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[…]
Author: Jo Tura
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RBS downgrade, Peterborough bond impact, LGPS procurement, North Lanarkshire property deal
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[…]
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Matt Bance on multi-asset investing for treasurers
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[…]
Herefordshire CT referendum, Business rates collection, Peterborough network, Brum CEO search
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[…]
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Oxford moves to boost borrowing cap
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 examines LGPS, Goldman buys RBS MMFs, GMPF wins MoJ funds, EIB rating
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[…]
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East Herts’ Adele Taylor on districts, treasury and self-sufficiency
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[…]
New structure “a tragedy”, says former Co-op CEO
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[…]
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Wales budget, Bank regulation, Plymouth shared services, Academy pensions
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[…]
South East Councils report argues local government needs fiscal autonomy
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[…]
