Almost two-thirds of council asset managers think their organisation will be able to reduce office floorspace by more than a quarter when the Covid-19 pandemic is over.
Ealing Council has approved plans to borrow more than £390m over 50 years to on-lend to its housing company to build more than 1,300 affordable homes over the next six years.
Section 151 officers face a 'tipping point’ requiring tough decisions on whether to follow London Borough of Croydon in issuing a section 114 notice, CIPFA chief executive Rob Whiteman has told MPs.
Around 80% of county and unitary authorities are expected to make cuts next year in order to set a balanced budget, according to a survey from the County Councils Network.
Croydon Council has issued a section 114 notice banning all non-essential spending, due to the “severe ongoing financial challenges” facing the authority.
An investment strategy agreed by Cotswold District Council to borrow more than four times its annual budget has been labelled deeply concerning by its opposition leader.
A 25% increase in audit fee variation rates for 2020-2021 is being proposed by the Public Sector Audit Appointments, following recommendations from the Redmond Review.
Councils in England are set to receive an additional £170m in government funding following a government U-turn over additional support for low-income families this winter.
Manchester City Council is set to fundamentally review its size and structure, warning that efficiency savings cannot not cover a forecast £135m funding gap next year.
The UK government's planning white paper underestimates the complex relationship between new homes and the communities they are built in, says Dr Alison Knight.
Ipswich Borough Council has approved plans to use all but £50,000 of its usable reserves above its legal buffer by March 2024, to help offset future Covid-19 pressures.
The monthly financial impact of Covid-19 on councils in England has fallen below £1bn for the first time since the start of the crisis, running at 60% of the £1.5bn peaks in April and May.
Audit firms Mazars and Grant Thornton have been asked to implement quality action plans after the Financial Reporting Council was critical of audit quality.
A London council is set to launch a private placement bond through a digital platform to refinance debt and help fund its capital programme for the next four years.
Council tax support is expected to cost councils an additional £586m this year, 7% more than the £500m allocated through a dedicated fund announced in March, according to the LGA.
Councils face a massive rise in business rates appeals, which have reached around 1,000 a day as a result of Covid-19, according to real estate firm Colliers.
MPs will assess the impact of a single-year spending review on councils’ long-term delivery of services as part of an inquiry into the spending review and local government finance.
