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In the news

Spelthorne to shed further assets ahead of LGR

West Surrey seeks name change as financial resilience steps continue

Spelthorne to dispose of major asset ahead of LGR

How LGR will impact West Surrey councils in 2026/27: MyCouncil analysis

Single commissioner team to work at Woking and Spelthorne amid best value updates

Spelthorne prioritises shift in financial culture

‘Strong financial protection’ in Spelthorne lease agreements with BP means ‘no immediate impact’ on budgets

BP decision to vacate £385m council-owned site ‘unexpected’, says Spelthorne

‘Significant challenges’ remain for Spelthorne despite debt restructuring

2025 in review part one: January to June

Spelthorne s151 steps up as interim chief executive

Spelthorne seeks asset rationalisation as investment property values fall

Woking and Spelthorne to be exempt from Section 24 directions as part of LGR

Two-unitary Surrey LGR proposal chosen as government repays £500m of Woking’s debt

The debt debate: why council borrowing headlines miss the point

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

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

Cheshire East confident EFS will be short-term bridge to longer-term financial sustainability

Warrington’s ‘high risk’ portfolio under fire as minister outlines anti-investment arm stance

Warrington and Spelthorne interventions; Best Value Notices at Cheshire East and Newham

Commissioners to step in at Spelthorne – despite property portfolio generating £49m this year and reorganisation looming

Best Value Inspection reports at Spelthorne and Warrington delayed again

Best Value Inspection reports at Spelthorne and Warrington delayed to 29 November

Spelthorne: ‘our investments will generate £500m towards services over 50 years’

Borrowing trends: is the local government debt trajectory sustainable?

Debt concerns prompt DLUHC to commence Best Value Inspection at Spelthorne

Surrey Heath faces ‘effective bankruptcy’ due to costly investments

Spelthorne considers shelving housing investments

Oflog data reveals the scale of Surrey’s debt-ridden councils

Back to the future for the PWLB

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

Helen Randall: Spelthorne report places spotlight on ‘controls’

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

Room151’s top stories from a momentous year

Spelthorne: Setting the record straight on commercial investments

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

Prime minister Johnson “impressed” with Spelthorne initiatives

Room 151’s top news stories of 2019

PWLB rate hike sends shockwaves through council finance sector

Rise in council spending on land and buildings slows

MHCLG: Further action on borrowing for property investment to be ‘proportional’

Redmond Review to probe audit approach on commercialisation

Merseyside invests £30m in first LGPS deal with Funding Circle

Spelthorne’s net property revenue set to overtake council tax income

Warrington outlines robust defence of out-of-borough investments

Commercial property and GLA grants push council capital expenditure 8% higher

Spelthorne halts commercial property investment

Spelthorne rejects claims of auditor concerns about its investments

Spelthorne to enter central London commercial property market

CIPFA to tighten prudential code as council commercial property investment accelerates

PWLB borrowing soars with Spelthorne leading the pack

Dan Bates: How should we measure financial resilience?

Spelthorne nears £1bn in borrowing for property acquisitions

Spelthorne and North Somerset reveal appetite for commercial property remains strong

PWLB borrowing continues upward trend

Repayment penalties for PWLB loans should be scrapped, demands analyst

Councils spend £3.8bn on commercial property

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

Spelthorne’s PWLB borrowing tops half a billion

News Roundup: Spelthorne’s new £170m investment, property vehicle for LPP, Rochdale clashes with M&S, Everton stadium funding

Chancellor’s crackdown on property acquisition expected to hit councils investing beyond their borders

Spelthorne returns to PWLB for £48m acquisition

September PWLB borrowing reaches almost half a billion

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

CIPFA president Andrew Burns on LATIF 2017 and the drivers of commercial investment

Councils should argue the case for commercial property investment

Expert predicts central government could intervene to stop commercial property investment

Local government doubles spending on property and land

Stephen Sheen: Expanding your property portfolio? Prepare for the auditors

Kerslake and Clancy head stellar LATIF line up

Editor’s Blog: Commercial property investment now a bad publicity risk

Criticism mounts of council ‘carry trade’

Richard Harbord: Commercialisation brings its own risks

Commercialisation drives review of Prudential Code