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In the news

Reform landslide changes balance of power for UK’s largest LGPS funds

National Wealth Fund invests £500m in Greater Manchester Good Growth Fund

Ambition, alignment and alliances: how Manchester City Council is delivering on its housing strategy

Prevention undermined by ‘disconnect’ with health: Tom Wilkinson

2025 in review part two: July to December

2025 in review part one: January to June

Integrated settlements: ‘we’ve not reached the destination yet’

GMPF commits £150m to BlackRock’s primary healthcare portfolio

GMPF commits £300m to local investment fund

What do local authority finance officers want for Christmas?

LGPS assets rise above £400bn amid strong investment returns

New regional offer ‘will transform’ National Wealth Fund support for local authorities

‘We don’t have plans to force further pool consolidation,’ pensions minister promises

Manchester takes stake in science campus

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

Local capacity and skills shortages threaten delivery of investable projects

Is the PWLB structure limiting councils’ role in the growth agenda?

Growth can’t happen without devolution

Richard Tice’s LGPS attack misses the real cause of the council funding crisis

Place-based investment still ‘a small fraction’ of LGPS assets

GMPF enters £120m real estate joint venture

Pension funds back £3bn upgrade of North West water supply

LGPS investors approach high gilt yields with caution

LGPS partnership acquires majority stake in 250MW solar portfolio

How can local authorities work with other institutions to drive growth?

Development company created for brownfield railway regeneration

10 councils join government’s ‘test, learn and grow’ programme

Manchester sells ‘eyesore’ site for ‘ambitious’ redevelopment

Steve Wilson: ‘if government wants devolution to stick, give us the power to invest for growth”

Swansea Pension Fund joins forces with council backing £51m local impact fund

GMPF joins forces with local council to back affordable housing

Mayors call for visitor levy powers

Manchester unable to deliver 45% of 2024/25 savings

Geoff Wild: the realities of leading a council without a majority

Backing Britain’s backbone: the investment opportunity for UK asset owners in SME lending

LGPS-backed regeneration project lands £50m from Homes England

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

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

Great North partnership launched to drive £118bn of investment

Children’s care spending at ‘all-time high’ as early intervention outlay plummets

Northern VC investor confirms LGPS backing

London boroughs seek powers and funding model akin to Manchester’s

NESPF to assert greater ESG influence by adopting pass-through voting

Capital receipts flexibility extended to 2030

‘Naughty lists’ in council lending market risk breaking the system

LGPS pooling reforms could risk side-lining regional investment, warns British Business Bank

Council finance crisis: is it time to review the annual requirement to balance budgets?

Manchester’s debt rises to £1.5bn 

UK growth: why climate tech is the smart choice for LGPS investment in venture

‘Unprecedented’ overspend depletes Manchester reserves

GMPF invests a further £100m in affordable housing

Carol Culley takes on executive director and s151 role at Birmingham

Northern LGPS backs Heim’s £375m residential housing fund

LGPS investors push Shell for greater transparency on LNG strategy

Provisional finance settlement: ‘big winners and big losers’

Northern LGPS weighs its next steps

Devolution White Paper sets out vision for integrated settlements and strategic authorities

LATIF North 2025: topical discussions and lively debates expected in Manchester in March

Housing151 conference returns to London in March with much to discuss for local authorities

‘Devolution won’t fix local government’s financial crisis but there could be unintended consequences’

Local authority audit crisis forces NAO to disclaim UK government accounts

Reshaping local power: the government’s vision for devolution

Children’s social care: are the new reforms tackling the right issue?

