Croydon

05/26 Conrad Hall’s position at Croydon made permanent

03/26 ‘Risks remain’ at Croydon, warn commissioners

02/26 More councils see exceptional financial support requests granted for 2026/27

12/25 Conrad Hall joins Croydon on secondment

11/25 Ian O’Donnell: Bad company

08/25 Chris Buss: ‘Yes, Deputy Prime Minister’

08/25 Jane West to leave Croydon s151 role

08/25 Local authority debt in the spotlight as £2.9bn of assets sold in two years

07/25 London CIV fund to pool property assets ahead of March deadline

07/25 Croydon commissioners confirmed; Thurrock intervention extended

07/25 Phone a friend: why treasury advisors are a lifeline, not a luxury

06/25 5% council tax increases ‘baked in’ to three-year settlement, confirms Treasury

06/25 Croydon calls for debt write-off following Woking and Thurrock decisions

06/25 Anisa Darr questions EFS viability and whether government is ‘shuffling deckchairs’ while councils go under

06/25 Commissioners to be sent to Croydon to ‘shift the dial’

04/25 Housing company closure will ‘make it harder’ for boroughs to source homes

03/25 Croydon tackles budget overspend and £60m annual cost to service debt

03/25 Spending Review 2025: the ‘cavalry’ will not be coming for local government

03/25 Audit crisis: over 60 councils miss deadline as backlog persists

02/25 Council funding crisis deepens as 30 authorities granted EFS

02/25 Croydon requests £136m in EFS

01/25 Croydon to acquire 73 homes to tackle TA crisis

12/24 Croydon progress welcomed by local government minister

10/24 Croydon Council faces ongoing reliance on EFS amid £1.4bn debt

08/24 Government actuaries confirm strong outlook for the LGPS

07/24 Borrowing trends: is the local government debt trajectory sustainable?

02/24 Government approves capitalisation directions at 19 councils

02/24 Tony McArdle and Margaret Lee appointed as Nottingham commissioners

02/24 Are council housing companies the answer to the housing crisis?

02/24 Croydon to lose £68m from Brick by Brick subsidiary

01/24 Croydon at ‘critical point’ in bid to achieve ‘state of normality’ by July 2025

01/24 Somerset seeks to increase council tax to 10% to bridge £100m overspend

12/23 2023 in review: the best stories in local government finance

12/23 Croydon disposes of over £72m of assets to combat debt

11/23 Should LGPS funds lower contribution rates to relieve council funding pressure?

11/23 Havering ‘likely’ to request capitalisation direction from government

10/23 Extraordinary government support needed to ease Bradford Council’s ‘financial emergency’

10/23 Councils’ reserves are reducing at an ‘unsustainable’ rate

09/23 Chris Buss: is the wolf really at the door now?

09/23 Birmingham City Council issues section 114 notice

07/23 Arlingclose implicates “too late and too weak” regulators in slew of section 114 notices

07/23 Gove imposes intervention package on Croydon giving Improvement and Assurance Panel powers of instruction

07/23 OBR: £96bn local authority borrowing presents ‘risk’ to public finances

07/23 Conrad Hall: who broke my local council?

07/23 From the LGA conference room: Michael Gove shapes Oflog’s purpose

06/23 Debt refinancing a major concern for Croydon Council as interest rates rise

06/23 PAC: audit delays impeding accountability for £100bn of council spending

06/23 LUHC audit inquiry: how to solve the auditing crisis

05/23 Croydon to dispose of over £50m of assets to help deal with debt burden

04/23 Current funding systems ‘aren’t fit for purpose’ says Oadby and Wigston as it welcomes government intervention

04/23 Croydon’s accounts: historical arrangements have caused ‘weaknesses’

03/23 Fiona Fletcher-Smith: how to solve the housing crisis

03/23 Govt ‘minded’ to give Thurrock, Slough and Croydon cash injection of nearly £900m

03/23 Croydon showed lack of ‘sufficient scrutiny’ over Brick By Brick subsidiary

02/23 Council failure and the ‘West Didsbury Question’

02/23 RBKC to freeze council tax and offer residents rebate

02/23 Croydon asks government to write off £540m of debt

02/23 Districts ‘disappointed’ at final finance settlement

12/22 Soaring inflation causes decline in value of LGPS funds

11/22 Members ‘should not be on boards of council companies’

11/22 Croydon issues third section 114 notice in two years

10/22 Levelling up secretary warns of ‘consequences’ for councils that mismanage finances

06/22 Chris Buss to join Liverpool City Council as acting s151

03/22 MRP could inflict ‘massive harm’, LATIF North delegates told

02/22 The s151: a prefect in a post-pandemic world

11/21 Room151’s 10th Anniversary: A decade has seen systemic change to funding while core values are more important than ever

08/21 Mandatory Prudential Code ‘no substitute’ for effective balance sheet management

06/21 Don’t let council-owned companies spin out of control

06/21 Next settlement an opportunity to head off s114 dangers

02/21 ‘Better governance and greater transparency’ could help improve financial decision making

02/21 Dan Bates: Capitalisation directions are not the only tool for rebuilding finances

01/21 FDs’ Summit experts defend councils as MPs label property investment ‘risky’

01/21 Extra finance promised by the government receives a broad welcome

01/21 Richard Harbord: Delayed “capital determinations” make section 25 opinions a new crunch point

12/20 Financial sustainability: A corporate way of being even in a crisis

11/20 Capital health indicators key to Croydon’s crisis

11/20 Richard Harbord: Croydon’s 114 notice hold lessons for all councils

10/19 Rise in council spending on land and buildings slows

09/19 Croydon slams Home Office over asylum housing

08/19 Sector cool on proposed four-year LGPS valuation cycle

07/19 Leveraging council land value: the joint venture approach

07/19 Councils share £28m towards migration costs

07/19 HRA lift isn’t magic fix for housebuilding, say councils

06/19 Council services hit by failure of funding regime for child asylum-seekers

06/19 Croydon looks for big returns on bricks and mortar

05/19 Croydon regen costs escalate

05/19 Newham votes to join counter fraud hub

04/19 Mutual launches to compete in insurance market

04/19 Croydon in affordable homes ‘income strip’ deal

04/19 Brexit fears push rates lower, sparking £2bn PWLB borrowing spree

03/19 CIPFA cautions on currency hedging

03/19 ?Croydon weighs up currency risk in uncertain world

02/19 Croydon’s Brick by Brick to borrow more council money

02/19 Haringey reveals £1bn housing investment plans following HRA cap removal

12/18 PWLB money stokes bonfire of the LOBOs

11/18 LCIV’s new global bond fund

11/18 Croydon to transfer homes into pension fund in 40 years

11/18 Croydon buys £53m retail and leisure park

10/18 Croydon urges action on asylum-seeker funding

09/18 PWLB borrowing soars with Spelthorne leading the pack

03/18 London CIV’s plan for restructured investment options meets resistance

02/18 Local asset backed vehicles: controversial but “one of the few options” to tackle the housing crisis

02/18 News Roundup: MP presses councils on reserves, Carillion contract woes, Land sale rules

02/18 Leeds recovers £450,000 from Carillion bond

01/18 Four councils set to receive funding for post-Grenfell safety works

01/18 Councils confront ‘unprecedented’ funding shortfall on fire safety

08/17 Brexit bites as EIB lending to locals slows

04/17 Q&A: John Williams of Resonance on their social impact property fund

03/17 Croydon seeks institutional cash for housing development

03/17 Peter Worth: Alternative investments, internal audit and managing the risk