Laura Sharman 12 May 2016

Government looks to 'streamline' lending to local authorities

Government looks to streamline lending to local authorities image

The Government has pledged to modernise lending to local authorities, and has begun consultation on transferring the powers of the Public Works Loan Board (PWLB) to the Treasury.

The Government claims the move would increase the efficiency of lending to local government and create greater accountability to ministers.

‘As local government continues to gain further decision-making powers, it’s right that we consider whether the governance, composition and status of the PWLB is fit for the twenty-first century,’ said economic secretary to the Treasury, Harriett Baldwin.

‘The reforms set out in today’s consultation will create a more streamlined and up-to-date governance arrangement. The government’s preferred option to transfer the functions of the Public Works Loan Board to HM Treasury, will secure greater accountability to ministers and enhance the efficiency and effectiveness of central government lending to local authorities.’

Under the proposals, responsibility for setting loan rates and repayment terms will transfer to the Treasury.

Time for a council tax precept to fund CCTV image

Time for a council tax precept to fund CCTV

The crisis in funding for CCTV systems is not being addressed by the government or the police and is leading to the curtailment of this vital service in local authorities across the country. How can we ensure that communities that want this service continue to receive it, asks Tom Reeve.
SIGN UP
For your free daily news bulletin
Highways jobs

Income Recovery Officer x3

Telford & Wrekin Council
£24,982 - £29,577 per annum
The Service is responsible for managing, monitoring and recovering arrears of rent and other housing related charges from current and former tenants. Sandwell, West Midlands
Recuriter: Telford & Wrekin Council

Casual Leisure Assistant

Telford & Wrekin Council
£9.50 per hour
The successful candidate will be responsible for whilst on shift
Recuriter: Telford & Wrekin Council

Transformation Manager

Brent Council
£57,171 - £60,396 p.a. inc.
We are looking for someone who has... Wembley, London (Greater)
Recuriter: Brent Council

Director of Local Delivery (Children & Families)

Essex County Council
Up to £108000 per annum + including market supplement
Director of Local Delivery (Children & Families)Permanent, Full Timeup to £108,000 per annum including market supplement Location
Recuriter: Essex County Council

Adult Occupational Therapists - Chelmsford

Essex County Council
£32065 - £43839 per annum
Adult Occupational Therapists - ChelmsfordPermanent, Full Time£32,065 - £43,839 per annumLocation
Recuriter: Essex County Council

Public Property

Latest issue - Public Property News

This issue of Public Property examines how how flexible workspaces can lead the way in regeneration for local authorities, Why local authority intervention is key to successful urban regeneration schemes and if the Government’s challenge of embracing beauty is an opportunity for communities.

The March issue also takes a closer look at Blackburn with Darwen Council's first digital health hub to help people gain control over health and care services.

Register for your free digital issue