News-in-Brief

The government has announced a £301m investment aimed at reviving struggling high streets, as part of its ‘Pride in Place’ strategy. A further £18m will

Financial pressures on councils’ Housing Revenue Accounts (HRA) will impact the amount many can invest in building new homes, a survey has found. Some

Brent Pension Fund has reduced its global equities and multi-asset fund allocations due to the healthier funding levels, reinvesting in a protection portfolio consisting

The District Councils’ Network (DCN) has relaunched as the Local Councils Network (LCN). Widespread local government reorganisation (LGR) has prompted the move, with district

The government has proposed the creation of local scrutiny committees to hold regional mayors “to a higher standard of scrutiny on how public money

South Hams District Council’s underlying need to borrow for its 2026/27 capital programme has been projected to be £23.6m, a treasury management strategy report

Eastleigh Borough Council is proposing to dissolve a housing company which is “no longer needed”. Aspect Building Communities Ltd was created by the council

HM Treasury will work with mayors and businesses to develop a ‘roadmap’ for future fiscal devolution, to be published in the Autumn Budget, chancellor

The National Wealth Fund is to invest at least £500m in the Greater Manchester Good Growth Fund. The investment will form a key element

Fenland District Council has reported that it is struggling to find investment opportunities despite setting aside £25m for its commercial investment strategy.  A report

North Yorkshire Council hopes to make savings of up to £400,000 per year by purchasing out-of-town office space and regenerating its existing town hall

Local authorities in England and Wales face a record £18.62bn backlog of carriageway repairs, according to an annual survey of councils. The Annual Local

The government has been urged to spell out the distributional consequences of its forthcoming business rates reset. Shadow local government minister David Simmonds said

Cardiff Council has offered an update on its more than £1bn housing development programme, with 2,051 homes of all tenures delivered as of January

Hackney Council has warned that should it continue to spend as it is currently, its reserves could be exhausted within 2-3 years. A report

The Midlands-based pool is investing in UK water infrastructure through a new partnership with EQT. LGPS Central is set to back a key regional

Lambeth Council is aiming to build 10,000 new homes over the next decade, with a focus on affordable housing, a New Homes Programme Update

A London Collective Investment Vehicle (LCIV) partner fund has reported positive returns from its emerging markets allocation. The £1bn Redbridge Pension Fund’s emerging markets

One of the bodies responsible for commissioning health and social care services across Scotland has been found to be in breach of its legal

Hounslow Council has launched a 15-year regeneration programme that aims to deliver up to 14,000 homes, 25,000 jobs and £7.5bn of investment. The council

Wrexham County Borough Council’s likely need to borrow to fund capital expenditure is £261m, peaking in 2028/29, according to liability benchmark data provided in

Oxfordshire County Council has outperformed its investment income target by £7.2m, according to a recent treasury management performance report for Q3 2025/26. The council

Wakefield Council has achieved £20m in savings of a £29m target, according to a period 10 financial health report for 2025/26. The £20.2m of

Auditors have reported issuing 183 unmodified, 188 disclaimed, and 43 qualified opinions at the 27 February 2026 backstop date for the 2024/25 audits of

Aberdeenshire Council has been urged by auditors to up its pace on transformation in light of “significant risks” ahead. The council identified a budget