Moray Council risks depleting its entire fund reserves in just four years as it attempts to offset annual deficits, the Scottish Accounts Commission has warned.
Northamptonshire County Council has approved proposals for West Northamptonshire to be the administering authority of its pension fund when the authority comes into force next year.
Croydon Council has said it cannot guarantee it will not issue a section 114 notice this year, amid reports it is seeking permission to use capital resources to fund services.
Local authorities in the UK are set to experience higher fiscal pressures resulting from the coronavirus pandemic than other leading European nations, according to ratings agency Moody’s.
Northampton Borough Council has approved proposals to borrow an additional £50m to help with the acquisitions of properties, in a bid to reduce homelessness in the borough.
Business rate income for local authorities halved in the first quarter, while council tax income stayed steady, according to the first official figures on the impact of Covid-19 on council income.
London Borough of Hammersmith and Fulham has cancelled a £75m fire procurement project after an internal review identified a number of “structural flaws”.
Councils lack the necessary reserves to meet the £2bn shortfall local authorities still face from the impact of Covid-19, according to the Institute for Fiscal Studies.
Local authorities in Wales are set to receive an additional £260m in funding from Welsh Government, to help cover the increased costs resulting from Covid-19.
Nearly £300m of funding for public transport has been announced by the government as it hopes to get people back to work and education following the easing of lockdown measures.
The public sector in the UK mandates high ethical standards from those who work within it, and for those working directly with taxpayers’ money in particular.
Councils could speed up infrastructure and affordable housing delivery by borrowing against its proposed new infrastructure levy according to the government’s consultation on planning reform.
Proposed planning reforms announced today could raise more money for affordable homes and infrastructure by replacing the current system of developer contributions, according to the government.
Cornwall Council is to become the first council in England to pass on government funding and provide financial support for parish and town councils impacted by the coronavirus pandemic.
Bristol City Council has relaunched a tender for a partnership deal to help with the decarbonisation of energy in the city, after the initial process was criticised by bidders.
