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Local government funding confirmed this week will provide a boost to council budgets but there remains uncertainty over resources for the coming years. The House of Commons voted this week[…]
Warwick District Council has become the first authority to back a referendum on increasing its council tax share above the 2% limit. Residents will be asked on 7th May to[…]
A key element of the planned guidance on responsible investment for Local Government Pension Scheme member funds has been put on hold because of uncertainty over the impact of the[…]
Peterborough City Council has revealed plans to use £7m of capital receipts to help balance its in-year revenue budget and 2020/21 spending proposals – despite controversy surrounding similar moves in[…]
The fees council pay for their external audits are set to be frozen for the second year running despite increasing cost pressures on audit firms, according to the body responsible[…]
A Northern Ireland council has voted to increase its domestic rate bills by almost 8% after being told by the Chartered Institute of Public Finance and Accountancy (CIPFA) that its[…]
Aberdeen City Council has a patchy record of planning and monitoring its service-boosting income generation proposals – many of which fail to meet their budgeted targets, an internal audit report[…]
The UK Municipal Bonds Agency (UKMBA) today launched its long-awaited first bond into the market, ending a six-year wait. In January, Room 151 broke the news that the UKMBA was[…]
Proposals to invest almost £2bn in delivering new council homes and close on £500m to upgrade existing social-housing and tenant services over the next decade are set to be agreed[…]
The government’s spending watchdog has urged the government to review the regime governing councils’ capital spending, concluding that their activity in the commercial property market raises questions about whether it[…]
