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In the news

Government begins repayment of Woking’s £2bn debt  

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

Stephen Fitzgerald interview: Woking’s s151 on financial stability, debt, LGR and ‘remembering the end user’

Ministers ‘will not arbitrate’ on Surrey disaggregation

Dan Bates: the opening day financial positions of new unitaries

‘Significant progress’ at Woking as finance pressures ease

S151s should ‘be subject to proper scrutiny’ during LGR, claims MP

EFS ‘important step’ in Woking’s contribution to new West Surrey unitary

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

‘Significant challenges’ remain for Spelthorne despite debt restructuring

2025 in review part two: July to December

2025 in review part one: January to June

Focus on commercial programme needed as Woking commissioners’ report published

Ian O’Donnell: Bad company

Woking finance commissioner reappointed

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

LGR decision in Surrey delayed to late October

The debt debate: why council borrowing headlines miss the point

LGPS funds face legal challenge over links to Israeli human rights abuses

LGR savings picture clouded by government’s lack of own analysis

Jane West to leave Croydon s151 role

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

Surrey under pressure to divest from companies funding war in Gaza

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

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

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

Thurrock’s £1.1bn debt and structural deficit prompts intervention extension

Government reaffirms support for Woking’s irrecoverable debt

Reorganisation a ‘shadow hanging over’ Woking until unitary created

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

LGR ‘financially beneficial’ but won’t plug Surrey’s projected budget gap

System repair needed not ‘meaning of life’ debate, says Jim McMahon

Woking and Thurrock to receive debt bailouts from government

Commissioner appointed to help heal Woking finances

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

Woking and Thurrock show progress, but financial risks remain, say commissioners

The blame game: why are s151 officers always in the firing line?

Council funding crisis deepens as 30 authorities granted EFS

FRC launches investigation as Woking seeks £171m of EFS

Reorganising to survive: can devolution solve local government’s financial crisis?

Carol Culley takes on executive director and s151 role at Birmingham

Chris Buss: we’ve started, so we’ll finish – or will they?

Value of Woking’s realisable assets less than half its £2.1bn debt

Woking considers restructuring loan to local school

‘Potentially unlawful’ activity uncovered at Woking in Grant Thornton report

‘Reputational risks’ impact inter-authority lending amid debt scrutiny

Local authorities handle 38% increase in health-related benefit claims in four years

Borrowing trends: is the local government debt trajectory sustainable?

Political parties’ ‘silence’ on local government finance likely to push more councils to the brink

Housing151: government must take a ‘more sensible’ attitude towards debt

Government approves capitalisation directions at 19 councils

95% of authorities to implement maximum council tax

‘We have a long-term solution to local authority finance woes government can quickly adopt’: Christian Wall and June Matte interview

2023 in review: the best stories in local government finance

Provisional local government settlement offers 6.5% funding increase but “fails to ease” long-term crisis

Sir Tony Redmond goes into Woking as lead commissioner

Liverpool to regain some powers but intervention is ‘likely’ to continue

Government ‘minded to’ send commissioners into Nottingham

Max Caller: an s114 is a sign of failure on behalf of the officers, the members or both

Woking receives approval to borrow extra £78m from PWLB

‘Most difficult decisions yet to come’ say Woking commissioners in first report

Woking requests £58m of government funding to complete regeneration project

Dan Bates: councils are more than the sum of their debt

Reputational damage driving fall in local-to-local loans market

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

Councils face funding shortfall exceeding £3.5bn

Making sense of the local council financial crisis across England

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

Surrey Heath faces ‘effective bankruptcy’ due to costly investments

Richard Harbord: no easy path to sustainable local government

‘Stark’ service cuts at Woking as ‘things will get worse before they get better’

Chris Buss: is the wolf really at the door now?

Birmingham City Council issues section 114 notice

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

Woking appoints Eugene Walker as interim s151; adopts ‘vital’ improvement and recovery plan

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

Woking drafts improvement and recovery plan to become ‘smaller, leaner and focused on core services’

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

The recent spate of s114 warnings is ‘deeply troubling’ for local government

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

Conrad Hall: who broke my local council?

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

More councils heading for section 114 notices, fears Woking’s interim director of finance

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

Oflog established to increase the ‘transparency’ of councils and identify those in trouble

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

Woking must ask government for significant financial support and make immediate “difficult decisions”, says chief executive

Published 22/23 draft accounts show ‘worrying’ decrease in councils’ reserves

Nathan Elvery: is your borrowing on solid grounds?

Adele Taylor interview: ‘I’m a fixer who relishes a challenge and wants to inspire others’

Councils refrain from PWLB borrowing due to economic instability

Woking: where did it all go wrong?

Woking Council issues s114 notice as it faces ‘unbridgeable’ deficit of £1.2bn

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

Woking Council to pause rollout of regeneration project due to high debt

Woking placed under government intervention following review; commissioners appointed

Woking faces £490m write-down of assets

Woking’s leader warns of financial challenges ahead following local elections

Woking Borough Council in ‘territory’ of s114

Minister raises concerns over Woking’s £2.4bn debt

Inter-authority lending appetite remains buoyant despite low PWLB rates

Four authorities share £624m housing infrastructure boost

Councils get £142m for housing infrastructure

Surrey calls a halt to investing outside its borders

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

Low PWLB rates prompt councils to go longer on debt

Woking rejects plans by its own development company

Repayment penalties for PWLB loans should be scrapped, demands analyst

News Roundup: Policies ‘conflict’ over property investment, industrial strategy role, EU structural funds

Woking buys office complex

News roundup: PWLB borrowing on the rise, Basildon slams Javid, LGA attempts to kick start devolution