Finnegan’s Take: Co-op alarm bells sound all too familiar
Most of my blogs in the last year have touched upon credit risk in one way or another. Much of that credit risk had a ‘far away’ feel, concerning the[…]
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August 10, 2022
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Most of my blogs in the last year have touched upon credit risk in one way or another. Much of that credit risk had a ‘far away’ feel, concerning the[…]
Another quarter and another Eurozone sovereign/banking calamity. Perhaps the greatest shock would be a quarter without one! This time we all check our exposures to Cyprus – probably very unlikely[…]
My first reflection this year concentrated on the HRA self-financing debt settlement – treasury staff at many local authorities had spent considerable time in 2011 investigating the myriad financing opportunities[…]
Looking over my Q2 commentary there was little bright news to console local authority investment managers in the macro economy – plus ca change. Whilst the Eurozone rollercoster seemed to[…]
Greek elections, Spanish bank bailouts, UK bank downgrades, ECTRF, LIBOR fixing – the treasury arena attracted more than its fair share of headlines in Q2. The news was rarely positive. […]
Q1 was a busy and turbulent time for local authority treasurers as they took on HRA debt, digested the budget and the PWLB rate change and continued to look for[…]
Which LGPS pools and funds are attending the LGPS Investment Forum on Nov 2 & the LGPS Private Markets Forum on Nov 1st? Answer here: lnkd.in/eDHU8tuy pic.twitter.com/D3gd63Rh7F
LGPS and levelling up: nothing to fear but fear itself: There have been a number of objections to government plans for LGPS funds to invest 5% of their assets in local projects. But George Graham says these objections can be[...] dlvr.it/SWL7vt pic.twitter.com/ebwBEkZTy4
George Graham @SYpensions @bordertocoast channels his inner FDR in a call for local government pension funds to avoid the fear factor and embrace levelling up #LGPS #localgov room151.co.uk/local-governme…
Changes to rules on capital receipts raise wider questions: Stephen Kitching argues that DLUHC’s latest rule changes are part of a series following on from revisions to MRP guidance and the purchase of commercial property. He questions whether… dlvr.it/SWGqKC pic.twitter.com/Ycr5hWZDPk
‘No ifs, no buts’: the Bank of England continues its battle with inflation: Partner Content: CCLA Investment Management’s Robert Evans discusses the MPC’s 0.5% increase in the Official Bank Rate and its ongoing commitment to the 2% inflation target… dlvr.it/SW7SNC pic.twitter.com/ryOzYRSNA9
DLUHC changes rules on flexible use of capital receipts: The levelling up secretary has written to all council leaders to amend the rules concerning the flexible use of capital receipts to fund transformation projects. In his letter, Greg Clark[...] dlvr.it/SW3jyX pic.twitter.com/KEhSSaMITl
Local audit and financial reporting: let’s take back control: Mazars’ Suresh Patel suggests three steps that auditors and council finance teams should take to help get financial reporting and local audit back on track. Following my recent appearance… dlvr.it/SW0PfV pic.twitter.com/miL7pjukce
The case for residential investment: income, impact and resilience: Partner Content: Emma Gullifer from Columbia Threadneedle discusses the options for pension funds looking to invest in residential property including the Build-to-Rent market.… dlvr.it/SVzKwN pic.twitter.com/hdgZ4zKt4H
Draft accounts: delays continue despite deadline dash: Dan Bates discusses the latest data on the publication of local authority accounts and examines why so many councils missed the 31 July deadline. Sunday 31 July 2022 was the[...] dlvr.it/SVx2ZT pic.twitter.com/gdELhD3Yis