In praise of the Liability Benchmark
Jackie Shute responds to recent criticisms of the framework used to plan the future borrowing requirements of a local authority. I’m not suggesting that this debate will have the same[…]
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May 18, 2022
May 12, 2022
Jackie Shute responds to recent criticisms of the framework used to plan the future borrowing requirements of a local authority. I’m not suggesting that this debate will have the same[…]
Borrowing short-term and waiting for the PWLB consultation to finish may not be much of a borrowing strategy for local authorities. Jackie Shute looks at the risks involved. Has there[…]
The following communication is written by Jackie Shute of PS Live. Jackie will be analysing the results of CIPFA’s treasury management risk survey here on Room151. Losing interest in treasury[…]
Gone are the days in local government of having a nice rest between closing the accounts and thinking about the following year’s budget. And no doubt in many authorities the[…]
Don’t get me wrong, I am not a Trekkie, so as much as some of you may like the idea of this blog being about Spock and co., you may[…]
OK, so perhaps I don’t mean that question quite as broadly as it sounds – I am of course not referring to the theological use of the term – perhaps[…]
It’s that time of year when treasury practitioners are busy finalising their strategies and going through the seemingly endless cycle of cabinet/scrutiny/council meetings in the bid to put together a[…]
Ok, so I know you treasury professionals out there may not be overly fond of commenting on articles that you have read (and perhaps even found interesting?) but I kick[…]
What was one of the main criticisms arising from the post Icelandic fallout? Over-reliance on credit ratings. Looking a bit deeper into that, was it a criticism about ratings per[…]
Without question, security should be the prime consideration of any treasury management investments strategy – perhaps how we ascertain that remains something of a debate but nonetheless it should be[…]
Back to the future for the PWLB: The Public Works Loan Board is tightening its lending criteria to ensure that loans will be repaid by local government borrowers. But, asks Peter Findlay, shouldn’t they have been doing[...] dlvr.it/SQcmmm pic.twitter.com/bVv4fe0Xlv
Great piece from Peter Findlay on the PWLB’s tightening of its lending criteria. He raises some pointed questions for the Treasury and explains why the ‘casino council’ characterisation was simplistic and inaccurate. #PWLB #localgov room151.co.uk/treasury/back-…
The Queen's speech highlighted the need for accelerating UK infrastructure investment into levelling up projects and cutting emissions. @UKInfraBank #QueensSpeech #ClimateAction #emissions Click the link below to read 🔻🔻 room151.co.uk/brief/bill-wil… pic.twitter.com/hFmF2veVIa
Huge funding heading to the @WestMids_CA from @landg. @andy4wm #LevellingUp #netzero #regeneration Click the link below to read 🔻🔻 room151.co.uk/brief/wmca-sig… pic.twitter.com/ajhZhia6mx
LGPS governance, Cagney and Lacey style: What regulatory response can be expected following the publication of the Good Governance project’s Phase 3 report and the closure of the Single Code of Practice consultation? Susan Black offers[...] dlvr.it/SQbfXf pic.twitter.com/xwqHOEu2AP
More evidence of the importance of emerging markets in the journey to net-zero. @BordertoCoast @BrunelPP @northernlgps @EAPensionFund @WYPF_LGPS Click the link below to read 🔻🔻 #LGPS #NetZero #NetZeroCarbon #EmergingMarkets room151.co.uk/brief/400bn-pe… pic.twitter.com/qCm0EGxzLn
‘Urgent consultation’ issued in response to continuing audit delays: CIPFA and the Local Authority Scotland Accounts Advisory Committee (LASAAC) have announced another “urgent consultation” to consider proposals to address the latest issue that has led… dlvr.it/SQJ0kV pic.twitter.com/s6vw0bnGXO
Bags of capacity – now to housing delivery: HRAs have been freed up and councils are starting to invest, but some remain cautious, writes Steve Partridge. He suggests that a minimum of £10bn of additional borrowing could be[...] dlvr.it/SQDvxk pic.twitter.com/yZmoWzHv6U
Bags of capacity – now to housing delivery room151.co.uk/treasury/bags-…
To Michael Gove: a modest proposal: Conrad Hall has written an open letter to the levelling up secretary suggesting an unusual (and tongue-in-cheek) proposal to help councils predict next year’s government grant. Dear Secretary of State,[...] dlvr.it/SQ9GpX pic.twitter.com/mSX1xgeL8a
Queen’s Speech: an ambitious plan hampered by omissions: Richard Harbord examines the impact of the government’s legislative proposals on councils, and concludes that local authorities expect and need more from central government. However you view the… dlvr.it/SQ8hmP pic.twitter.com/BsnziyNPIO