What's New?
August 15, 2019
August 15, 2019
August 15, 2019
August 15, 2019
August 15, 2019
August 15, 2019
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.
Housing & Regeneration Finance Summit, October 31, County Hall room151.co.uk/wp-content/upl… #housing #regeneration #localgov
Northants faces ‘significant challenge’ to deal with new £35m budget gap: Northamptonshire County Council faces a fresh financial crisis after a £34.9m budget gap for 2020/21 opened up. A review of the council’s medium term financial plan (MTFP)… dlvr.it/RBHSdF pic.twitter.com/eyfwlyYWu9
Councils warn of uncertainty following one-year settlement decision: Councils have warned they need certainty about funding reforms and revenue, following the chancellor’s decision to hold a one-year funding review. Local authorities called for funding… dlvr.it/RBDHtm
Auditors and PSAA slammed after jump in accounts deadline failures: Auditors scrutinising local authority accounts and the body responsible for appointing them have come under fire after new figures showed 40% of audit opinions missed the target date of… dlvr.it/RBClTv
Friends in #HACKNEY Vegan restaurant, Lele's (next to Dalston CLR James Library in the square) is doing #FREEcoffee from 10-2 today ... and they do a very good coffee!
Mighty fine praise from @sjeffrey01 Many thanks! twitter.com/sjeffrey01/sta…
Finance staff ‘inexperience’ contributed to error-ridden council accounts, say auditors: Auditors have issued a qualified adverse opinion on Reading Borough Council’s 2016/17 accounts – almost two years late due to a litany of problems. In a stinging… dlvr.it/RB6D1x pic.twitter.com/5sb7IUu3xE
One-year settlement decision ‘threatens Fair Funding Review’: The government’s decision to push ahead with a one-year Spending Review has prompted alarm from local government experts that it could force a delay in the implementation of the Fair[...] dlvr.it/R9ybZK pic.twitter.com/gLkoR9RsAe
Bonds agency seeks outsourced solution to achieve first bond launch: The Municipal Bonds Agency is set to outsource its management and operations to an external provider in a bid to get its first bond issue off the ground. The agency,[...] dlvr.it/R9vJ3S pic.twitter.com/fRgJ4WViin
Tough times ahead for Northamptonshire’s new s151: Northamptonshire County Council has announced the appointment of its fourth finance director in two years. The council this week revealed its finances are improving but confirmed the key figure… dlvr.it/R9qvC8 pic.twitter.com/Kys7lNQwGQ
Warrington warned over MRP approach ‘risk’: Warrington Borough Council has been warned that its approach to calculating its minimum revenue provision (MRP) could present a threat to delivery of its medium term financial plan (MTFP). The[...] dlvr.it/R9qvBx
Minister warned against meaningless local government finance review: The chief executive of the Chartered Institute of Public Finance and Accountancy has written to the new local government secretary not to review local government finance “unless you… dlvr.it/R9qLG6 pic.twitter.com/l1ZxMX2T8N
Don't miss an exceptional line-up of speakers at our #LGPS #AssetAllocation Forum on Nov 7th at the London Stock Exchange room151.co.uk/wp-content/upl… pic.twitter.com/1dc4oJ1MIH
Sector cool on proposed four-year LGPS valuation cycle: The Local Government Pension Scheme (LGPS) community has panned proposals for a four-year valuation cycle, with many questioning the government’s assumption it would reduce costs. This week saw the… dlvr.it/R9TCgc pic.twitter.com/83idYUmzfe
LGPS governance review rejects separation of s151 roles: A Local Government Pension Scheme governance review has recommended greater ring-fencing of pension fund management from host authorities – but stopped short of calling for separate section 151… dlvr.it/R9QGNG pic.twitter.com/nZZ8EZkibh
Redditch issued with section 24 notice and told to save £1.5m: Auditors have issued an “adverse” audit report for Redditch Borough Council telling the council it needs to save £1.5m over the next three years and is “at risk” of breaching[...] dlvr.it/R9PBjq pic.twitter.com/M5iUqCWpn0
PM pledges new local powers and spending for councils: The new prime minister has committed £300m to fund greater devolution across the UK. Boris Johnson this week continued his regional tour with the announcement of £300m to fund economic[...] dlvr.it/R9LHTf pic.twitter.com/R3S0zgbsuQ
