News-in-Brief

Somerset Council has identified £0.8m in earmarked reserves which are no longer required for their original purpose and can be released. A proposal to

Lincolnshire County Council has issued a formal request for information on the process leading to the government’s decision on local government reorganisation before deciding

Cambridge City Council will be able to make a “significant dent” in its waiting list for council homes after becoming one of only three

The Scottish government's planned mansion tax is likely to lead to “inconsistency, unfairness and confusion”, revenues experts have warned. The Institute of Revenues, Rating

Lincolnshire Council's long-term borrowing requirement for 2026/27 has been updated from £82.6m to £133.4m, a Q1 financial performance report showed. The update includes carry

The Pensions Administration Standard Association (PASA) has appointed a new chair.  Clair Alcock, board secretary at LGPS Advisory Board, has been appointed as the

Bournemouth, Christchurch and Poole Council has forecast a total general fund overspend of £27m for 2026/27, a report showed.  The overspend is being driven

Chichester Council’s investment income grew by £6m during 2025/26, a Q1 monitoring report showed.  As of 31 March 2026, the council held investments totalling

Bassetlaw Council has projected a deficit of £1.1m within its Housing Revenue Account as at Q1 2026, a finance and performance monitoring report showed.

A projected first quarter underspend at Coventry City Council masks significant underlying pressures in key services, members have been warned. According to a budget

The Welsh government has commissioned a review of the funding formula for local authorities – with any changes taking effect from the 2028/29 local

Whitehall officials are to be seconded into mayoral authorities from this autumn “to build capability and capacity and accelerate the transfer of power to

The Glasgow City Region partnership has reported ‘major progress’ in securing further local funding and powers from the UK and Scottish governments. The partnership

Argyll and Bute Council is facing a potential budget gap of £17.1m in 2027/28 and £65.4m over the five-year period between 2027/28 to 2031/32.

A plan to deliver 50,000 council, social and genuinely affordable homes by 2039 in Greater Manchester has been unveiled by mayor Bev Craig. The

Harlow Council has warned that local government reorganisation (LGR) will bring regeneration “to a halt” and divert “the very people delivering Harlow’s transformation” into

Wiltshire Pension Fund has appointed its senior LGPS officer as it readies itself to meet the new Fit for the Future requirements The £3.84bn

Four of GLIL’s LGPS members have expanded their commitments to the infrastructure platform indicating growing investor appetite for UK infrastructure The LPPI Pool, West

Southampton City Council has projected a £6.1m overspend for the current financial year, a financial monitoring report showed.  Some areas of pressure include children

LGPS Central has expanded its private markets team with the hire of a new private debt specialist. The pool has appointed Waqar Rizvi as

Plymouth City Council has projected a £7.1m overspend for 2026/27 at month three amid social care pressures, a finance monitoring report showed. The report

The Ministry for Housing, Communities & Local Government (MHCLG) has clarified the roles of Florence Eshalomi and Jim McMahon in the department. McMahon will

Dudley Council’s Dedicated School’s Grant (DSG) has reached a cumulative deficit of £50.5m which is forecast to rise further by 2028, a 2025/26 revenue

West Northamptonshire Council has appointed James Smith as section 151 officer.  He is currently corporate director for finance and procurement at the council and

Dudley Council’s investment portfolio grew from £3.3m to £40.7m over the course of the 2025/26 financial year, a treasury management outturn report showed.  The