David Green writes that the alternative to extending statutory overrides will be “no good for local or central government, nor their taxpayers”. Local authorities are drawing up their revenue budgets[…]
Long-term fixed rate loans may be low risk but, argues David Green, the lowest risk comes with a portfolio including a “decent proportion” of short-term borrowing. A recent Room 151[…]
The summer is nearly over. David Green writes that treasurers can look forward to a conclusion on the PWLB consultation, government action on commerical investments, the impact of negative interest[…]
PWLB borrowing may be blocked, but there are other ways to access credit. David Green surveys the options. As the consultation on PWLB future lending terms draws to a close,[…]
The future lending terms of PWLB is under review with the possibility of a ban on borrowing for commercial investment on the horizon. David Green argues some “fundamentals” need resolving[…]
An increase in PWLB rates has seen treasury officers deluged with offers of credit from the private sector. David Green writes local authorities should take care with the money they[…]
The introduction of the IFRS 16 lease accounting standard in April will be a big change for many local authorities. It may be tempting to treat the change as something[…]
Now that local authorities are in the middle of preparing their first financial statements under the new IFRS 9 Financial Instruments accounting standard, here’s a reminder of what might need[…]
Councils who think they won’t be subject to new accounting rules on leases are in for a rude awakening, says David Green. One of the first things anyone analysing financial[…]
David Green casts an eye over a year of numerous changes. 2018 was a big year for regulatory change in local authority treasury management. No sooner had the New Year’s[…]
