LGPS Interview: Daniel Booth, CIO of Border to Coast
With £49bn in assets under management Border to Coast is one of the biggest LGPS pools. Room151 caught up with chief investment officer Daniel Booth to talk bonds, private markets,[…]
Coronavirus: Preparing your council for the crisis
Central government is implementing measures to confront the coronavirus outbreak. David Hill works through the questions local authorities will need to address as the virus spreads. The coronavirus is dominating[…]
Crunch time: Building a ‘robust and adequate’ budget
It’s budget time for local government and CFOs across the country are wrestling with their statutory responsibilities. Andrew Hardingham writes that in the end it comes down to looking at[…]
Uncertainty looms over future council funding despite £2.9bn boost
Local government funding confirmed this week will provide a boost to council budgets but there remains uncertainty over resources for the coming years. The House of Commons voted this week[…]
Warwick votes for referendum on 34.2% council tax increase
Warwick District Council has become the first authority to back a referendum on increasing its council tax share above the 2% limit. Residents will be asked on 7th May to[…]
LGPS board holds off on ‘fiduciary duty’ guidance
A key element of the planned guidance on responsible investment for Local Government Pension Scheme member funds has been put on hold because of uncertainty over the impact of the[…]
Peterborough plans £7m repeat of controversial capital receipts treatment
Peterborough City Council has revealed plans to use £7m of capital receipts to help balance its in-year revenue budget and 2020/21 spending proposals – despite controversy surrounding similar moves in[…]
And here is the LGPS news: It’s better than you read in the press
Some elements of the press have painted a bleak picture of pension schemes at London boroughs. Chris Buss argues that the funds are in “good hands”. One of the periodic[…]
How to be a smart borrower
An increase in PWLB rates has seen treasury officers deluged with offers of credit from the private sector. David Green writes local authorities should take care with the money they[…]
Council audit fees set to be frozen amid increasing pressures on firms
The fees council pay for their external audits are set to be frozen for the second year running despite increasing cost pressures on audit firms, according to the body responsible[…]
