Finance

Council services ‘declining’ due to £5bn funding gap, MPs say

21/08/2019
MPs have accused the Government of being ‘derelict in its duty’ by failing to set out a funding settlement that would ease the pressure on frontline services.

Finance News

Council-owned solar farm generates £1.2m for frontline services

14/08/2019

One of the largest local authority owned solar farms in the UK has exceeded expectations and generated more than £1.5m of income in its third year – around £100,000 more than anticipated.

Councils face more funding uncertainty

14/08/2019

‘Indicative numbers’ for the amount councils will receive in 2020/21 will not be published before next month’s Spending Review, the Ministry of Housing, Communities and Local Government (MHCLG) has admitted after it missed a self-imposed deadline.

High street retailers call for reform of ‘broken’ business rates

13/08/2019

Over 50 high street retailers have signed a letter calling on Chancellor Sajid Javid to reform the business rates system.

Areas worst affected by violence awarded £35m

13/08/2019

The 18 areas most affected by serious violence have been awarded £35m by Prime Minister Boris Johnson.

Government activates emergency funds for flood-hit councils

12/08/2019

The Government has activated an emergency fund for councils affected by flooding.

Funding doubled for on-street electric car charging

12/08/2019

Local authorities will have access to an extra £2.5m to install chargepoints on residential streets.

Chancellor announces fast-tracked Spending Review

09/08/2019

The Government will rush through a one-year Spending Round to help prepare for Brexit.

Welsh councils warn of ‘financial tipping point’ due to cuts

08/08/2019

Six North Wales council leaders have written to the Welsh government warning them that without a change to the way local government is funded, there will be ‘substantial cuts’ to front line services.

Three UK cities up for European Capital of Innovation 2019

07/08/2019

Three UK cities have made the shortlist for receiving the title of European Capital of Innovation 2019.

Majority of top 1% of earners in South East, study reveals

06/08/2019

More than half of the top 1% of earners in this country live in London and the South East, new research has revealed.

Two Black Country stations to reopen thanks to £10m grant

06/08/2019

Two stations are to be reopened in the Black Country thanks to a £10m Government grant after being closed for nearly half a century.

Whitehall commits £20m to help councils prepare for Brexit

05/08/2019

Council chiefs have welcomed the Government’s announcement that £20m will be made available to help with Brexit preparations, but warned there are still ‘information gaps’ relating to the UK’s exit from the EU.

Whitehall urged to develop £10bn ‘regeneration strategy’

02/08/2019

The Government should develop a £10bn ‘national regeneration strategy’ to help boost towns and cities across the North and Midlands, a new study says.

Adult education budget devolved to six combined authorities

01/08/2019

Six mayoral combined authorities and the GLA will be responsible for the adult education budget in their areas from today, the Government has announced.

Chancellor announces £2.1bn to prepare for ‘no-deal’ Brexit

01/08/2019

Sajid Javid has announced a £2.1bn cash boost in order to prepare the UK for a no-deal Brexit.

Khan announces £1.1m sports funding to tackle crime

01/08/2019

London mayor Sadiq Khan has announced £1.1m funding for sports groups as part of a drive to stop young people getting involved in crime and violence.

Towns to receive £3.6bn to ‘level up’ power across England

29/07/2019

Local authority leaders have welcomed the prime minister’s announcement that 100 towns will receive £3.6bn in funding, but warned councils still face an £8bn funding gap.

Combined authority asked to approve £6.6m museum grant

26/07/2019

A national children’s museum is set to get a boost after the Liverpool City Region Combined Authority is asked to approve a grant for up to £6.6m.

Corbyn promises £3.5bn for tidal power scheme

26/07/2019

The Labour Party has announced plans to invest £3.5bn into the Mersey Tidal Power Project as part of a ‘green industrial revolution’ to give the North an economic boost.

Counties publish five-point plan for local government

26/07/2019

Councils need an emergency cash injection targeted at areas most in need, the County Councils Network (CCN) has said today.

Plans to hike business rates in the West Midlands dropped

24/07/2019

Businesses in the West Midlands will breath a sigh of relief after an announcement that a planned business rate hike is unlikely to go ahead.

Welsh councils call for ‘clarity’ over post-Brexit funding

24/07/2019

Clarity over future funding arrangements is crucial to ensure support for rural communities in Wales after Brexit, councils have warned.

Three projects secure funding to increase flood resilience

23/07/2019

Three projects will receive up to £700,000 each to research and test ways to make homes more flood resilient.

