Finance

Sheffield CC’s finances ‘stronger but still fragile’, report says

16/06/2026
Sheffield City Council has improved its financial position, reducing it’s overspend by nearly £8m, but warned it remains in a ‘fragile position’.

Finance News

Watchdog tells Scottish councils to raise ambition on transformation

20/05/2026

Scotland's councils need to significantly increase the pace and scale of their service transformation or risk facing greater costs later, watchdog warns.

Reform UK councillors back down in row over airport loan

11/05/2026

Doncaster City Council is to borrow £57m to help reopen its airport after Reform UK councillors backed down from a direct confrontation with its leadership.

High Court ruling worth 'millions' to councils

07/05/2026

Sunderland City Council and Middlesbrough Council have fended off a legal challenge that could have cost millions of pounds.

Hundreds of millions could be forfeited to second home tax policy

05/05/2026

Councils could face a shortfall of over £380m due to second-home owners reclassifying their properties, research has revealed.

£1.5m emergency boost to fight antisemitism after Golders Green attack

05/05/2026

Local authorities are set to receive an extra £1m to help tackle antisemitism, the Government has announced.

Kent CC bids for over £100m to fix two major road schemes

01/05/2026

Kent County Council has submitted bids to the Government's Structures Fund seeking more than £100m to address critical issues on two key roads in the county.

COSLA urges next Scottish Government to reinvest in local economic development

23/04/2026

COSLA is calling for a fundamental reset in how councils are funded and empowered to drive economic growth, ahead of the 2026 Scottish Parliament election.

MPs launch fiscal devolution inquiry

22/04/2026

The All-Party Parliamentary Group (APPG) on Local Government has announced an inquiry into fiscal devolution in England.

Woking-owned Thameswey debt exceeds £600m

21/04/2026

Woking BC's wholly owned company racked up debts of more than £600m, according to its latest accounts.

Council tax enforcement rules to be overhauled

15/04/2026

The Government has announced changes to council tax administration in England, giving households more time to settle arrears.

Councils given over £40m to support Renters Rights duties rollout

14/04/2026

An investment of £41m has been delivered to help councils tackle rogue landlords.

Council threatens legal action over £20m roads funding row

13/04/2026

North Yorkshire Council has threatened to take legal action against York and North Yorkshire mayor David Skaith over a dispute about highways funding.

Local museums share £4m accessibility fund

10/04/2026

Twenty-four local museums have received a share of £4m from the Government to improve visitor access and enhance their collections.

APSE: Half of councils facing street cleansing cuts

07/04/2026

Half of local authorities expect their street cleansing budgets to shrink over the next year, according to a new national survey.

Social housing fund boost to support innovative pilots

02/04/2026

Twenty schemes across England aimed at supporting social housing tenants are set to each receive a share of a £2m fund from the Government.

Several councils to benefit from £155k local food grants

01/04/2026

A number of local authorities will each receive £155,000 to bolster local food procurement, Defra has announced.

Trafford Council gets interest-free loan from combined authority

31/03/2026

Trafford Council is set to receive an interest-free loan from the Greater Manchester Combined Authority (GMCA) to address a multi-million-pound budget gap.

Regions facing grant cut as fiscal overhaul takes shape

30/03/2026

The Treasury’s Northern growth strategy shed light on the overhaul of funding, which will initially target places with the ‘potential to benefit’.

Council considers application for £8m coastal monitoring programme funding

26/03/2026

North Yorkshire Council is seeking approval for a funding bid of almost £8m to continue the Northeast Coastal Monitoring Programme.

Call for ‘lifeline’ to help households in cost-of-living crisis

26/03/2026

Crisis support has been delivered every 30 seconds by Citizens Advice this year, research has revealed.

Warrington Council faces £110m loss, envoys warn

25/03/2026

Warrington Council is facing a net loss of nearly £110m due to its investment strategy and faces a ‘significantly challenging period’, ministerial envoys say.

Welsh councils receive £50m capital funding boost

24/03/2026

All 22 Welsh local authorities are to receive a share of £50m in additional capital funding this financial year, the Welsh Government has announced.

Wales Auditor General raises alarm over council account delays

24/03/2026

Auditor General for Wales has written to all local government bodies raising concerns about increasing delays in the auditing of statutory accounts.

Council cuts raise concerns over arts access

23/03/2026

A new report has warned that significant reductions in local authority arts funding across the UK could limit public access to cultural activities.

