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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.[…]
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[…]
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.[…]
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[…]
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[…]
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[…]
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[…]
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[…]
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[…]
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[…]
