Finance

Reed lobbies Treasury over fiscal devolution

13/11/2025
Local government secretary Steve Reed has made the case to the Treasury for devolving fiscal powers ahead of the Budget.

Finance News

Late change to fair funding review expected

29/10/2025

Urban councils are expecting a ‘perverse' late change to proposed funding reform they fear would cost them hundreds of millions of pounds.

Woking to get £500m bailout as Surrey split in two

28/10/2025

Reorganisation frontrunner Surrey will have its 12 councils replaced by two unitaries, with £500m of Woking BC's debts written off, The MJ understands.

Major consultation to reform council tax in Scotland launched

27/10/2025

The Scottish Government and COSLA have launched a major consultation on the future of council tax.

DCN: Deprivation key determinant for spending

21/10/2025

Unitaries with a population over 350,000 tend to spend more per resident on services but are also more likely to run into financial difficulties, DCN shows

‘Outdated and harmful’: Council bailiff use soars 30%

20/10/2025

The use of bailiffs by local authorities in England and Wales has surged by 30% in just two years, according to new analysis from Debt Justice.

Reorganisation financial risk warning

20/10/2025

Local government reorganisation has been highlighted as a key concern by the Public Accounts Committee.

Councillors to reimburse £110,000 allowance overpayments

17/10/2025

Oldham councillors have been overpaid in allowances by more than £100,000, a report has revealed.

LGA: Costs pushing many to financial brink

17/10/2025

Emergency government bailout agreements for councils are at risk of becoming ‘normalised’ as costs outstrip available resources and push many to the financial brink, the Local Government Association (LGA) has warned ahead of the Budget.

SOLACE: Funding fails to offset the years of lost cash, claims president

16/10/2025

Central government funding for regeneration is positive but ‘can only go so far in offsetting the long years of lost funding', Solace president Robin Tuddenham has claimed.

England’s councils face poorest finances since 2010

16/10/2025

Local authorities in England are set to be poorer by the end of this parliament than they were in 2010, according the Institute for Government (IfG).

New unitaries in the south to cost over £12m

16/10/2025

The creation of new unitary authorities in the South of England is due to cost councils millions of pounds.

Councils urged to use £127bn procurement spend to deliver more

15/10/2025

English councils are being urged to use their £127bn annual procurement spend to deliver wider economic, social, and environmental benefits.

Labour MPs urge Chancellor to scrap ‘outdated’ council tax system

15/10/2025

Thirteen Labour MPs have urged Chancellor Rachel Reeves to abolish council tax, arguing that the current system is outdated and unfair.

IFS calls for council tax reform ahead of Budget

10/10/2025

Finance experts have urged Chancellor Rachel Reeves to use the upcoming Budget to reform council tax rather than rely on short-term revenue-raising measures.

UNISON: Councils on the brink as £4bn shortfall looms

09/10/2025

Councils are facing a £4bn funding black hole next year, leaving the most vulnerable paying the price for years of underfunding, warns UNISON.

Minister announces £20m museum boost

08/10/2025

Local museums across England are set to benefit from a share of a £20m Government fund designed to revitalise civic museums and enhance community engagement.

Experts' warning over Exceptional Financial Support

07/10/2025

Council finance experts urged the Government to ensure Exceptional Financial Support remains temporary and does not become ‘embedded in the public sector'.

Council to investigate links to Israeli Government

07/10/2025

Shetland Islands Council has proposed a motion to investigate its ‘financial holdings in companies linked to the Israeli Government’.

Conservatives pledge to scrap business rates for high street shops

07/10/2025

The Conservatives have promised to abolish business rates for high street shops and pubs if they win the next general election.

Reform council announces 'once-in-a-generation' budget review

06/10/2025

The Reform UK leader of Leicestershire CC has announced a ‘once-in-a-generation' external review of its £616m yearly budget.

Spending on SEND support set to hit £21bn

02/10/2025

Spending on education, health and care plans (EHCPs) and child disability living allowance (CDLA) in England is set to reach £21bn by 2029.

Glasgow launches £1m CMI for climate projects

02/10/2025

Glasgow City Council has unveiled a Community Municipal Investment (CMI), aiming to raise £1m to fund solar energy initiatives across the city.

£20m secured to restore historic Southport Pier

29/09/2025

Sefton Council has welcomed confirmation that the Government will provide full funding, estimated at around £20m, to restore the historic Southport Pier.

