Borough moves to bring care company back in-house
Cabinet members at the London Borough of Enfield have approved proposals to bring a trading company created to deliver social-care services back in-house after the venture failed to generate the[…]
151 News
NAO rejects option to allow extensions of revised audit code remit
The National Audit Office has backed down on a proposal to allow the introduction of new reporting criteria for local authority audits during the lifetime of a new Code of[…]
‘Risky’ councils set to struggle to access PWLB alternatives
The Public Works Loan Board (PWLB) could remain the only option to access borrowing for councils with poor credit ratings, according to industry experts. Local government finance experts gathered in[…]
Councillors voice worries about oversight of council-owned energy company
Councillors have raised concerns over the financial scrutiny of Britain’s first council-run energy firm. Conservative opposition members of Nottingham City Council have claimed there is a lack of independent oversight[…]
Council investigation uncovers evidence of ‘highly irregular’ loan discussions
Evidence implicates former senior management at a county council in offering a “highly irregular” multi-million pound loan to a developer seeking planning permission for a new garden community, a whistleblowing[…]
Prime minister Johnson “impressed” with Spelthorne initiatives
Prime minister Boris Johnson declared he was impressed with Spelthorne Borough Council’s initiatives during a visit to one of the authority’s out-of-borough commercial property investments. The authority’s well-publicised borrowing spree[…]
Oxfordshire growth arc set for £100m workplace parking levy
Oxfordshire County Council is set to approve plans for a workplace parking levy to raise up to £100m for new bus, cycle and pedestrian infrastructure. The council’s cabinet will next[…]
Scotland warns budget delay jeopardises council services
Scotland’s finance secretary has accused the UK government of being fiscally irresponsible for setting a budget date that makes it “impossible” for the devolved nation to debate its own spending[…]
Lancashire set to be first borrower from UK Municipal Bonds Agency
UPDATED: Lancashire County Council has been revealed as the local authority set to become the first borrower from the UK Municipal Bonds Agency (UKMBA). Last week, Room 151 revealed the[…]
Commercial income could be excluded from council funding calculations
The government is minded to exclude councils’ commercial income from calculations on how much funding they receive from central government, according to a senior official working on the Fair Funding[…]
