Stephen Hughes on finance and the future for local government
Stephen Hughes is chief executive of Birmingham City Council and was speaking here to Jo Tura for the first issue of Room151 Quarterly magazine. Room 151: How big a part[…]
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December 12, 2019
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December 11, 2019
December 11, 2019
December 11, 2019
December 11, 2019
Stephen Hughes is chief executive of Birmingham City Council and was speaking here to Jo Tura for the first issue of Room151 Quarterly magazine. Room 151: How big a part[…]
Standard & Poor’s downgrades RBS Following the announcement of RBS’ restructuring plan ratings agency Standard & Poor’s has downgraded the bank to A-/A-2, outlook negative. “The changes amount to a[…]
Matthew Bance is UK strategist for UBS Global Asset Management. He works on UK funds, including the Multi-Asset Income fund, for which UBS launched a local authority share class in[…]
CT referendum for Herefordshire? Herefordshire council is looking to save a further £15m in 2014/15. The council’s adult social care budget could see a reduction of £5m and children’s services[…]
Oxford City Council’s Section 151 officer, Nigel Kennedy has asked that the government reconsider the HRA debt cap as part of the region’s City Deal. The authority is one of[…]
DCLG looks into pensions merger The Department for Communities and Local Government is commissioning research on the benefits of LGPS fund mergers. It has called for organisations to bid to[…]
Adele Taylor became Section 151 officer of East Hertfordshire Council last year and before that was director of finance, services for the London Borough of Ealing. She trained at Hammersmith[…]
The Co-operative Group said this week that it had no comment as yet for local authorities on developments that see the Co-operative Bank being taken into 70% ownership by investors[…]
Budget means stark choices for Wales Welsh councils saw cuts ranging from 1.2% (for Newport) and 4.6% for Ceredigion, Denbighshire and Powys in the Welsh budget Wednesday. Before the budget[…]
A report has called on the government to make local taxation more available to councils. Clearing the Hurdles, sponsored by South East Councils and written by think tank Localis, said[…]
Court rejects NHS trusts’ claim for millions in business rates relief: 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[...] dlvr.it/RL8F7D pic.twitter.com/fxt6Sor3Q7
Authorities turn away from PWLB in favour of borrowing from peers: 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[...] dlvr.it/RL8F57 pic.twitter.com/zIOf1KlNpc
County introduces new rules after £9.1m funds gaffe: A report to Hertfordshire’s most recent audit committee meeting said the “treasury control failure” had come to light in August, one day after the multi-million-pound redemption was not received.… dlvr.it/RL5DP0 pic.twitter.com/6LvY71zUew
News just in - #WorkingtonWoman is believed to represent roughly half the electorate in Workington.
LGPS urged to put the ‘social’ back into ESG: LGPS committee members and managers have been asked to elevate the importance of the “S” in ESG (environmental, social and governance) to help protect workers’ rights as the world confronts[...] dlvr.it/RL1c9p pic.twitter.com/xv590d3qm8
Room 151’s top 10 news stories of 2019 room151.co.uk/treasury/room-… #localgov
Room 151’s top news stories of 2019: 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[...] dlvr.it/RKy49q
Council files £130m claim against PFI contractor for post-Grenfell estate costs: 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[...] dlvr.it/RKkR8C pic.twitter.com/zIfQcikMjq
Review highlights ongoing financial management issues at Northamptonshire: Northamptonshire County Council’s new section 151 officer should draw up plans to repatriate powers from government commissioners amid ongoing problems with financial management,… dlvr.it/RKjLkN pic.twitter.com/tQIxMDawQV