Loan Board (PWLB) during the first full month since the Treasury’s rate rise, a mere 4% of August’s total. Just two authorities[…]
As an eventful year for local authority treasurers draws to a close, Room 151 takes a look at the top 10 stories from the sector during 2019. 10. Spending watchdog[…]
London Borough of Camden is suing a former PFI partner and its main subcontractors for £130m for costs relating to the evacuation of one of its housing estates the week[…]
Northamptonshire County Council’s new section 151 officer should draw up plans to repatriate powers from government commissioners amid ongoing problems with financial management, according to an independent review. In September,[…]
Councils could face compensation costs running into the millions after the High Court ruled that a council unlawfully overcharged its tenants for supplying water, according to lawyers. The court last[…]
Conservative Party manifesto proposals would not meet rising costs faced by councils, while Labour Party policies would meet demand even with a council tax freeze, according to the Institute for[…]
