What's New?
A top government local finance official has been lined up to update the sector on treasury and capital policy at next March’s Room 151 Northern Local Government Treasurers Investment Forum[…]
Councils borrowed just £80m through the Public Works Loan Board (PWLB) during the first full month since the Treasury’s rate rise, a mere 4% of August’s total. Just two authorities[…]
A report to Hertfordshire’s most recent audit committee meeting said the “treasury control failure” had come to light in August, one day after the multi-million-pound redemption was not received. The[…]
As an eventful year for local authority treasurers draws to a close, Room 151 takes a look at the top 10 stories from the sector during 2019. 10. Spending watchdog[…]
A report by London Borough of Haringey finance officers has sounded the alarm over the options for councils to find cheaper lenders than the Public Works Loans Board (PWLB) following[…]
English local authorities’ total service expenditure reached £91.4bn in 2018-19, a 1.9% increase on the previous year and its highest level since 2014-15. The figures were included in the Local[…]
A leading local government finance figure says the government should have allowed councils to swap their Public Works Loan Board loans as an alternative to raising the interest rate. Last[…]
Councils should consider disposing of investment properties if they are unable to set aside enough reserves to cover potential losses, according to new guidance. The Chartered Institute of Public Finance[…]
An annual survey of cash managers has reported that demand for money market funds (MMFs) remains steady against a backdrop of global uncertainty that names Brexit as one of the[…]
Investment manager CCLA has launched an initiative to use shareholder power to encourage companies to tackle the scourge of modern slavery. CCLA has joined with investor organisation Principles for Responsible[…]
