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In the news

West Midlands Pension Fund sets local investment target

Mayoral development corporation to accelerate Birmingham regeneration

More councils see exceptional financial support requests granted for 2026/27

‘Bankrupt Birmingham’ tag a ‘thing of the past’

2025 in review part two: July to December

2025 in review part one: January to June

New LGPS Central chair pledges focus on governance as pool expands

Birmingham still ‘financially fragile’, say commissioners

‘Danger’ less emphasis will be placed on savings delivery at Nottingham, warn commissioners

Birmingham finance chief calls for modernisation of s114 system

LGPS Pool acquires stake in three regional airports

Birmingham financial health claims ‘entirely incorrect’, say commissioners

Birmingham equal pay settlement ‘opportunity to limit further costs’

Government measures can have ‘catastrophic’ impact; EFS treating ‘symptoms, not cause’

Birmingham regeneration scheme with 51% affordable homes moves step closer

Paul Woods: cutting legacy capital support is ‘unfair and damaging’

EFS dependency grows as sector pushes for alternative model

Growth can’t happen without devolution

A way forward for councils in debt crisis

Power grab or driver of change? The Devolution Bill debated

Hillingdon appoints Steven Muldoon to s151 position

Commercial investment windfalls give balance to Coventry

Local authority debt in the spotlight as £2.9bn of assets sold in two years

McArdle replaces Caller as Birmingham lead commissioner

Birmingham publishes three years of accounts as audit reveals control failures

OBR acknowledges ‘growing risks’ to local government financial sustainability

Owen Mapley: fair funding is not the fix-all for council finance crisis

Is Reform’s DOGE a threat to local government audit?

Union calls for end to ‘profiteering’ on local authority debt

Forecasted £618m in Birmingham asset sales short of £750m target

Exclusive: Andy Burnham – ‘route funding through us, not Whitehall’

Mike O’Donnell appointed to Transport for London board

Deeper devolution needed to successfully reform state, say public sector experts

Clive Heaphy set to become interim s151 at Somerset

Toxic waste: how councils can come clean on waste management

Commissioners question Birmingham’s budget setting and MTFP

Audit crisis: over 60 councils miss deadline as backlog persists

The blame game: why are s151 officers always in the firing line?

How can local and central government unlock housing delivery?

Council funding crisis deepens as 30 authorities granted EFS

Birmingham’s financial collapse: audit exposes budget mismanagement and political interference

Social housing inspections: where are authorities going wrong and how can this be put right?

Government takes ‘strict approach’ on council tax increase requests as final finance settlement is unveiled

Exclusive: Birmingham MP urges Rayner to intervene amid WMPF overspend allegations

Birmingham needs second 10% council tax increase and £153m in savings

Carol Culley takes on executive director and s151 role at Birmingham

West Midlands Pension Fund in the firing line over employer contributions

Chris Buss: we’ve started, so we’ll finish – or will they?

Birmingham reaches equal pay agreement with unions

‘The cost of staying the same could be greater than the cost of change’: TechnologyOne EVP Leo Hanna interview

Birmingham City Council completes £73m bond buyback

Government extends intervention at Slough while Birmingham faces severe challenges

Could LGPS investors help unlock the Northern Powerhouse?

UNISON: councils ‘teetering on the brink of financial disaster’

Birmingham’s s114 process and intervention queried in new report

‘Tens of millions’ in equal pay claims issued against Brighton and Hove

‘Decade of renewal’: 20 authorities call for new government to save council housing

Borrowing trends: is the local government debt trajectory sustainable?

Political parties’ ‘silence’ on local government finance likely to push more councils to the brink

Has local government cut itself off from cheaper borrowing?

Cornwall Council launches £10.6bn investment programme

Oracle IT system costs soar to nearly £40m for West Sussex

Former BoE chief economist makes case for urban wealth funds to alleviate council crisis

Government approves capitalisation directions at 19 councils

Birmingham to pay back £1.3bn financial support through asset sales; ‘unprecedented’ savings programme unveiled

95% of authorities to implement maximum council tax

West Yorkshire Pension Fund injects cash into inter-authority lending market

Birmingham plans 600 redundancies as £300m budget gap ‘may rise’

2023 in review: 12 of Room151’s best blogs

2023 in review: the best stories in local government finance

Birmingham looks to £2.4bn property portfolio to bridge £300m budget gap

Almost one in five councils ‘likely’ to issue s114s

Chris Buss: is all well within the ring fence?

