Write Your Blog in Room151

Statutory overrides: extend or make permanent, but do it soon: David Green writes that the alternative to extending statutory overrides will be “no good for local or central government, nor their taxpayers”. Local authorities are drawing up their revenue… dlvr.it/RmQZMS pic.twitter.com/pwCVIhoUNz

Every time we commission a bonds feature, the PWLB changes it rates and we have to rewrite it. This is about the fourth time it's happened! Enough already. #localgov

2/2 Will be interesting to see how 'primarily for yield' is defined by those who borrow and by the PWLB.

1/2 "...the PWLB will ask FD of the LA to confirm that there is no intention to buy investment assets primarily for yield at any point in the next three yrs...assessment is based on the FD's prof interpretation of guidance issued alongside these lending terms."

#localgov twitter.com/danbates_LGi/s…

Europe’s Green Deal offers ‘considerable opportunity’ for investors: A pledge to make the European Union (EU) carbon neutral by 2050 lies at the heart of The European Commission’s European Green Deal. Joshua Kendall explores the scope of the[...] dlvr.it/RmKdQw pic.twitter.com/OKOZqHbwbz

CFOs play a crucial role unfluencing strategic direction during Covid: The CFO is in a key position to help deliver an organisation’s strategic objectives. But this is a complex journey. Nathan Elvery provides some directions to help chart a course.[...] dlvr.it/RmK2MS pic.twitter.com/xdquEjk1Tw

Hearing congratulations are due again at the @UKMunicipalBond agency as they aim to get away a £250m Warrington bond today. #localgov #munibonds #bonds #treasurymanagement #s151 More to follow...

The Ice Age in bond yields doesn’t have to mean frozen returns: Sponsored article: It’s be an uncertain end to a crazy year, but one thing is clear: Low rates are here to stay. A global recession, rising COVID cases and uncertainty[...] dlvr.it/RmGX04 pic.twitter.com/7vrburz0v7

Capital health indicators key to Croydon’s crisis: Croydon is the latest local authority to issue a section 114 notice.  Experts Dan Bates and Christian Wall look at the trends underlying the council’s woes. Christian Wall Croydon’s section[...] dlvr.it/Rlwtc1 pic.twitter.com/d6Y1zwagfM

Local accounts compiled ‘as if they are destined for the filing cabinet’: Alison Ring FCA, director for public sector at ICAEW, believes that the Redmond Review provides an opportunity to fix the real issue with local authority accounts, which is that… dlvr.it/RltDFf pic.twitter.com/flfHDwwEpc

Rebuke of £3.6bn Towns Fund administration hits home: MPs on the Public Accounts Committee say the running of the Towns Fund is opaque and “not impartial” . With a bulging kitty of £3.6bn the government’s Towns Fund—a project[...] dlvr.it/RlbnwG pic.twitter.com/TtP5yDEeeC