The summer is nearly over. David Green writes that treasurers can look forward to a conclusion on the PWLB consultation, government action on commerical investments, the impact of negative interest[…]
PWLB borrowing may be blocked, but there are other ways to access credit. David Green surveys the options. As the consultation on PWLB future lending terms draws to a close,[…]
The future lending terms of PWLB is under review with the possibility of a ban on borrowing for commercial investment on the horizon. David Green argues some “fundamentals” need resolving[…]
An increase in PWLB rates has seen treasury officers deluged with offers of credit from the private sector. David Green writes local authorities should take care with the money they[…]
The government has finally lost its temper with ever increasing borrowing by local authorities and has added 1% to Public Works Loans Board interest rates. Anecdotally, much of this recent[…]
Now that local authorities are in the middle of preparing their first financial statements under the new IFRS 9 Financial Instruments accounting standard, here’s a reminder of what might need[…]
Councils who think they won’t be subject to new accounting rules on leases are in for a rude awakening, says David Green. One of the first things anyone analysing financial[…]
Strongly worded statements and additional guidance might not be enough to wean councils off their addiction to borrowing to fund property investments, says David Green. Local authorities must not borrow[…]
Room151’s recent Local Authority Treasurers Investment Forum (LATIF) provided lively debate over Brexit, councils’ commercial property purchases and general investment returns. David Green gives his overview of events. I recently[…]
A recent accounting clarification could have big implications for managing LOBO loans. David Green suggests there is a way to save councils from going under. Many local authorities had objections[…]