Max Caller: an s114 is a sign of failure on behalf of the officers, the members or both

Birmingham needs further help to set budget as ‘stark’ medium-term position is outlined for the first time

One in ten Society of County Treasurers member councils in danger of not balancing their budget this year amid £600m overspend

Northern LGPS invests in UK real estate fund

GMPF to invest £150m in Bruntwood SciTech

Birmingham commissioners appointed for five years, with Chris Tambini focusing on finance

Councils face funding shortfall exceeding £3.5bn

Making sense of the local council financial crisis across England

Ongoing equal pay dispute leads to second Birmingham s114 notice

75,000 council assets worth £15bn sold in past 13 years, research finds

CIPFA issues urgent guidance to finance directors on s114 practice

Rowley: ‘I need local government to be squeaky clean with money and not experiment’

Government intervention at Birmingham will ‘protect the interests of residents and provide assurance to the sector’

Hillier: ‘real renaissance of local government under Labour’

Richard Harbord: no easy path to sustainable local government

Leeds wants ‘complete revamp’ of local government funding amid five-year, £250m budget gap

‘Stark’ service cuts at Woking as ‘things will get worse before they get better’

Growing funding gap of almost £50m ‘most immediate issue’ for Kirklees

Chris Buss: is the wolf really at the door now?

Birmingham City Council issues section 114 notice

Allianz GI on gradual home ownership: ‘people want to put down roots’

Birmingham faces £87m budget shortfall this year and £165m next before £760m equal pay costs are factored in

JOB ALERT: Public Sector Governance Consultant

Birmingham City Council ceases non-essential spending

Birmingham City Council facing additional equal pay costs worth £760m

Birmingham Council plans to spend £100m to fix Oracle IT system

Liverpool appoints Ian Williams as permanent director for finance

Birmingham appoints new s151 officer following IT contract debacle

Liverpool signs Sara Pitt as interim director of finance

Increased regulation required for ‘exempt’ housing

Davison: levelling up exclusion ‘best route to go down’

GLIL acquires 25% stake in M6 toll road

Gove names and shames councils over poor social housing conditions

Gove appoints finance commissioner for Liverpool

Councils forecast increasing budget gaps as inflation erodes finances

Becky Hellard: going boldly in Birmingham

Redmond confirmed as keynote speaker for LATIF/FDs’ Summit

Bids requested for £20m programme to tackle inadequate supported housing

Bags of capacity – now to housing delivery

Review of supported housing ‘urgently needed’

75 local authorities eligible for £302m family hub funding

Room151 teams up with Arlingclose to explore Prudential and Treasury Codes in webcast special

