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Room 151

  • 151 BRIEF

    What's New?

  • John Turnbull elected president of the SLT

    May 12, 2022

  • Pension pool identifies biodiversity as a priority

    May 11, 2022

  • TfL latest to face credit-rating downgrade by Moody’s

    May 10, 2022

  • Government proposes ‘fairer, more accurate’ business rates system

    May 10, 2022

  • Queen’s Speech confirms planning reforms

    May 10, 2022

  • 18,000 affordable houses lost through ‘permitted development’

    May 9, 2022

  • Treasury
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  • 151 News
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    • Ian O’Donnell
    • Jackie Shute
  • Interviews
  • Briefs

151 News

  • 0
    • in 151 News · Audit · Technical
    • — 13 May, 2022

    ‘Urgent consultation’ issued in response to continuing audit delays

    CIPFA and the Local Authority Scotland Accounts Advisory Committee (LASAAC) have announced another “urgent consultation” to consider proposals to address the latest issue that has led to significant delays to[…]

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    0
    • in 151 News · Treasury
    • — 9 May, 2022

    Room151 launches survey on IFRS 9 override and MRP impact

    Room151 has launched a survey to gauge the sentiment in local government on two important issues: the IFRS 9 statutory override and the consultation on Minimum Revenue Provision (MRP). The[…]

    Read more
  • 0
    • in 151 News · Housing · Infrastructure
    • — 5 May, 2022

    Abolition of section 106 agreements ‘threat to local prioritisation’

    A leading figure in the housing sector has expressed concern at the potential abolition of section 106 agreements in favour of an infrastructure levy. Claire Kober, managing director for homes[…]

    Read more
    0
    • in 151 News · Technical · Treasury
    • — 29 Apr, 2022

    Liability benchmark ‘should not be mandatory’

    Treasury managers attending Room151’s latest Monthly Online Treasury Briefing (MOTB) have strongly indicated that the liability benchmark should be a voluntary rather than a mandatory tool. It is now mandatory[…]

    Read more
  • 0
    • in 151 News · Audit · Infrastructure · Technical
    • — 26 Apr, 2022

    ‘Major issue’ leading to delays in signing off council accounts

    Further delays to the audits of 2020/21 local authority accounts have been attributed to issues over the valuation of infrastructure assets that are affecting a significant number of upper-tier councils.[…]

    Read more
    0
    • in 151 News · Governance
    • — 26 Apr, 2022

    CIPFA under pressure to publish fraud hub report

    CIPFA is coming under increasing pressure to allow members to review the independent report into the failure of its London Counter Fraud Hub (LCFH), which collapsed in 2019 with an[…]

    Read more
  • key, property, housing, 0
    • in 151 News · Housing · Private markets
    • — 20 Apr, 2022

    Northern LGPS pool to invest £150m in affordable housing

    The Northern LGPS pool is planning to invest a further £150m in affordable housing projects following a successful investment of a similar size last year. Northern’s previous £150m affordable housing[…]

    Read more
    0
    • in 151 News · Development · Funding · Housing
    • — 12 Apr, 2022

    Cornwall’s housing crisis: planning and tax reforms ‘urgently required’

    The section 151 officer at Cornwall Council has called on the government to implement reforms to planning and tax rules to help local authorities urgently respond to the housing crisis.[…]

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  • 0
    • in 151 News · Funding · Housing · Treasury
    • — 28 Mar, 2022

    Investors ‘potentially damaging housing business models’, MOTB attendees told

    Investors looking for “cutting-edge, high-end returns” on social impact funds that target homelessness are “part of the problem” and not helping to address the affordable housing crisis, attendees at the[…]

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    0
    • in 151 News · Funding · Levelling up
    • — 25 Mar, 2022

    Levelling up’s ‘tyranny of competitive funding’

    Speakers at Room151’s Local Authority Treasurers Investment Forum (LATIF) North have expressed concern about the funding processes established by central government as part of the levelling up agenda. Professor Steven[…]

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  • Latest tweets

    Room151 21 hours ago

    Bags of capacity – now to housing delivery: HRAs have been freed up and councils are starting to invest, but some remain cautious, writes Steve Partridge. He suggests that a minimum of £10bn of additional borrowing could be[...] dlvr.it/SQDvxk pic.twitter.com/yZmoWzHv6U

    Room151 22 hours ago

    Bags of capacity – now to housing delivery room151.co.uk/treasury/bags-…

    Room151 2 days ago

    To Michael Gove: a modest proposal: Conrad Hall has written an open letter to the levelling up secretary suggesting an unusual (and tongue-in-cheek) proposal to help councils predict next year’s government grant. Dear Secretary of State,[...] dlvr.it/SQ9GpX pic.twitter.com/mSX1xgeL8a

    Room151 2 days ago

    Queen’s Speech: an ambitious plan hampered by omissions: Richard Harbord examines the impact of the government’s legislative proposals on councils, and concludes that local authorities expect and need more from central government. However you view the… dlvr.it/SQ8hmP pic.twitter.com/BsnziyNPIO

    Room151 3 days ago

    Insights and inspiration from LGPS leaders past and present: Four current and former LGPS leaders have recently given powerful and insightful interviews as part of the Fiftyfaces podcast, which showcases inspiring investors and their stories. Hosted by… dlvr.it/SQ53lC pic.twitter.com/IRYMFPxdA2

    Room151 4 days ago

    Rate rise represents ‘fastest increase in borrowing costs in 25 years’: Partner Content: CCLA Investment Management’s Robert Evans analyses the rationale for the Bank of England’s latest rise in the Official Bank Rate and assesses the likely outcome of… dlvr.it/SQ33k3 pic.twitter.com/A81yiS1UgN

    Room151 4 days ago

    The Liability Benchmark, very much unloved at the recent Room151 treasury briefing, receives a much more positive assessment from Jackie Shute. There’s ‘no better tool for treasury portfolio management’, she says. #localgov #finance room151.co.uk/treasury/in-pr…

    Room151 4 days ago

    In praise of the Liability Benchmark: Jackie Shute responds to recent criticisms of the framework used to plan the future borrowing requirements of a local authority. I’m not suggesting that this debate will have the same[...] dlvr.it/SQ2cGf pic.twitter.com/4rqXTpHC9A

    Room151 4 days ago

    Room151 launches survey on IFRS 9 override and MRP impact: Room151 has launched a survey to gauge the sentiment in local government on two important issues: the IFRS 9 statutory override and the consultation on Minimum Revenue Provision (MRP). The[...] dlvr.it/SQ1VT7 pic.twitter.com/ahPEiLoFNC

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