The framework governing capital investment by local authorities has been tested to breaking point by councils borrowing cheaply to invest in commercial property, according to a recent NAO report.
Social care workers in Scotland are set to receive an immediate 3.3% pay increase, backdated to 1 April – following negotiations around increasing their pay to the real living wage.
A London council has raised £80m for its capital investment programme through a private placement, beating the Public Works Loan Board rate despite the turbulent market disrupted by the coronavirus.
Blanket deferrals or non-payment of council tax could have a “serious effect” on council funding in the wake of the coronavirus pandemic, according to the County Councils Network.
Councils in England have urged the UK government to provide clarity that volunteers can support pharmacies in rural areas – to ensure medication reaches at-risk people.
CIPFA is concerned that regulators' refusals to radically simplify the 2019-20 Accounting Code will put public finance professionals under huge pressure and impact 2021-22 budgeting.
Bus companies in England will receive up to £167m from the government as it hopes to maintain regular services for people in need during the coronavirus lockdown.
Public sector procurement opportunities fell by 30% in March, as a result of disruption caused by coronavirus, according to government contract analysts Tussell.
Directors of resources and Section 151 officers have an even more crucial role to play as the pandemic plays out, argues director at Impower Ebony Hughes.
Barking and Dagenham Council chief executive Chris Naylor is to be seconded to Birmingham City Council to take up the role of interim CEO, after the Midlands authority failed to fill the post through...
Almost two thirds (64%) of senior local council workers believe fraud is a major risk to local authorities, with the threat intensified by the Covid-19 pandemic, according to research from CIPFA.
A Scottish local authority has outlined the impact of the Covid-19 pandemic on its finances, announcing it will borrow £10m earlier than expected to avoid cashflow issues.
Following the Cabinet Office’s decision to waive the rules on payment in advance, PF speaks to Peter Schofield, vice chair of the Local Government Association's national advisory group of public...
The government is asking for the planned business rates holiday to be made exempt from European Union rules restricting state aid, as financial pressures mount up due to the coronavirus pandemic.
City of York Council leader Keith Aspden has warned his council faces a £20m shortfall in funding due to rising costs in relation to the coronavirus pandemic.
Lending between councils has dropped as councils look to keep hold of cash due to concerns over the coronavirus pandemic, according to treasury adviser Arlingclose.
The government has confirmed the £500m hardship fund announced during the Budget will be used to fund council tax relief for vulnerable households affected by the coronavirus pandemic.
The Cabinet Office has decided to waive the rules on payment in advance, in a bid to help local authority suppliers stay afloat during the coronavirus pandemic.
Councils are set to receive £1.6bn of funding to help fight the coronavirus pandemic, as part of the government’s £5bn coronavirus fund announced during the Budget.
