LGPS: Making net zero add up to something real
Much hope rests on the COP 26 climate conference in Glasgow. But how does LGPS play a substantive role in achieving “net zero”. Elizabeth Carey writes how support for reporting[…]
Blogs
Complexity of treasury governance challenges members and officers
The governance of treasury management is a multi-faceted process governed by multiples agencies in many documents. David Green examines the benefits of simplification. I’m sometimes asked how local authorities go[…]
LGPS could back an investment Big Bang ‘so long as the price is right’
Boris Johnson and Rishi Sunak have written an open letter for financial institutions to use their capital to fuel an investment “Big Bang”. William Bourne argues LGPS could invest at[…]
Crisis in local audit unlikely to be solved by coming reforms
Local authority audit is changing but, Stephen Sheen argues, 100% private sector provision is unlikely to be “viable” while the underlying problem is difficulty recruiting for “soul destroying” work. At[…]
2021 treasury management survey underway
It’s been the toughest time for councils: long years of austerity were followed by the pandemic and a year of delivering emergency funds and support for residents and businesses. But[…]
Mandatory Prudential Code ‘no substitute’ for effective balance sheet management
While stable doors are bolted to restrict future commercial investment, local authorities need to put the balance sheet at the core of their financial management writes Alison Ring. With restrictions[…]
Keeping an eye on inflation, quantitative tightening and consultations
David Chefneux writes the global recovery, market volatility, inflation trends and quantitative tightening will all be big issues in treasury risk management. With the holiday season in full swing (although[…]
What’s the benefit of using the PSAA?
Conrad Hall examines the case for councils to undertake their own audit procurement instead of sticking with Public Sector Audit Appointments. To PSAA or not to PSAA: That is, if[…]
Richard Harbord: ‘Effective governance’ the key to commercial activity
In a recent report the think tank Localis wrote that council commercial activity has come to be viewed by many as “inherently risky”. Richard Harbord argues that councils have a[…]
Andrew Hardingham: Holidays await but the ‘in’ box is brimming over
Finance chiefs may be longing for time off but unfortunately there is a long list of issues still awaiting their attention. Andrew Hardingham offers a checklist you probably don’t want[…]
