commercial investment

Northumberland issues s114 over unlawful finances

23/05/2022

Northumberland CC has issued a section 114 notice for unlawful expenditure – including allowances paid to its chief executive Daljit Lally.  

DLUHC 'almost wilfully blind' to state of local government finances warn MPs

31/01/2022

A ‘chronic’ lack of funding for council services amid soaring demand means many communities face a ‘long slog’ out of the COVID-19 pandemic, MPs warned today.

Council-backed energy firm collapses

18/01/2022

Together Energy has announced today it has ceased trading, exposing Labour-led Warrington Council to heavy financial losses.

Middlesbrough Council purchases £12m shopping centre

12/01/2022

Middlesbrough Council has acquired a multi-million-pound shopping centre as part of a drive to secure the town centre's long-term future.

Council-backed energy firm close to collapse

05/01/2022

Together Energy, which is 50% owned by Warrington Council, is close to running out of funding, according to reports.

Croydon returns to drawing board on regeneration plans

17/08/2021

The council maintains delayed plans to develop a Westfield shopping centre are going ahead, despite planning permission for the development having expired.

CIPFA to publish strengthened local government Prudential Code

25/06/2021

A new code of practice to ensure local authorities’ financial plans are 'affordable, prudent and sustainable' will be published by the end of the year.

Councils urged to 'sharpen commercial edge'

15/06/2021

A new report has argued that allowing councils to sharpen their commercial edge will ‘unlock immense latent place potential’ and help ‘galvanise recovery’.

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.

Nottingham agrees governance overhaul

28/08/2020

The council will implement a raft of measures in a bid to improve oversight of its companies after its energy firm incurred a £24m loss.

Ministry was 'blind' to council investment risks says watchdog

13/07/2020

Ministers have been blind to the risk of commercial investments by councils, Parliament’s spending watchdog has claimed.

Council to sell Bristol Energy

03/06/2020

Bristol City Council has given the go-ahead to put its loss-making energy company up for sale.

Flybe collapse hits council-owned airports

05/03/2020

The airline entered administration this morning, leading to the grounding of all flights.

London borough rejects insourcing children’s services

11/12/2019

Kingston LBC had considered returning services from a wholly-owned company when their contract ends in 2021.

Portsmouth’s energy firm sale falls through

29/08/2019

Portsmouth City Council has admitted defeat in its search for a buyer for its energy company.

Council buys office to generate income

15/04/2019

South Cambridgeshire DC has made a £13m investment in a high-quality office building to generate an initial net return of around 5.6%.

Harrogate to launch housing company

07/03/2019

Harrogate BC’s housing company will be up and running next month.

Reform outsourcing to avoid £30bn bill, think-tank warns

30/10/2018

Bringing outsourced services in-house would cost local government billions, a think-tank has calculated.

Channel 4 announces list of potential locations for new national headquarters

24/07/2018

Channel 4 has announced that Leeds, Greater Manchester and Birmingham are still in the running to host its new national headquarters.

Councils spend £3.8bn on commercial property, study reveals

12/04/2018

Local authorities spent nearly £4bn on commercial property assets in recent years, a new study into the issues facing the UK’s town centres has revealed.

Councils lack PFI management skills, claims report

18/01/2018

Local authorities lack the skills necessary to manage Private Finance Initiative (PFI) contracts and risk not getting the best value for money, new research has warned.

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Highways jobs

Payroll Administrator

Northumberland County Council
£20,444 - £22,129
Northumberland County Council operates a huge range of services across one of the largest counties in the UK. Northumberland
Recuriter: Northumberland County Council

Specialist Advisory Teacher - Developmental Language Disorder

Cumbria County Council
Teachers Pay and Conditions
An exciting opportunity has arisen for a new colleague, who is a qualified teacher, with expertise and experience of developmental language delay. Penrith, Cumbria
Recuriter: Cumbria County Council

ASYE Occupational Therapist - Long Term Intervention Team Kendal

Cumbria County Council
£28,226 – £29,174
We are looking for newly qualified Occupational Therapy professionals, who are passionate about their vocation and would like to join our team. Cumbria
Recuriter: Cumbria County Council

Social Worker - Long Term Intervention Team

Cumbria County Council
£31,895 – £32,798
Following an exciting and ambitious programme of change within Adult Social Care. Cumbria
Recuriter: Cumbria County Council

Strategic Communications Executive

Lancashire County Council
£30,095-£34,373
Do you believe in the power of communications to bring about change? Preston, Lancashire
Recuriter: Lancashire County Council

Partner Content

Circular highways is a necessity not an aspiration – and it’s within our grasp

Shell is helping power the journey towards a circular paving industry with Shell Bitumen LT R, a new product for roads that uses plastics destined for landfill as part of the additives to make the bitumen.

Support from Effective Energy Group for Local Authorities to Deliver £430m Sustainable Warmth Funded Energy Efficiency Projects

Effective Energy Group is now offering its support to the 40 Local Authorities who have received a share of the £430m to deliver their projects on the ground by surveying properties and installing measures.

Pay.UK – the next step in Bacs’ evolution

Dougie Belmore explains how one of the main interfaces between you and Bacs is about to change.