The government has confirmed a new discounted local infrastructure rate available through the Public Works Loan Board. Up to £1bn will be available at the new rate of gilts +60 basis points, which will be available for three years to support projects that are “high value for money”. Details of the bidding process will be published in December.
"...noncompliance with the code must cease." It may sound like the return of the Daleks but, no! The Prudential Code consultation is back. cipfa.org/policy-and-gui…
Despite a commitment of billions, social care funding is ‘not solved’: The government’s social care announcements will fall short of solving the funding crisis for local government and might even make it worse, writes Adrian Jenkins. All now depends on… dlvr.it/S7zJmc pic.twitter.com/XS1smcCehp
Last call for MTFS this year: lnkd.in/dT4yNUtV Book now to secure your place: lnkd.in/d6Vy-cVE pic.twitter.com/3iZssWu0Gk
LGPS: Making net zero add up to something real: Much hope rests on the COP 26 climate conference in Glasgow. But how does LGPS play a substantive role in achieving “net zero”. Elizabeth Carey writes how support for reporting[...] dlvr.it/S7hJFP pic.twitter.com/WPwQIUfl0x
Complexity of treasury governance challenges members and officers: The governance of treasury management is a multi-faceted process governed by multiples agencies in many documents. David Green examines the benefits of simplification. I’m sometimes asked… dlvr.it/S7TVFR pic.twitter.com/J2TPTS7yo9
Calling all #LGPS administering authorities room151.co.uk/calendar/lgps-… More speakers, sponsors and themes announced. 📣📣📣📣📣📣📣📣📣📣📣 #localgov #s151 #pensionfund #investment #valuations #COP26 #privatemarkets #alternatives #fixedincome #TCFD pic.twitter.com/k3XCqGQnHM
LGPS could back an investment Big Bang ‘so long as the price is right’: Boris Johnson and Rishi Sunak have written an open letter for financial institutions to use their capital to fuel an investment “Big Bang”. William Bourne argues LGPS could invest… dlvr.it/S74x6C pic.twitter.com/F5fbYmmkga
Crisis in local audit unlikely to be solved by coming reforms: Local authority audit is changing but, Stephen Sheen argues, 100% private sector provision is unlikely to be “viable” while the underlying problem is difficulty recruiting for “soul… dlvr.it/S6k79x pic.twitter.com/v31Qqv27K9
2021 treasury management survey underway: It’s been the toughest time for councils: long years of austerity were followed by the pandemic and a year of delivering emergency funds and support for residents and businesses. But[...] dlvr.it/S6NMxG pic.twitter.com/R80Ifptxsl
Mandatory Prudential Code ‘no substitute’ for effective balance sheet management: While stable doors are bolted to restrict future commercial investment, local authorities need to put the balance sheet at the core of their financial management writes… dlvr.it/S6MDH5 pic.twitter.com/nUBwgf2CGD
Keeping an eye on inflation, quantitative tightening and consultations: David Chefneux writes the global recovery, market volatility, inflation trends and quantitative tightening will all be big issues in treasury risk management. With the holiday season… dlvr.it/S6F3y4 pic.twitter.com/mmH3CIq2Pz
What’s the benefit of using the PSAA?: Conrad Hall examines the case for councils to undertake their own audit procurement instead of sticking with Public Sector Audit Appointments. To PSAA or not to PSAA: That is, if[...] dlvr.it/S5pGk8 pic.twitter.com/FzIdHjNhJI
Richard Harbord: ‘Effective governance’ the key to commercial activity: In a recent report the think tank Localis wrote that council commercial activity has come to be viewed by many as “inherently risky”. Richard Harbord argues that councils have a[...] dlvr.it/S5pGjl pic.twitter.com/eK51r5RdxR
Andrew Hardingham: Holidays await but the ‘in’ box is brimming over: Finance chiefs may be longing for time off but unfortunately there is a long list of issues still awaiting their attention. Andrew Hardingham offers a checklist you probably don’t… dlvr.it/S5pGjH pic.twitter.com/i8VxQ2GhPN
This September, we are running another edition of the popular course 'Developing a medium-term financial strategy', delivered by Andrew Hardingham lnkd.in/dT4yNUtV There are limited spaces - don't miss out by registering today: lnkd.in/dkPRMTtT pic.twitter.com/CNU3aStT4I
Council auditors are in ‘shackles’ and need to be released: Rebecca Keene writes that local government audit has become distracted by valuations and cash flow projections. As we reach the end of July and what would be, pre-pandemic, the deadline[...] dlvr.it/S4yHxQ pic.twitter.com/M2ohbPV821
