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Room 151

  • 151 BRIEF

    What's New?

  • LGPS infrastructure partnership invests £1.8bn in renewables

    December 12, 2019

  • Brunel appoints global high alpha managers

    December 11, 2019

  • City of London completes £250m debt deal

    December 11, 2019

  • Mystery bidder appointed on £250m waste contract

    December 11, 2019

  • Investors withdraw from property fund

    December 11, 2019

  • Highland councillors back tourist tax

    December 11, 2019

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Author: Jo Tura

  • 1
    • in Interviews · Recent Posts
    • — 19 Nov, 2013

    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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    RBS downgrade, Peterborough bond impact, LGPS procurement, North Lanarkshire property deal 0
    • in 151 News
    • — 8 Nov, 2013

    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 0
    • in Interviews · Treasury
    • — 7 Nov, 2013

    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[…]

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    Herefordshire CT referendum, Business rates collection, Peterborough network, Brum CEO search 0
    • in 151 News
    • — 31 Oct, 2013

    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[…]

    Read more
  • Oxford moves to boost borrowing cap 0
    • in Funding · Recent Posts
    • — 31 Oct, 2013

    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[…]

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    DCLG examines LGPS, Goldman buys RBS MMFs, GMPF wins MoJ funds, EIB rating 0
    • in 151 News
    • — 25 Oct, 2013

    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[…]

    Read more
  • East Herts’ Adele Taylor on districts, treasury and self-sufficiency 0
    • in Interviews
    • — 24 Oct, 2013

    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[…]

    Read more
    New structure “a tragedy”, says former Co-op CEO 0
    • in 151 News
    • — 24 Oct, 2013

    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 0
    • in 151 News
    • — 17 Oct, 2013

    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[…]

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    South East Councils report argues local government needs fiscal autonomy 0
    • in Funding
    • — 17 Oct, 2013

    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[…]

    Read more
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    Room 151 2 days ago

    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

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    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

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    News just in - #WorkingtonWoman is believed to represent roughly half the electorate in Workington.

    Room 151 4 days ago

    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 4 days ago

    Room 151’s top 10 news stories of 2019 room151.co.uk/treasury/room-… #localgov

    Room 151 5 days ago

    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

    Room 151 1 week ago

    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

    Room 151 1 week ago

    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

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