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The Public Accounts Committee (PAC) says the government has not done enough to ensure local authorities adopt proper governance arrangements over their increasing commercial ventures. In a report released this[…]
The National Audit Office is investigating the growing trend of councils borrowing from the Public Works Loan Board to fund property investment, it has emerged. The probe was revealed by[…]
The forthcoming Spending Review is set to pave the way for the devolution of some national taxes to local government, according to chief secretary to the Treasury, Liz Truss. Speaking[…]
Hertfordshire County Council is facing a funding gap set to grow to £90m in four years’ time, with plans in place expected to account for half of the shortfall, according[…]
Hackney Council has earmarked £150,000 as start-up costs for a council-run energy company to tackle the fuel poverty of almost 10,000 households in the borough. The council’s cabinet this week[…]
A north-east London borough is progressing plans to set up a new education-services company, in a bid to cut costs at the same time as maintaining the quality of its[…]
A group of councils has joined the Local Government Association (LGA) in launching a new mutual aimed at offering a better deal for councils on insurance. The mutual will see[…]
A district council has dropped plans for a joint finance function with a neighbour amid concerns over whether shared services are achieving value for money. In 2015, South Cambridgeshire District[…]
Local authorities need to be alert to the potential dangers of signing “income strip” deals without carrying out proper due diligence, according to local government finance experts. A growing number[…]
While finance professional are expected to have a solid grasp of detail and process, Stephen Fitzgerald argues that for senior officers, it’s strategic thinking that makes the difference. A principal[…]