Financial risk for children's services across London is 'unsustainable'

22/07/2019

Children’s services across London are facing an unsustainable level of financial risk, a new report commissioned by London Councils has warned.

Neighbourhood services cut by £8.9bn

22/07/2019

Funding for neighbourhood services across Britain has fallen 27% over the last decade, according to new research.

Rural councils call for end to 'systemic bias' in public finance

22/07/2019

The Government has been urged to end 'systemic bias' when allocating public funding by a new coalition of council chiefs and MPs.

MPs call for £1bn funding boost to fix 'broken' education system

19/07/2019

The Government has been urged to invest £1bn for schools and colleges to fix the 'broken' education funding system by the Education Committee.

Council chiefs warn SEN reforms will ‘break’ their budgets

19/07/2019

County council leaders have warned that reforms to expand special educational needs (SEN) services will ‘break’ their budgets.

Report explores how public donations could protect future of parks

18/07/2019

Charitable donations could help protect the future of the UK’s parks and green spaces, a new report has found.

Universal Credit draining council resources

15/07/2019

Universal Credit (UC) is draining resources from councils, a new survey has found.

Next PM has ‘100 days’ to save local government

15/07/2019

A think tank has called on the next Prime Minister to announce a one year emergency local government finance settlement during their first 100 days in office.

Council backs campaign for procurement reform

11/07/2019

Oxford City Council has become the first authority to back a fair tax campaign.

Kent CC warns of ‘dire’ £14m SEND deficit

11/07/2019

Kent County Council has warned it is facing a 'dire' £14m financial deficit for the cost of special needs education provision.

Brokenshire announces review of local finance audits

11/07/2019

A review of the way local authority finances are audited will focus on whether problems are being spotted early enough.

Sheffield CC drops £1bn China deal

10/07/2019

Sheffield City Council is hoping to maintain business links with a Chinese construction firm despite a £1bn deal being dropped.

‘Well-run’ council faces £15m budget gap

10/07/2019

A council claiming to be one of the best-managed in the country has warned it must have more Government money if it is to provide a 'decent level of services'.

London councils call for delay of funding ‘overhaul’ until after Brexit

09/07/2019

A group of local authorities have called on the Government to delay the overhaul of how councils are funded until uncertainty over Brexit lifts.

Court date set for councils' £2bn tax dispute with NHS trusts

08/07/2019

A court date has been set for the long-running legal dispute between councils and NHS trusts over rates relief.

Funding cuts could have paid for eight million pothole repairs, council chiefs say

08/07/2019

Council leaders have called for more cash after calculating money cut from road funding budgets over the last decade could have fixed millions of potholes.

Councils face losing £5.3bn EU funding in just 18 months

05/07/2019

More than £5bn in regional aid funding will run out in 18 months, councils leaders have warned.

Council to refund hundreds of incorrect parking fines

04/07/2019

Hundreds of parking fines are to be repaid after a council discovered it had imposed them on motorists using free car parks.

Crisis-hit Northants delivers balanced budget with £4.5m underspend

03/07/2019

Northamptonshire County Council yesterday announced it had delivered a balanced budget for this financial year with an underspend of £4.5m.

Nearly £400m to be invested along the English and Scottish border

02/07/2019

Just under £395m is to be invested into five local authority areas on both sides of the border between England and Scotland, Whitehall and Holyrood say.

One in three councils fear funding for legal duties will 'run out’

02/07/2019

A third of councils fear they will run out of funding to provide statutory services, such as adult social care, by the end of this Parliament, survey reveals.

MPs call for five-year funding to tackle 'plague of potholes'

01/07/2019

Councils should receive a front-loaded, five-year funding settlement to repair local roads, MPs have argued today.

Birmingham City Council and Amey reach £300m deal

01/07/2019

Birmingham City Council has reached an agreement with Amey which will allow the outsourcing company to buy its way out of its highways contract for £300m.

Councils set to make £1bn profit from parking

01/07/2019

Local authorities in England are predicting that they will make £913m of profit from their parking activities this financial year, although the real figure might be nearer £1bn.

Councils save over £1bn by sharing services, council chiefs say

26/06/2019

More than a billion pounds of taxpayers’ money has been saved by councils sharing services, the Local Government Association has calculated.

EXCLUSIVE: Victory on variation

26/06/2019

The Treasury’s view of children’s services has been dealt a further blow after research linked 70% of spend variation to factors outside councils’ control.

Post-Brexit free trade zones could ‘rebalance the economy’, think tank claims

25/06/2019

Whitehall should establish free trade zones in most deprived areas after Brexit in order to incentivise growth and rebalance the economy, think tank argues.

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