CIPFA

Proposal for stronger local government Prudential Code

02/02/2021

Proposals to strengthen the Prudential Code and prevent local authorities from borrowing to generate yield have been put forward by CIPFA.

Nottingham plans £100m asset sale

19/01/2021

The council has identified £100m of assets for sale as part of a plan to bring its finances under control.

Spending Review: 'Risk all sits on local government'

26/11/2020

The Spending Review failed to tackle key issues such as reforms to local government funding, sector experts have warned.

Croydon issues Section 114 notice

10/11/2020

Crisis-hit Croydon LBC has issued a Section 114 notice after extra spending controls proved not to be enough.

Government needs a plan to tackle public service backlog, says IfG

02/11/2020

The Government needs a plan to address backlogs in public services caused by the coronavirus crisis, a new report has claimed.

Coronavirus leads to scrapping of three-year Spending Review

21/10/2020

Plans to create a three-year settlement for public spending have been abandoned as latest figures show the havoc coronavirus is wreaking on the public finances.

Croydon would have issued s114 'in normal circumstances'

17/09/2020

Croydon LBC’s £49m total net forecast general fund overspend means it would have had to have issued a Section 114 notice in ‘normal circumstances,’ senior councillors have heard.

Councils facing £2bn budget black hole

18/08/2020

Councils face a budget black hole of £2bn this year due to unfunded coronavirus costs, a new study has found.

MPs slate ministers over local government funding

23/07/2020

MPs have slated ministers for failing to give local government sufficient funding and urged them to ensure a 'clear and timely financial settlement’ in readiness for the next phase of the pandemic.

IFS urges government to relax the rules on council finance amid crisis

22/06/2020

Finance experts have called on the Government to temporarily relax rules that prevent councils borrowing to cover day-to-day spending as they deal with the coronavirus crisis.

CIPFA issues temporary s114 guidance

11/06/2020

Council finance chiefs have been given new guidelines for dealing with financial collapse during the coronavirus crisis.

No bail outs for commercial investments

22/05/2020

Plans to bail out councils struggling with their finances could vary between authorities - but they will not cover commercial investments, The MJ understands.

Districts braced for lost income

13/05/2020

Woking, South Norfolk and Craven DCs are likely to be the hardest hit when it comes to lost income.

CIPFA: 17 years to work through council housing waiting list

04/05/2020

It could take up to 17 years to re-house individuals and families on the waiting list for council housing, data analysis by the Chartered Institute of Public Finance and Accountancy (CIPFA) has revealed.

Coronavirus cash allocations are 'out of date', says IFS

14/04/2020

Out of date spending assessments mean councils may not be getting their fair share of cash to deal with the coronavirus crisis, latest figures from the Institute of Fiscal Studies (IFS) have revealed.

Council staff warn fraud is a major risk for local government

31/03/2020

Two-thirds of local government professionals think fraud is a major risk for councils, a new survey has revealed.

CIPFA resilience index shows just 10% of councils are at financial risk

15/12/2019

The ‘majority of councils’ are not showing signs of major financial stress, the Chartered Institute of Public Finance and Accountancy has claimed.

Councils detecting more cases of fraud

19/11/2019

Councils prevented 22% more cases of council tax fraud this year compared to 2017/18, new figures have revealed.

Councils need billions more in funding, research finds

10/11/2019

Councils will need billions of extra pounds worth of funding in the next parliament, if they are to meet the rising cost of adult social care, the Institute for Fiscal Studies (IFS) has calculated.

NAO to wade into fair funding review

05/06/2019

The National Audit Office (NAO) is gearing up to scrutinise the Government’s divisive fair funding review, The MJ can reveal.

Brokenshire moves to boost local government accountability

09/05/2019

Brokenshire moves to impose fresh conditions on ‘top slice’ cash

Hopes for legislative backing behind new code

24/04/2019

An overhaul of financial management in councils could be enshrined in law, according to a consultation that stakeholders must respond to within days to influence.

Think tank suggests introduction of local income tax

21/03/2019

Local income tax would be the best option for fiscal devolution if the Government wanted to hand more powers to local authorities, the Institute for Fiscal Studies (IFS) argued today.

Brokenshire gets Brexit breakdown from chiefs

31/01/2019

Chief executives have told communities secretary James Brokenshire Whitehall needs to be more joined up between departments and in its communications with councils over Brexit.

Whitehall 'leadership' needed to help councils cope with financial pressures

15/01/2019

The Government must improve oversight and transparency over local authorities to ensure their financial sustainability, the National Audit Office (NAO) has said.

Ministers play down commercialisation 'crackdown'

10/01/2019

Ministers have played down the prospect of a widespread crackdown on councils that borrow for commercial reasons.

Finance settlement: Government floats commercialisation crackdown

13/12/2018

Whitehall is considering a crackdown on councils that excessively borrow for commercial reasons as it continues to restrict council tax rises.

Council hits back at 'illegitimate' loan claim

31/10/2018

Newham LBC has denied claims that decisions to enter into controversial high-interest loans were illegitimate.

Public service leaders 'kept in dark' over Brexit

27/06/2018

The majority of public service leaders have warned they have not received enough information from the Government in order to plan effectively for Brexit.

Report calls for a bespoke workforce deal with the EU

03/05/2018

Only a bespoke workforce deal with the EU would allow the public sector to recruit top-end talent as well as sufficient numbers of skilled workers and lower-skilled staff, according to finance chiefs.

Javid orders review after second council payment error

20/03/2018

The Government has ordered a review after being forced to admit a second mistake in as many months in the way it calculates council payments.

CIPFA: Funnel more tax into social care

09/03/2018

Public sector finance experts have urged the Government to increase funding for social care by £14bn in a 'wish list' for a forthcoming review.

Council tax set for biggest rise in 14 years, figures show

01/03/2018

Council tax payers face the sharpest rise in their taxes for 14 years, according to the Chartered Institute of Public Finance and Accountancy figures (CIPFA). 

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