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Local authorities increase investments in gilts amid yield optimism

(Shutterstock)

Local authority investments in UK gilts have increased by more than £250m over the past two years as councils position themselves for future base rate cuts.

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According to the latest borrowing and investment data from the Ministry of Housing, Communities and Local Government (MHCLG), investments in gilt-edged securities rose from £338m at

The biggest risks in local government finance, a backlash over debt write-offs as part of LGR, and a distaste for EFS were revealed in Room151’s annual treasury and finance survey.

(Tina Miguel photography)