Pride in Place: £319m announced for high street regeneration

23/03/2026

The Government has announced a £319m package aimed at regenerating high streets and improving community spaces, as part of its Pride in Place strategy.

LGA: Housing finances improving, but budget pressures threaten housebuilding

19/03/2026

The overall financial outlook for social housing is improving, but significant challenges remain, a Local Government Association (LGA) survey reveals.

Higher council spending linked to stronger climate action, report finds

18/03/2026

New research from Climate Emergency UK has found that councils with greater spending power are more effective at delivering climate action.

Croydon pledge after SEND overspend

17/03/2026

Croydon LBC has pledged to tackle a raft of problems highlighted in a review into its £16.7m overspend on special educational needs and disabilities (SEND).

Car park operator collapses putting nearly 700 jobs at risk

17/03/2026

National Car Parks (NCP), one of the UK’s largest parking operators, has entered administration following financial pressures, putting 682 jobs at risk.

Call for integrating council tax support into universal credit

10/03/2026

Council tax support for working-age households could be integrated into Universal Credit to simplify the system and incentivise work, says think tank.

Report highlights £5.3bn in unspent developer funds held by councils

10/03/2026

MPs are set to be alerted to £5.3bn in unspent developer contributions currently held in local authority bank accounts, says Urban Mobility Partnership.

Council agrees £3k+ spend on new mayoral chains

10/03/2026

Harrogate Town Council is to spend over £3,500 on a new set of mayoral chains.

Havering urges Government to scrap loan interest

05/03/2026

Havering LBC is lobbying the Government to scrap the interest payments on its loans.

Alarm sounded over Shetland Islands Council's £134m budget black hole

04/03/2026

Shetland Islands Council faces urgent pressure to address a projected £134.3m budget gap by 2029/30, auditors have warned.

Council spends £220k sending council tax bills first class

04/03/2026

Somerset Council has spent an extra £220k sending out council tax bills by first class post after the Government delayed confirming the financial settlement.

Councils face £4bn temporary accommodation black hole, LGA warns

04/03/2026

The gap between what councils pay for temporary accommodation and what the Government reimburses them could balloon to nearly £4bn by 2029/30, LGA warns.

Spring Statement: OBR paints gloomy picture of council finances

03/03/2026

The Office for Budget Responsibility (OBR) has painted a gloomy picture for the future of local government finances.

£150,000 boost for public libraries in National Year of Reading

03/03/2026

The Government has announced a funding boost of up to £150,000 to support public libraries as part of the National Year of Reading 2026.

Councils face ‘capacity crisis’ of unspent developer funds

02/03/2026

Roughly £9bn in unspent developer contributions is being held by councils, the Home Builders Federation (HBF) has found.

Four in 10 of England’s councils to require bail outs

02/03/2026

Nearly 40% of English councils are likely or very likely to require exceptional financial support (EFS) within five years, according to the LGIU.

Minister raises ‘significant concerns’ over Somerset Council finances

26/02/2026

Minister Alison McGovern has raised ‘significant concerns’ about Somerset Council’s financial position in a letter responding to its request for support.

No agreement reached on Birmingham budget

26/02/2026

Members of Birmingham City Council have failed to reach agreement at the authority’s annual budget meeting.

Exceptional Financial Support increases

24/02/2026

Some 37 local authorities will be issued with £1.9bn in exceptional financial support (EFS), allowing them to use capital funding to cover day-to-day costs.

CIPFA warning over profit capping reforms

23/02/2026

Financial oversight and profit capping reforms to the children's residential care market may fail to reduce costs for local authorities, CIPFA has warned.

Government unveils £4bn SEND package

23/02/2026

The Government has announced a £4bn investment to expand specialist support for children with special educational needs and disabilities (SEND).

CCN: SEND transport costs could hit £3.4bn

18/02/2026

Councils have warned that the Government’s Schools White Paper must address spiralling special educational needs and disabilities (SEND) transport costs.

Treasury control over transport is stalling regional growth, IPPR warns

18/02/2026

Centralised Treasury control over transport spending is constraining regional growth, according to new research from the Institute for Public Policy Research.

Finance settlement raises ‘serious concerns’ for rural areas

17/02/2026

The body championing rural services warns the Government’s final local government finance settlement raises ‘serious concerns’ for rural communities.

Call for sustainable funding to support SEND spending

12/02/2026

Council spending on special educational needs and disabilities (SEND) has surged by more than £5bn in real terms over six years.

Scottish councils struggle to close budget gaps

10/02/2026

Councils in Scotland are struggling to balance their books following the announcement of the Budget.

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