News-in-Brief

Dartford Borough Council has raised its projected investment income for 2026/27 to £9.09m, a treasury management report showed.  This was after a £5m divestment

Redbridge Council’s capital expenditure financed by borrowing is forecast to rise to £145.2m in 2026/27, a treasury management mid-year review showed. The original budget,

Bradford Council has proposed £50m of savings for 2027/28, a revenue budget savings proposals report showed. Delivering £50m of savings in 2027/28 was a

South Holland District Council has forecast a £2.2m favourable variance on its net treasury position for 2026/27, a mid-term treasury report showed. As at

Reductions in capacity of Integrated Care Boards (ICBs) as a result of the need to restructure “risk weakening the partnership working between health and

The Leeds-based pool has expanded its private credit team, amid a wider push to build its in-house investment capabilities. Border to Coast has appointed

Council tax increases in the range of 65% to 70% in 2027/28 would “substantially close or eliminate” Kensington and Chelsea Council’s budget gap over

Uncertainty around local government reorganisation (LGR) is putting pressure on Pendle Borough Council’s finances, the authority has said. A revised financial strategy is being

Bournemouth, Christchurch and Poole (BCP) Council has strongly refuted claims that it has failed to press government for support in addressing “unprecedented” financial pressures.

LGPS Central has appointed Bronte Somes and Kavita Patel as non-executive directors.  Bronte Somes joins the pool's board, bringing more than two decades of

The Visitor Levy Bill has today (4 November) been introduced in the House of Commons, giving mayors and leaders the ability to introduce a

Havering Council has proposed new savings requirements for 2027/28 totalling £10.96m, a report showed.  Th council has planned these savings in services such as

Severe financial reporting delays at East Dunbartonshire Council have seen the authority fail to meet its statutory accounts deadlines for the last four years,

Monmouthshire Council has forecast a four-year budget gap of up to £31.4m over its medium-term financial plan (MTFP), a report showed.  The refreshed MTFP

Cheshire West and Chester Council has forecast a £6.9m overspend in children’s services, a mid-year review of financial performance showed. The overspend was primarily

Haringey Council has projected a budget gap of £35.4m in 2027/28 due to rising demand in social care, a council report showed.  The report

Hounslow Council’s investment income beat its budget in 2025/26, the authority's treasury management annual report showed. Total investment income was £2.745m, against a budgeted

Rutland Council is set to deliver 96% of its planned savings for 2026/27 due to its implementation of targeted management action since Q1 2026,

Buckinghamshire Council has forecast a £9m overspend in children’s social care, its Q2 budget management report showed. The overspend was linked to the cost

South Yorkshire Pension Authority (SYPA) has reduced its target allocation to illiquid assets following a review of its investment strategy. The strategy reflected a

Barking and Dagenham Council has forecast a £13m overspend in children’s care and support, a period six budget monitoring report showed. The overspend was

Hastings Borough Council is expected to need £8.9m of borrowing this financial year to fund its capital programme, a treasury management update showed. The

Blackpool Council has forecast a £5.8m overspend for 2026/27, driven mainly by pressures in children’s services, a financial monitoring report showed. Children’s services are

Mansfield District Council intends to draw on a reserve to balance its £1.6m general fund deficit for 2027/28, a medium-term financial plan (MTFP) showed.

Only “some form of government support” will help Hampshire County Council close an expected budget shortfall of almost £199m in 2027/28. The authority called