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‘Naughty lists’ in council lending market risk breaking the system

(LATIF North)

The inter-authority lending market risks becoming a two-tier system, with many councils placed on “naughty lists” despite having minimal credit risk, treasury professionals have warned.

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Citing Animal Farm by George Orwell, Danny Mather, head of corporate finance at Warrington Borough Council, described the local authority borrowing market as one where “some

What skills, knowledge and experience does a treasury manager take with them when they retire, and how might these come into play once they are no longer managing the finances of an authority, but their own? Can this show us anything about local government treasury management?

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