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[…]
A back office shared services initiative run by three London councils is to create a “finance academy” to improve budget management and financial control. The move is being made as[…]
The London Borough of Barnet has set out proposals to boost its housing stock by channelling additional investment into a registered provider owned by its arm’s-length management organisation to complement[…]
A county council has warned of “predatory” lenders circling the local government sector in the wake of the government’s decision to raise the Public Works Loan Board (PWLB) interest rate.[…]
Northamptonshire County Council is on track to underspend on its 2019/20 budget, despite a predicted overspend of £7.5m on children’s services. In August, Room 151 reported that the authority faced[…]
The Scottish finance minister has launched a stinging attack on the UK Treasury over their response to two letters she sent them voicing concerns over the impact on Scottish infrastructure[…]
A government commission on architectural design has called for changes to the way public funding is used to aid new-home delivery plus business rates breaks to aid high street shops.[…]
