News-in-Brief

Hillingdon Council has delivered 54% of its £27.090m savings target for 2026/27 so far, with a further 23% on track, a financial monitoring report

North Somerset Council is forecasting an overspend on its revenue budget of £6.527m this year, equivalent to 2.6% of its budget, a finance update

London Councils has called on the government to use the Autumn Budget to deliver a new, fully devolved multi-year funding settlement to tackle youth

West Sussex County Council has projected a cumulative budget shortfall of £63m by 2031/32, a report showed, with a reduction in the council’s core

Greater Manchester Pension Fund (GMPF) has expanded its place-based investment portfolio with a new allocation to social infrastructure. The Northern LGPS fund has committed

Government plans for every area in England to be covered by a strategic authority by 2028 risk failure unless action is taken to prevent

Powys County Council is set to fund £78.3m (48.8%) of its capital programme through borrowing, a treasury management report showed.  The 2026/27 capital programme

Wakefield Council has projected a budget gap of £64.9m by 2031/32, a medium-term financial strategy (MTFS) report showed.  The report also showed an with

Norfolk County Council has withdrawn a proposed sale of a wholly owned care company after the new administration determined that the sale “is not

Chesterfield Borough Council has renewed £10m of short-term borrowing at around 4.7%, a treasury management Annual report showed. This was the only additional short-term borrowing

The Autumn Budget is a “vital opportunity” to support London’s housing and growth ambitions and “realise London’s potential”, according to Anthony Okereke, London Councils’

The City and County of Swansea Pension Fund, whose members include staff at Swansea and Neath Port Talbot councils, has appointed an independent person

Oxfordshire County Council has projected a £85.5m in-year high dedicated schools grant (DSG) needs deficit, a monitoring and finance update report showed.  The forecast

Kent pension fund has appointed Kevin McDonald as its new independent person.  McDonald has over 27 years of experience within the Local Government Pension

Cotswold Council has identified an £11m budget gap between 2026/27 and 2029/30, a budget strategy report showed. The position beyond 2028/29 is uncertain because

Telford & Wrekin Council has noted an overspend in children’s services, with an additional investment of £3.1m required, a financial monitoring report showed.  The

The mayor of West Midlands has opened the West Midlands Futures Fund to the private sector for high impact schemes to drive economic growth,

The London Collective Investment Vehicle (LCIV) partner fund has revealed its exposure to companies listed on the United Nations Office of High Commissioner for

Council spending on providing support for children in care is rising at a rate of £1bn year, new analysis has shown. Local Government Association

North Devon Council has returned to providing social housing after more than 25 years having become a Local Authority Registered Provider. The council is

Ealing Council ran down its cash balances by £127m to fund capital expenditure, according to its latest treasury update. The borough decreased its investment

London boroughs have identified sites where they could build over 50,000 council homes in the next ten years if sufficient funding were available, new

Bedford Council’s long-term debt has reached £73.6m as of 31 July 2026, a treasury management report showed.  The council held £43m of short-term borrowing

Bury Council’s earmarked reserves fell from £131.5m at 31 March 2020 to £44.1m at 31 March 2026, a reduction of two-thirds, a report showed. 

The scale of Cheshire West and Chester Council's financial challenge means the authority will need to "consider more fundamental changes to how services are