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In the news

Funding still not near reflecting demand ‘reality’, says North Northamptonshire

Fair funding changes and data concerns contributed to ‘uncertainty’ amid £13.8m North Northamptonshire overspend: s151 Claire Edwards

Northamptonshire councils to cover £27m children’s trust overspend

Are Reform-led council pension funds scaling back their ESG ambitions?

Splitting the bill: how debt and balance sheets are allocated in local government reorganisations

West Northamptonshire highlights key investments amid £94m debt increase

Border to Coast on track to surpass £100bn AUM as seven ACCESS funds to join pool

Equities: how the US Taco trade caused a headache for LGPS investors

Are LGPS investors turning their backs on equities?

Six ACCESS funds invest in property offering

ACCESS reports 13% uptake in pooling

Spike in short-term government lending to local authorities

Northamptonshire unitary councils agree £40m balance sheet disaggregation solution

ACCESS confirms £250m long-lease property mandate

Government approves capitalisation directions at 19 councils

Tony McArdle and Margaret Lee appointed as Nottingham commissioners

Southampton reports almost £150m budget gap as Improvement Board meets

Councils’ reserves are reducing at an ‘unsustainable’ rate

Leigh Whitehouse interview: councils have ‘got the power to get through’ financial difficulty

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

Michael Hudson interview: ‘my focus is on the customer journey, experience and outcome’

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

East Midlands councils face £181m funding gap

Northants: one year on

Northumberland calls in Max Caller to lead governance review

The s151: a prefect in a post-pandemic world

Next settlement an opportunity to head off s114 dangers

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

MBA develops ESG bond framework

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

Capital health indicators key to Croydon’s crisis

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

Devolution: The structural and economic challenges

Without ‘confidence’ in local government funding s114 notices remain a risk

Northamptonshire set to underspend again despite children’s services pressures

‘Risky’ councils set to struggle to access PWLB alternatives

Joint council law company posts £1.2m losses

Review highlights ongoing financial management issues at Northamptonshire

Lack of benefits prompts shared services rethink

Northants beats the Treasury on PWLB borrowing

Financial resilience index revisions set to scrap traffic light indicator on reserves

Lack of transparency ‘contributed to £11.7m school overspend’

Nottingham introduces spending freeze to head off £9m overspend

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

Inter-authority lending appetite remains buoyant despite low PWLB rates

Redmond Review to probe audit approach on commercialisation

Northants borrows £110m from PWLB to replace short-term debt

Council PWLB borrowing hits record level in August

Choppy waters: How to be an s151 at a troubled authority

Resetting the dial – getting public audit right

Northants faces ‘significant challenge’ to deal with new £35m budget gap

Tough times ahead for Northamptonshire’s new s151

Caller and Whiteman to advise council on improvements

LGA says audit delays prove it was right over 2014 accounts deadline warning

Shared service predicts half million pound overspend

Northants estimates 2019/20 overspend

Commercial activity given greater prominence in draft CIPFA code

Local government under fire on financial transparency

Northamptonshire reveals overspend

Final outturns: revenue reserve levels rise amid budget underspends

Savings ‘could offset Northants reorganisation costs’

Staff shortages at EY prompt audit delays

Troubled Northamptonshire makes ‘unprecedented’ in-year turnaround

Northamptonshire set to lift section 114 notice

SURVEY RESULTS: Officers expect no extra cash from Fair Funding Review

Bonds agency set to drop collective liability requirement

Brokenshire praises commissioners for Northants turnaround

Councils isolating CFOs risk failure, warns new CIPFA code

Public sector pensions face short-term as well as long-term challenges

Northants confident it will balance budget by April

Roberts takes up CIPFA local government role

What does the 2019 Spending Review mean for councils?