Homes England appoints interim chief executive

GMPF under pressure to divest from fossil fuels

GMPF under pressure to divest from fossil fuels

Budget: ‘significant’ funding increase includes £600m for social care and £230m for homelessness

Call for stability: Tom Wilkinson urges government to ditch ‘rabbit out of the hat’ approach

LATIF 2024 in review: assessing investment opportunities, challenges and strategies

Municipal Missions Manifesto: A new dawn for local government has broken, has it not? – Alison Ring

Government’s housing plans: ‘still significant need for public sector subsidy’

MOTB: government must stop constraining debt if they want growth

Local government has shown it can be trusted to deliver, say MOTB panellists

Manchester City Council to refinance £400m of borrowing over coming years

Unlocking the power of devolution not straightforward but could make ‘big difference’

John Glenton: an invest-to-save mindset is needed to solve the homelessness crisis

LATIF North in review: charting a future course

Housing151 in review: addressing the UK’s housing crisis

Local authority treasurers and s151s to meet in March for LATIF North in York

Housing151 conference draws near seeking solutions to timely topics

Local authorities given government funding to provide homes for rough sleepers

Cities should keep slice of income tax as part of ‘serious new plans for devolution’

GMPF to invest £150m in Bruntwood SciTech

Local authorities ‘empowered’ under Sunak’s Network North plans

Labour council leaders call for pooling of public service budgets

LATIF and Finance Directors’ Summit in review: finding solutions to a sea of challenges

‘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

Manchester faces budget gap of more than £70m over medium term

Unite strikes at 23 local authorities amid ‘dramatically increasing tensions’

Less than a month to go to LATIF/FDs’ Summit

Government ‘stands behind councils’ as it defends levelling up funding approach

Lee Rowley to speak at Room151’s LATIF/FDs’ Summit

LATIF/FDs’ Summit to welcome over 250 delegates and stellar line-up of speakers

Natural capital, housing and levelling up on the agenda at Private Markets Forum

Manchester reports manageable £4.5m overspend against 2022/23 budget

Merton to use £186m capital injection from subsidiary sale to invest in long-term projects and pay off loans

Woking placed under government intervention following review; commissioners appointed

UK Infrastructure Bank to work with Bradford Council

LUHC audit inquiry: evidence highlights scale of reform needed in local authority accounts

UKIB partners with Glasgow City Council to accelerate net zero

Abdul Bashir: how to stay well-funded amid volatility

LATIF North reflections: ‘wider economic picture is the biggest risk facing s151s’

Devolution deal signed in Greater Manchester

Hunt to announce 12 new investment zones

More than 100 expected at LATIF North 2023

Peter Wallach: Edinburgh Reforms could ‘harness’ investment in illiquid assets

UKIB to partner with local government on tackling climate change

Carol Culley: the net-zero 151

Redmond confirmed as keynote speaker for LATIF/FDs’ Summit

Liverpool faces further government intervention as commissioners find ‘whole-council failure’

LATIF/FDs’ Summit ‘on course to be biggest yet’

GMCA to unlock funds for home energy-efficiency upgrades

GLIL and Octopus invest £400m in world’s largest offshore wind farm

Hillier confirmed as keynote speaker for LATIF/FDs’ Summit

Councils’ funding at risk due to ‘undercounting’ in census data

Government welcomes devolution bid by four Midlands councils

Four local transport projects receive £160m government funding

Finding private sector solutions to the housing crisis

Ten innovative housing projects identified

Ten of the most innovative council-run housing projects

Spending review prompts more calls for long-term funding answers

Skills in short supply for local government audit

Impact Awards: The winners are revealed

How LGPS can help drive economic growth in local places

Impact Awards launch to celebrate finance teams

MBA develops ESG bond framework

‘Chasing yield’ not the best strategy as negative rates loom

Speakers revealed for 12th annual LATIF and FDs’ Summit

CIPFA defends ‘huge prize’ in PWLB borrowing debate

London borough to use housing company to boost constrained HRA output

County warns of ‘predatory’ loan offers following PWLB rate rise

Scottish minister slams Treasury over ‘grin and bear it’ PWLB rate response

Building Beautiful Commission seeks funding tweaks and tax breaks

NAO to probe value of forcing councils to bid for grant streams

Watchdogs raise worries over value for money on Scottish councils’ private finance deals

Councillors voice worries about oversight of council-owned energy company

Oxfordshire growth arc set for £100m workplace parking levy

Scottish councils fail to explain budget variations

Look to the future now it’s only just begun.

