Finance

  • Government borrowing hits four-year high

    19 July 2019

    The next Chancellor faces a disappointing batch of figures on the public finances with borrowing in June at its highest for that month in four years.


  • New management model with no chief proposed

    18 July 2019

    Redcar and Cleveland BC hopes to save about £220,000 per year by scrapping its chief executive role as part of a new management model.


  • Kier dropped from major infrastructure project

    18 July 2019

    The construction firm’s role in the King’s Dyke crossing project has ended following discussions with Cambridgeshire CC and Cambridgeshire and Peterborough Combined Authority.


  • Unlawful pensions judgement will apply to local government

    17 July 2019

    Council pension schemes will be affected by a legal ruling that found proposed changes unlawfully discriminatory.


  • MPs: Government waste strategy overly-prescriptive

    17 July 2019

    The Government’s proposed waste strategy is ‘overly-prescriptive’ and local authorities should be given the freedom to tailor their approach, MPs have said.


  • Going places

    17 July 2019

    Martin Reeves says despite the Treasury’s positive assessment of the Total Place pilots over a decade ago, the initiative fell off the radar. He calls on the new Prime Minister to ‘reinvigorate a successor’.


  • The uncertainty principle

    17 July 2019

    Simone Hines says that when the variables are so great – e.g. a full business rates reset or no reset – 'it’s still hard to know where to pitch our financial position to members'.


  • Standards bearer

    17 July 2019

    As communities secretary James Brokenshire launched a review of the local government audit regime, he spoke to Heather Jameson about his plans to drive governance and performance


  • Promised housing cash withdrawn

    16 July 2019

    Millions of pounds of housing investment announced with great fanfare by the Government has been withdrawn.


  • Youth service review launched

    16 July 2019

    A review has been launched into statutory guidance for councils on youth service provision.


  • EXCLUSIVE: Dawes in 'internal focus' warning

    16 July 2019

    The Ministry of Housing, Communities and Local Government’s (MHCLG) top mandarin has warned council chiefs that the department will have an internal focus for a while, The MJ understands.


  • Watchdog plans audit regulations overhaul

    16 July 2019

    Auditors face tougher ethical rules under proposals put forward by a financial watchdog.


  • Reading considers action against auditor over accounts

    15 July 2019

    Reading Council has been left with a bill of more than £500,000 as it gets to grips with accounting problems.


  • Emergency settlement call as councils face financial cliff-edge

    15 July 2019

    Calls have been made by a think-tank for a one-year emergency local government settlement with councils facing a ‘financial cliff-edge’.


  • Kier share price slumps to new low

    12 July 2019

    Shares in Kier Group fell to a record low this week after two influential fund managers cut their stakes in the outsourcing specialist.


  • Kent warned over SEND deficit

    11 July 2019

    Members of Kent CC have been warned that the high needs budget deficit will exceed Government limits within a year.


  • Grenfell insurer makes £7m loss

    11 July 2019

    The insurer for Kensington and Chelsea LBC has taken a £7m hit relating to the Grenfell Tower fire.


  • Council backs campaign for procurement reform

    11 July 2019

    Oxford City Council has become the first authority to back a fair tax campaign.


  • Havering 'can look both ways'

    10 July 2019

    Havering LBC’s chief executive has insisted that the council can look towards both London and Essex as it plots a path to the future.


  • Management review for Stratford

    10 July 2019

    Stratford-on-Avon DC will carry out a review of its management structure after its head of paid service walked out the door after just seven months.