Northants overpays care providers by millions

Northants votes through council tax rise

Call for Welsh government statement on council reserves

Anglesey considers raising council tax by 9.5%

Northants scraps early council tax revenue plan

Northants turnaround set to produce balanced budget

Northamptonshire to raise council tax by 5%

Councils lodge LOBO ‘fraud’ claims with High Court

Baseline call: Why the New Homes Bonus is increasingly unfair

Northamptonshire thrown a lifeline – again

NAO urges close watch on commercialisation

More than a third of councils at risk of financial failure over next decade new study finds

Northants makes savings progress

Resilience index shows 10% to 15% of councils at risk of financial instability

Provisional local government settlement statement promises action on commercial property investment

30 names handed to CPS over Northampton Borough Council loan

PWLB money stokes bonfire of the LOBOs

Sale-and-leaseback: the accounting lowdown

Labour council leaders demand more cash

Northants allowed to use capital receipts on day-to-day services

Launch of consultation on Northamptonshire

McDonnell calls for compensation on LOBOs

Civil service chief says 114 notices now less likely

Northants moves to bolster confidence over council loans

Council reserves in shock rise

Northants exits LOBOs as October PWLB borrowing hits £850m

Northamptonshire requests early release of business rate supplements

Northamptonshire appoints new s151

Northants mulls ‘capitalisation direction’ to tackle funding deficit

Battling the cuts: lessons from Northamptonshire

Corbyn blames outsourcing for council woes

FDs’ Summit 2018: Funding crisis poses ‘existential threat’ to public services

Northamptonshire uses ring-fenced cash for general expenditure

Bonfire of the LOBOs sweeps through Birmingham

Outsourced finance team returns to Northamptonshire

Meg Hillier to give keynote at FD’s Summit

A balanced approach to council tax setting

Chris Buss: CIPFA’s resilience index and the potential for unintended consequences

Councils deliver £1bn underspend despite ‘volatility of children’s services’

Dan Bates: How should we measure financial resilience?

Agent 151: FDs should back Cipfa resilience index

Councils anticipate cutting services to ‘legal minimum’

Olwen Dutton: s114 notices give councils cause to review service contracts

Northants attempts to balance books as s151 letter reveals depth of crisis

Northants’ outgoing 151 issues second section 114

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

Somerset chief accountant warns of section 114 risk

Northamptonshire section 151 officer steps down

Brokenshire defends Whitehall ‘grasp’ of local government finance

Dan Bates: Searching last year’s accounts for signs of resilience

Speakers revealed for 10th Local Authority Treasurers Investment Forum and FD’s Summit

Moody’s declares response to Northants crisis demonstrates ‘credit quality’ of local government

Auditors examine legality of Northants budget

Northants financial reporting ‘vague, inconsistent, unclear and lacking details’

Dawes quizzed on local authority spending power

Minister appoints commissioners to oversee Northamptonshire’s finance and governance

Local government finances are “not unsustainable”

Steve Winterflood: Is Northamptonshire the first domino?

Northants makes ‘unprecedented’ use of reserves to balance books

Northamptonshire to create independent improvement board

Graham Liddell: How to make a great shared service

Northants completes HQ sale

Northants appoints new chief executive

Northants to exhaust reserves

Javid orders commissioners in to run Northamptonshire

Northants CC report accused of ‘factual inaccuracies’

Survey reveals another section 114 notice expected within a year

Inspector slams Northamptonshire officers and members for financial failings

Spring statement sees rates revaluation brought forward to 2021

Northamptonshire plans for £10m in cuts a week after ‘unlawful’ budget

Carillion collapse causes £5m loss to LGPS funds

Chris Buss: Is fair funding mission impossible?

Northamptonshire postpones budget after auditors report it could be “unlawful”

Stephen Fitzgerald: Finance teams need resilience and strength in trying times

Whiteman raises question of LOBO litigation and mis-selling

Room151 survey probes sustainability of local government finance

Dan Bates: Settlement reveals fragility of the system and the need to speak up on fair funding

Richard Harbord: Section 114s challenge reluctant members to address budgets

Agent151: Northamptonshire’s section 114 – the Ghost of Christmas Past

Northants first to reach tipping point as council issues section 114 notice

Northamptonshire scraps standalone company over funding concerns

Javid sends inspectors in to Northamptonshire

News Roundup: GMPF’s Kieran Quinn dies following fall, LGPS framework appointments, planning powers, PWLB borrowing

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

Fund manager to focus LGPS resource at pool level

LGPS Pools Roundup: Global equity fund, new chairmen, custody arrangements, provider frameworks

Suffolk earmarks £110m for alternative assets

Councils going bankrupt? Don’t be Scilly!

News round-up: Green light for LPP pool, finance settlement timing slammed, social impact bonds

Northants s151 hits back at Daventry’s call for government intervention

Daventry calls for government to rescue Northants finances