Audit delays leave Tees Valley accounts in limbo

25/09/2025

Tees Valley Combined Authority’s latest accounts will not receive a clean bill of health after delays linked to the previous year’s financial results.

Shropshire 'a hair's breadth' from s114

25/09/2025

Shropshire Council will have to rely on Exceptional Financial Support (EFS) to stave off a section 114 notice, according to a corporate peer challenge.

Bracknell Forest Council reveals ‘impossible’ funding gap

25/09/2025

Bracknell Forest Council could expect a budget gap of nearly £20m across the next three years.

Councils hit by £266m temporary housing funding shortfall

25/09/2025

Councils face a soaring bill for temporary housing as the funding gap widens by 30% in a year, the Local Government Association (LGA) has warned.

Dorset hopes to recover potential contract fraud losses

23/09/2025

A council that sacked 11 interim officers over the potential mismanagement of a multi-million pound repairs contract hopes to recover at least £1m.

Welsh councils warn of job losses without budget boost

22/09/2025

Welsh council leaders have warned of job losses, service cuts and council tax hikes unless next year’s budget brings extra funding.

English councils report record £1.2bn parking surplus

18/09/2025

New figures from the MHCLG reveal that English councils made a record £1.189bn in profit from on-street and off-street parking in 2024/25.

Reorganisation debt warning

16/09/2025

Ministers need to do more to ensure council debts are not a financial barrier to local government reorganisation, local authority leaders have warned.

Cash flow warning over council tax change

15/09/2025

Plans to switch council tax billing from 10 to 12-month instalments could leave local authorities with cash flow problems, experts have warned.

Council leader calls for vital funding reforms

15/09/2025

The leader of Barnsley Council has highlighted the urgency of delivering funding reforms to Red Wall areas.

New unitary authorities could push up council tax, DCN warns

15/09/2025

Residents in new unitary authorities could pay increased council tax, the District Councils’ Network (DCN) has cautioned.

Section 114 notice warning for Halton

12/09/2025

Halton BC may be forced to issue a section 114 notice if the council fails to bring its spending under control, senior councillors have been warned.

Shropshire Council acts to avoid Section 114

05/09/2025

Shropshire Council is expected to declare a ‘financial emergency’ next week as it seeks to avoid effective bankruptcy.

Millions at risk of council tax debt, report warns

02/09/2025

One in four UK adults fear they will be unable to pay their council tax over the next six months, new research from StepChange Debt Charity reveals.

SEND transport costs reach record £2.26bn

01/09/2025

SEND transport costs hit a record high of £2.26bn in 2023-24, according to a new analysis of official data for England.

Councils forgo over £50m second homes revenue

01/09/2025

The sale of second homes has seen up to £55m less council tax revenue generated for local authorities.

Government skipped own cost review of council mergers

29/08/2025

The Government did not conduct its own assessment of the costs of local government reorganisation, the BBC has revealed.

Report reveals ‘frustration’ over regeneration scheme faults

27/08/2025

A regeneration project in Birkenhead is due to exceed its budget by £12m, with a report outlining its ‘risks and implications’.

Town halls forced to sell community assets as debts mount

26/08/2025

Local authorities across the UK are selling off public assets – such as schools and care homes – to try and reduce a collective debt of £122bn.

Cuts have hit council financial information, report finds

22/08/2025

Councillors and members of the public are not being presented with accurate or easy to understand information about local authority budgets, report has found.

London Councils: Funding reforms could be ‘devastating’ for capital

22/08/2025

The Government must consider London’s ‘high levels of deprivation’ in the Fair Funding Review 2.0, says the cross-party group representing the capital’s councils.

Council warns of ‘most severe’ budget to date

21/08/2025

North Yorkshire Council has revealed it could be encountering its ‘most severe’ budget round yet.

Audit costs have ‘risen dramatically’ among councils, research reveals

19/08/2025

The eradication of the Audit Commission has led to the worsening of council audit performance, academics have argued.

Council debt costs over £4bn annually

19/08/2025

There has been a 60% increase in council debt over the last 10 years, figures have revealed.

Over £300m Ukrainian refugee funding unspent

19/08/2025

More than £300m given to English councils to help house Ukrainian refugees still sits in council bank accounts, freedom of information (FOI) request reveals.

LGA warning over fair funding transition

18/08/2025

The Local Government Association (LGA) has warned proposed fair funding transition arrangements will not protect councils from cuts.

Councils bite back at food waste recycling rollout plan

14/08/2025

Councils will not be told how much money they will receive to roll out food waste recycling until months before the implementation date, Government admits.

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