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Barclays has denied fraudulently entering a number of Lender Option Borrower Option (LOBO) loans with councils, in court documents seen by Room151. In February, a group of seven councils lodged[…]
Hackney Council has earmarked £150,000 as start-up costs for a council-run energy company to tackle the fuel poverty of almost 10,000 households in the borough. The council’s cabinet this week[…]
Children’s services in England are at “breaking point” and must receive increased funding of £3.1bn in the 2019 funding review, according to a report from an influential committee of MPs.[…]
The brightest and best in public finance have been recognised at a top awards ceremony. The annual Public Finance Awards saw Bromley Council take the top spot for its work[…]
A north-east London borough is progressing plans to set up a new education-services company, in a bid to cut costs at the same time as maintaining the quality of its[…]
Local authorities could use crowdfunding as an alternative to traditional borrowing, researchers have claimed. A government-backed study by the University of Leeds concluded that online fundraising is a ‘viable and[…]
Reforms to the fees charged to house builders are being held up by the delayed spending review. MPs on the Public Accounts committee were told that changes aimed at enabling[…]
A group of councils has joined the Local Government Association (LGA) in launching a new mutual aimed at offering a better deal for councils on insurance. The mutual will see[…]
Now that local authorities are in the middle of preparing their first financial statements under the new IFRS 9 Financial Instruments accounting standard, here’s a reminder of what might need[…]
Chancellor Philip Hammond has rejected the Local Government Association’s (LGA) estimate of the scale of what he described as the “so-called funding gap” faced by local authorities. In February, the[…]
