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In the news

Three London councils to challenge ‘fair funding’ under Sustainable Communities Act

Four London boroughs warn their residents will pay more than half of mansion tax

MyCouncil analysis: is a 100% or 200% council tax increase needed at Westminster?  

Westminster prepares for tough choices amid four-year, £100m funding decrease

Immersive installation highlights £300m impact of business rates avoidance

‘More scope’ for green investment schemes as Westminster launch highlights potential

2025 in review part two: July to December

Council tax hikes in six areas given go-ahead as funding falls

Provisional finance settlement: £78bn for English councils in 2026/27 but SEND uncertainty remains

Rethinking infrastructure allocations: liquidity, political challenges and reputational risks

Fair funding emphasis shift would be ‘very concerning’ for county councils

The role of shared services in today’s local government

A way forward for councils in debt crisis

Reed appointed to local government role after Rayner resignation

Hillingdon appoints Steven Muldoon to s151 position

Chris Buss: ‘Yes, Deputy Prime Minister’

Government ‘ducks the issue’ of fundamental funding reform

Accounting code: decluttered but still complex?

Inner London ‘biggest loser’ in funding reforms as deprived areas may fare less well than expected: IFS

‘Genuine solution’ to growing SEND deficits still urgently required

Government acts to block councils from ‘selling off the family silver’ ahead of LGR

The Devolution Bill: has it delivered the decentralisation needed?

Council tax reform and fiscal devolution must be prioritised, parliamentary committee finds

Richard Harbord on a devolution bill that’s ‘not easily digested’

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

Are LGPS investors turning their backs on equities?

London CIV fund pulls £60m out of passive equity, ramps up credit allocation

Pension Bills’ backstop power hands government ‘unchecked control’

Islington seeking new permanent s151

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

Westminster borrows £235m over 42 years to acquire temporary accommodation – an ‘innovative’ solution or should government do more?

Social housing waiting lists ‘exceed 100 years’

Merton expects temporary accommodation cost savings after using £10m treasury allocation to invest in Resonance fund

LGPS funds mull cuts to employer contributions as Trump slump poses new challenges

‘Long-term fixes’ coming for ‘national disgrace’ homelessness crisis

Westminster aims to better manage financial risk by insourcing housing service

Fixing a funding formula local government minister agrees ‘doesn’t work’: SIGOMA chair on needed reforms

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

No more hand to mouth: what does a progressive funding system look like for local government?

Westminster must deliver further savings to close £41m budget gap to 2027/28

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

Westminster reprofiles £60m of capital budget

Local-to-local market remains strong despite concerns over credit standing, MHCLG figures show

LGPS on the brink of ‘bold’ reforms but no superfund on the cards, minister hints

SYPA appoints Jonathan Hunt as investment advisor

Ensuring successful technology implementation

LGPS pools back push to ease UK government borrowing rules

Finance Directors’ Summit 2024 in review: taking the next steps in a challenging environment

Waverley considers voluntary council tax scheme to fund discretionary services

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

Is reaching net zero ‘doomed’ for local authorities?

Jim McMahon to speak at Room151’s LATIF/FDs’ Summit

‘Take the plunge’ on devolution, Rayner urges council leaders

Westminster assigned Aa3 credit rating as Moody’s recognises ‘considerable financial strength’

Institutional investors can solve the UK’s key worker renting crisis

Investing in agriculture – farmland opportunities in the UK and abroad

Local government finance community to gather at LATIF and Finance Directors’ Summit this September

Multi-year settlements pledged by Lib Dems in promise to tackle local government funding crisis

Municipal Missions Manifesto: recommendations for a devolution plan that works

Winchester looks to community municipal investments to fund net zero strategy

Anatomy of a deal: how Westminster City Council capitalised on the opportunity to borrow prudently

Councils awarded £1bn through levelling up fund

IN PICTURES: highlights from the 2023 Investment Forum

Green Finance Institute launches Local Climate Bonds Toolkit

The days of shared services are ‘numbered’ amid councils’ financial troubles

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

DLUHC to implement its new proposals to clear audit backlog by year-end

LUHC audit inquiry: s151 officers say ‘compromises’ needed to clear audit backlog as array of failings are highlighted

Council tax at 30: A near 80% average increase since 1993

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

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

Shared service trimmed as no longer delivering some ‘cost savings’

Green Finance Strategy ‘falls short’ of detail needed to accelerate net zero

Westminster earmarks further £85m for temporary accommodation

Local government settlement ‘better than sector feared’

£1bn devolution deals agreed for Suffolk and Norfolk

Soaring inflation causes decline in value of LGPS funds

DLUHC: the right team at the right time?

MOTB speakers call for discounted net-zero borrowing rate

DLUHC: the departmental in-tray

Has local government governance come full circle?

DLUHC proposes devolution deal in York and North Yorkshire

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

Room151 Roundtable: LGPS Valuations and Risk 2022

Spending review set to push up council tax

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

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

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

Medium term financial plans demand a ‘refresh’, despite uncertainty

£10bn needed for local government to manage Covid-19 crisis

Westminster pension fund set to reduce equity allocation

Scotland warns budget delay jeopardises council services

Commercial income could be excluded from council funding calculations

Nottingham introduces spending freeze to head off £9m overspend

78,000 businesses referred to bailiffs over business rate defaults

Javid brings forward Spending Review

Plaid vows to end Westminster funding deals

London councils see budgets slashed

Sunak defends removal of deprivation as core funding factor

Clarify post-Brexit funding, say Scottish Lib Dems

Councils ‘need urgent clarity’ on EU structural funds replacement

Holland appointed president of London treasurers society

A local income tax could empower councils – but there’s no free lunch?

Bonds agency set to drop collective liability requirement

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

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

Former council chief investment officer jailed

At the crossroads: what is public audit for?

CIPFA issues guidance on streamlining accounts

Two London authorities put further £30m in homelessness fund

Former interim-CIO found guilty of £1m LGPS fraud

English councils ‘hit twice as badly’ by austerity than Scotland and Wales

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

Raising council tax: Where there’s goodwill there’s a way

Malthouse appointed as housing minister

Islington hints at extra voluntary council tax contributions

Richard Harbord: A resounding status quo for policy after local elections

Scotland investigates potential for LGPS infrastructure pool

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

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

Survey reveals “pernicious” lack of trust in London CIV among stakeholders

Jonathan Bunt: Necessity will create the solution for housing in 2018

MiFID II: Are you ready?

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

Peter Worth: Streamlining year-end financial reporting 

Billions needed to match EU funding for local communities after Brexit

Energy: the next great opportunity for local government

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

News round-up: Brexit role for councils, LGPS monitoring contract, road repairs and council tax rises

Treasury department faces uncertain future as tri-borough deal crumbles

Business rates relief secure after NICs u-turn

Chris Buss: 100% business rates retention is a Meccano set without a spanner

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