Richard Harbord: ‘Effective governance’ the key to commercial activity

MPs demand “urgent” action to repair local government audit

Cash flow forecasting key to treasurers

“Localism, localism, localism”, or simply time for better funding

Outcome based budgeting: It’s all about culture and management

Building Beautiful Commission seeks funding tweaks and tax breaks

Appeal Court backs Birmingham’s £19m sprinkler spending

Councils deliver 40% rise in homes with their own cash

Sponsored: Driving regional growth through the government hub programme

PWLB rate hike sends shockwaves through council finance sector

Rise in council spending on land and buildings slows

78,000 businesses referred to bailiffs over business rate defaults

Treasury management: Experts voice worries over borrow-to-invest strategies

Council PWLB borrowing hits record level in August

Chancellor aims cash boost at social care and SEND services

Caller and Whiteman to advise council on improvements

Birmingham brings more services in-house

Birmingham predicts £17.4m revenue overspend

Redditch issued with section 24 notice and told to save £1.5m

Business rate borrowing helps regeneration, says think tank

HRA lift isn’t magic fix for housebuilding, say councils

Court dismisses legal challenge to Birmingham sprinklers spending

Audit review raises prospect of new transparency rules for s151s

Councils vow to fight £2.35bn business rates court challenge

The future for outsourcing after Barnet formula cracks

Amey ends Birmingham PFI contract

Council commercial property investment rises again

Leeds strikes deal with government over rising PFI schools costs

Low PWLB rates prompt borrowing surge

100 up for LATIF 2019 as Brexit strategy and resilience top the agendas

Birmingham approves 10-year housing vision

Spending watchdog probes council borrowing for property investment

Troubled Northamptonshire makes ‘unprecedented’ in-year turnaround

Partners at loggerheads over Birmingham PFI deal

Birmingham Improvement Panel praises financial management progress

Airport tax mooted as Birmingham Commonwealth Games funding solution

Birmingham CFO rules out issuing section 114 notice over accounts error

Councils warned over “son of LOBOs” income strip deals

Auditors issue Birmingham with third section 24 notice

Use of capital receipts to fund redundancies a “necessary evil” say councils

Amey and Birmingham may settle road contract dispute

O’Donnell new chief executive of London CIV

Birmingham regeneration project saved by LEP funding

Cornwall ends inverse LOBOs

PWLB money stokes bonfire of the LOBOs

Labour council leaders demand more cash

Birmingham in payment spat with contractor

McDonnell calls for compensation on LOBOs

Government data reveals extent of council property “craze”

Northants exits LOBOs as October PWLB borrowing hits £850m

Birmingham launches consultation on budget savings

50 authorities miss accounts deadline, says PSAA report

CIPFA moots steps to quell commercial property ‘craze’

Thinking cap – What does the scrapping of the HRA cap mean for finance directors?

May scraps the HRA cap in bid to tackle housing crisis

Bonfire of the LOBOs sweeps through Birmingham

Clive Heaphy: Beyond 100 days – restructuring, rebuilding and section 24s

PWLB borrowing soars with Spelthorne leading the pack

Legal & General lead sponsor for housing summit

Housing and regeneration summit to explore collaborative finance and funding models

Funding available to promote digital services

O’Donnell joins CIPFA in local government finance role

Amey ordered to repay £54m to Birmingham

Clive Heaphy: My first 100 days as CFO at Birmingham City Council

Election campaign targets inter-authority lending

Five LGPS funds invest £100m in the private rented sector

Spelthorne borrows £30m as PWLB lending tops £1bn in March

Inflation undermining investments is the ‘biggest’ risk, says Mather

Countdown to LATIF North treasury conference in Manchester

News Roundup: PFI investor compensation ‘subject to review’, LGPS funds make acquisition, council tax take

News Roundup: MPs threaten vote against settlement, Haringey council leader resigns, Birmingham PFI contracts, Guildford borrowing

Richard Harbord: 2017, a miracle or just horrible?

Warrington refinances £100m of inter-authority borrowing with long-term PWLB loans

News Roundup: Policies ‘conflict’ over property investment, industrial strategy role, EU structural funds

O’Donnell to step down from Camden

News Roundup: Investment adviser probe, property spending list, prevention precept, LGPS pool’s new chief

News roundup: Warrington’s £200m business park acquisition, Birmingham’s council leader resigns, fire safety funding in the wake of Grenfell

Cambridgeshire County Council’s pension fund invests £15m in building society

West Midlands to establish finance commission

Councils seek new rules on spending Right to Buy receipts

Jonathan Bunt: Give councils real power to build new homes

News round-up: Uncertainty over funds for cladding, Birmingham’s energy company

Local authority funding: more ‘graphs of doom’ ahead?

Officer-member relationships: trust is the key

Kerslake and Clancy head stellar LATIF line up

Birmingham to save £43m ending much criticised ICT joint venture

Capita appoints ex CFO amid sale rumours

John Clancy: Brummie bond launches with more to come

£45m Brummie Bond beats PWLB rate

Richard Harbord: Commercialisation brings its own risks

Birmingham’s senior finance team overhauled following CEO’s departure

Business rates relief secure after NICs u-turn

News round-up: Glasgow’s TIF plan, calls for new watchdog, Cornwall’s settlement ‘disappointment’, business rates events

Birmingham’s financial recovery plan described as ‘high’ risk

Richard Harbord: Would government help a council facing financial failure?

News round-up: Birmingham’s CEO departs, council property sales rocket, settlement slammed, Norther Powerhouse bond

Councils going bankrupt? Don’t be Scilly!

News round-up: Warrington bank warning, EIB hope for UK, audit appointments,

Birmingham commits almost half a million to small business loans

Warrington invests £30m in challenger bank joint venture

2017: Priorities and concerns for the year ahead