Borough eyes community bond to fund green infrastructure

Local government sets out wish list as Conservatives win big

CIPFA hopes updated resilience index will strengthen s151s

Top government official confirmed for northern treasury summit

Authorities turn away from PWLB in favour of borrowing from peers

Review highlights ongoing financial management issues at Northamptonshire

Lack of benefits prompts shared services rethink

LGPS governance review sets out s151 training steps

Summit told regeneration skills investment is ‘core’ to councils’ functions

PWLB borrowing plummets in wake of rate increase

PWLB rate rise condemned as “ideological”

Manchester reveals £18.9m cost of PWLB rate rise

Survey: Brexit preparations sucking resources from council services

Councils to seek PWLB alternatives to maintain capital programmes

ALMO funding issues prompt move to insource housing services

Kenrick orders freeze on multi-million pound scrapping of local plan

PWLB rate hike sends shockwaves through council finance sector

Devolution white paper announcement accompanied by hint on unitary push

GMCA to examine £135m costs of mooted bus franchise switch

78,000 businesses referred to bailiffs over business rate defaults

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

Dealing with uncertainty: How finance directors can manage the one-year settlement

Extra £9m for councils to prepare for Brexit

Manchester bolsters regeneration with £25m for joint venture

Portsmouth eyes borrowing boost to buy office development

Barclays’ court submission denies councils’ LOBO fraud claim

CIPFA stars shine at awards

Manchester councils investment takes off

Councils isolating CFOs risk failure, warns new CIPFA code

Manchester taps reserves for £12.8m

Aberdeen set to explore infrastructure investment with pension fund

How Manchester City Council used its procurement spending to build local wealth

Trafford predicts £278m debt increase

Lambeth borrows £40m for care home abuse compensation scheme

Councils lodge LOBO ‘fraud’ claims with High Court

Great Places and Manchester City owner announce new home collaboration

O’Donnell new chief executive of London CIV

Over 3,000 new homes for West Lothian

LGPS pooling paves way for housing investments

CIPFA moots steps to quell commercial property ‘craze’

Greater Manchester racing to close EIB loan before Brexit

Barnet on the verge of returning services in-house

Can pension fund investments be ‘localised’?

Rob Whiteman: Rise of dealmaker CEOs puts governance skills ‘at risk’

Minister calls on LGPS pools to channel more investment into housing

Portsmouth looks beyond borders with Manchester property investment

LGPS Pools Roundup: Access appoints Link, CIO for Border to Coast, Central launches funds, new chair for Northern Pool

Councils face ‘double standard’ in guidance on property investment

Salford agrees airports loan

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: Northern Trust for Border to Coast, Newton ‘on watch’, Brexit impact on port councils,

Leeds recovers £450,000 from Carillion bond

News Roundup: MPs target housing borrowing cap, living wage challenge, Lambeth lends £300m, GMPF homes

London CIV mulls global launch amid rising concerns on UK infrastructure

Paddy Dowdall: The building blocks of pension fund investment in housing

News Roundup: Northamptonshire’s ‘failure to secure value for money’, Brent appoints LPP, climate change guidance

News Roundup: Rate rise ‘could produce greater yields’, Grover leaves London CIV, PWLB lending slows

LATIF travels north to Manchester with new treasury conference

Sponsored LGPS Roundtable: Income, inflation & farmland investment

News Roundup: HRA cap flexibility, social impact bond, mansion tax, pooling framework

Treasury managers warned commercialisation raises issues for governance

Consultation considers future of New Homes Bonus in national parks and development corporations

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

News roundup: Business rates and the CPI, Sajid Javid and Grenfell safety, LGPS and boycotts, Manchester sues developer

Responsible Investment and climate change: Funds reveal their policies

LGPS Q&A: Fiona Miller talks about progress on Border to Coast and an LGPS infrastructure fund

DCLG permanent secretary Melanie Dawes leads speakers at FD’s Summit

LGA changes tack on business rates retention

LGPS: A quarter that includes triennial valuations and the growing importance of alternative assets

Q&A with Kieran Quinn: Housing, infrastructure and tough times ahead

Government calls for LGPS investment in new homes

Mixed reception for £556m Northern Powerhouse deals

Warrington invests £30m in challenger bank joint venture