Register

Councils urged to protect themselves against money laundering: The Chartered Institute of Public Finance and Accountancy (CIPFA) has urged councils to ensure they have the right procedures in place to protect against sophisticated financial crime. Last… dlvr.it/RBhWXb pic.twitter.com/ZhHO5TaGuv

Council reserves rise to record levels: Non-ringfenced revenue reserves held by councils rose by 8.7% to reach a total of 23.7bn during 2018/19 last year, according to official figures. The Ministry of Housing, Communities and Local[...] dlvr.it/RBhWWf pic.twitter.com/y6pIVQ79oh

MPs: Government must consider alternative to “risky” business rates retention: The system of business rates retention needs cannot survive in the long-term without significant reform and the consideration of alternatives due to changes in the economy,… dlvr.it/RBcS6R pic.twitter.com/usTImPGYAr

Four authorities share £624m housing infrastructure boost: Three councils and the Greater London Authority have each been awarded funding ranging from £80m to £318m to deliver infrastructure projects in support of new homes. Chancellor Sajid Javid… dlvr.it/RBcS11 pic.twitter.com/OMqUzhmOgz

Questions raised over LGPS pools’ equity investment strategies: A number of LGPS pools’ equity strategies are inconsistent with the aggressive outperformance targets they have set, according to an influential report into the sector. This year’s Local… dlvr.it/RBY3PT pic.twitter.com/4VQBuzVLZR

Housing & Regeneration Finance Summit, October 31, County Hall room151.co.uk/wp-content/upl… #housing #regeneration #localgov

Northants faces ‘significant challenge’ to deal with new £35m budget gap: Northamptonshire County Council faces a fresh financial crisis after a £34.9m budget gap for 2020/21 opened up. A review of the council’s medium term financial plan (MTFP)… dlvr.it/RBHSdF pic.twitter.com/eyfwlyYWu9

Councils warn of uncertainty following one-year settlement decision: Councils have warned they need certainty about funding reforms and revenue, following the chancellor’s decision to hold a one-year funding review. Local authorities called for funding… dlvr.it/RBDHtm

Auditors and PSAA slammed after jump in accounts deadline failures: Auditors scrutinising local authority accounts and the body responsible for appointing them have come under fire after new figures showed 40% of audit opinions missed the target date of… dlvr.it/RBClTv

Friends in #HACKNEY Vegan restaurant, Lele's (next to Dalston CLR James Library in the square) is doing #FREEcoffee from 10-2 today ... and they do a very good coffee!

Mighty fine praise from @sjeffrey01 Many thanks! twitter.com/sjeffrey01/sta…

Finance staff ‘inexperience’ contributed to error-ridden council accounts, say auditors: Auditors have issued a qualified adverse opinion on Reading Borough Council’s 2016/17 accounts – almost two years late due to a litany of problems. In a stinging… dlvr.it/RB6D1x pic.twitter.com/5sb7IUu3xE

One-year settlement decision ‘threatens Fair Funding Review’: The government’s decision to push ahead with a one-year Spending Review has prompted alarm from local government experts that it could force a delay in the implementation of the Fair[...] dlvr.it/R9ybZK pic.twitter.com/gLkoR9RsAe

Bonds agency seeks outsourced solution to achieve first bond launch: The Municipal Bonds Agency is set to outsource its management and operations to an external provider in a bid to get its first bond issue off the ground. The agency,[...] dlvr.it/R9vJ3S pic.twitter.com/fRgJ4WViin

Tough times ahead for Northamptonshire’s new s151: Northamptonshire County Council has announced the appointment of its fourth finance director in two years. The council this week revealed its finances are improving but confirmed the key figure… dlvr.it/R9qvC8 pic.twitter.com/Kys7lNQwGQ

Warrington warned over MRP approach ‘risk’: Warrington Borough Council has been warned that its approach to calculating its minimum revenue provision (MRP) could present a threat to delivery of its medium term financial plan (MTFP). The[...] dlvr.it/R9qvBx

Minister warned against meaningless local government finance review: The chief executive of the Chartered Institute of Public Finance and Accountancy has written to the new local government secretary not to review local government finance “unless you… dlvr.it/R9qLG6 pic.twitter.com/l1ZxMX2T8N