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Room 151

  • 151 BRIEF

    What's New?

  • Consultation opens on future of IFRS 9 statutory override

    August 12, 2022

  • EAPF criticised for water company investments

    August 10, 2022

  • Welsh pension fund confirms £50m investment in clean energy

    August 10, 2022

  • Inflation ‘disastrous’ for local services, warns LGA

    August 10, 2022

  • Consultation opens into care charging reforms

    August 9, 2022

  • ADASS survey: ‘worst fears confirmed for adult social care’

    August 5, 2022

  • Treasury
  • Technical
  • Funding
  • Resources
  • LGPS
  • Development
  • 151 News
  • Blogs
    • David Green
    • Agent 151
    • Dan Bates
    • Richard Harbord
    • Stephen Sheen
    • James Bevan
    • Steve Bishop
    • Cllr John Clancy
    • David Crum
    • Graham Liddell
    • Ian O’Donnell
    • Jackie Shute
  • Interviews
  • Briefs
  • 0
    • in 151 News · Governance
    • — 29 Jul, 2022

    Government proposing further intervention in Slough Borough Council

    The levelling up secretary Greg Clark has announced that he is “minded to” expand further intervention measures in Slough Borough Council, as commissioners fear the authority cannot achieve financial stability.[…]

    Read more
    0
    • in 151 News · Audit
    • — 28 Jul, 2022

    Auditors: ‘significant weaknesses’ in Liverpool City Council’s finance arrangements

    Liverpool City Council’s financial arrangements show “significant weaknesses” as the authority has failed to deliver on planned savings and could face an £86.7m funding gap in 2024/25, according to an[…]

    Read more
  • 0
    • in 151 News · LGPS · Net Zero
    • — 28 Jul, 2022

    Council’s climate team targets pension fund divestment

    The Royal Borough of Kensington and Chelsea (RBKC) has said that its pension fund’s continued investment in fossil fuels could pose “material financial risks to its portfolios” and fiduciary duties.[…]

    Read more
    0
    • in 151 News · Funding · Levelling up
    • — 26 Jul, 2022

    Stoke-on-Trent City Council’s £12m budget gap endangering levelling up projects

    Stoke-on-Trent City Council faces a £12m budget gap for 2022/23 due to rising inflation, which may risk the affordability of its levelling up projects. A report by Nick Edmonds, chief[…]

    Read more
  • 0
    • in 151 News · LGPS
    • — 22 Jul, 2022

    Training momentum gathering pace in LGPS

    Since 2018 training in the Local Government Pension Scheme (LGPS) for committee and board members has been progressing. Andrew McKerns discusses what has influenced this change, what progress has been[…]

    Read more
    1
    • in 151 News · Audit · Infrastructure
    • — 21 Jul, 2022

    Michael Hudson: ‘meaningless detail’ in audits causing delays

    Local government audit is in crisis. Strict adherence to the International Finance Reporting Standards (IFRS) is causing delays and accounts that are ‘no longer readily understandable’, writes the s151 officer[…]

    Read more
  • 0
    • in 151 News · Funding · Social care
    • — 20 Jul, 2022

    Bradford councillor fears £33.8m children’s services overspend could lead to s114

    A councillor at Bradford Metropolitan District Council has said the authority could risk a section 114 notice as its children’s services department estimated an overspend of £33.8m in the 2022/23[…]

    Read more
    0
    • in 151 News · Funding · Net Zero
    • — 19 Jul, 2022

    Councils face ‘significant national barriers’ to meeting net-zero targets

    Local authorities face “significant national barriers” when meeting net-zero targets and need long-term, non-competitive funding to reduce emissions, according to a new report by UK100. Financial analysis by UK100, a[…]

    Read more
  • 0
    • in Funding · Infrastructure · LGPS · Responsible investing
    • — 19 Jul, 2022

    Increasing opportunities in infrastructure

    Partner Content: Hamish Mackenzie from DWS examines the growth in infrastructure investments – both digital and physical – and looks at the type, size and location of deals. Infrastructure allocations[…]

    Read more
    0
    • in 151 News · LGPS
    • — 19 Jul, 2022

    Brunel CEO: delayed consultation ‘risks LGPS reputation’

    The chief executive of Brunel Pension Partnership fears that the current political situation could delay the Local Government Pension Scheme’s (LGPS) framework consultation, which poses a risk to its reputation[…]

    Read more
  • « Previous Page
  • Next Page »
  • 151 BRIEFS – WHAT’s NEW?

    • Inflation ‘disastrous’ for local services, warns LGA
    • Consultation opens into care charging reforms
    • ADASS survey: ‘worst fears confirmed for adult social care’
    • GMCA to unlock funds for home energy-efficiency upgrades
    • Levelling up committee calls for urgent boost to social care funding
  • Room151’s LGPS Roundtables

    Biodiversity
    Valuations & Risk
    LGPS Women

  • Room151’s LGPS Roundtables

    Biodiversity
    LGPS Women
    Valuations & Risk
  • Latest tweets

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    Room151 1 day ago

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    Room151 3 days ago

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    Room151 3 days ago

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    Room151 4 days ago

    Changes to rules on capital receipts raise wider questions: Stephen Kitching argues that DLUHC’s latest rule changes are part of a series following on from revisions to MRP guidance and the purchase of commercial property. He questions whether… dlvr.it/SWGqKC pic.twitter.com/Ycr5hWZDPk

    Room151 7 days ago

    ‘No ifs, no buts’: the Bank of England continues its battle with inflation: Partner Content: CCLA Investment Management’s Robert Evans discusses the MPC’s 0.5% increase in the Official Bank Rate and its ongoing commitment to the 2% inflation target… dlvr.it/SW7SNC pic.twitter.com/ryOzYRSNA9

    Room151 1 week ago

    DLUHC changes rules on flexible use of capital receipts: The levelling up secretary has written to all council leaders to amend the rules concerning the flexible use of capital receipts to fund transformation projects. In his letter, Greg Clark[...] dlvr.it/SW3jyX pic.twitter.com/KEhSSaMITl

    Room151 1 week ago

    Local audit and financial reporting: let’s take back control: Mazars’ Suresh Patel suggests three steps that auditors and council finance teams should take to help get financial reporting and local audit back on track. Following my recent appearance… dlvr.it/SW0PfV pic.twitter.com/miL7pjukce

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