Finance

Cornwall first to pass on COVID-19 funding to local councils

07/08/2020
Cornwall Council is set to be the first to pass on government funding to parish and town councils affected by the coronavirus crisis.

Finance News

Leicester calls for permission to spend unallocated grant money

22/07/2020

Leicester City Council has asked for permission to use £10m of unallocated business grants to help struggling local businesses after its lockdown was extended.

London boroughs face £23m rent arrears due to Universal Credit

22/07/2020

The rollout of Universal Credit is leading to thousands of council tenants falling behind on rent payments, new research commissioned by London Councils has found.

Government launches Spending Review

21/07/2020

Chancellor Rishi Sunak has warned of ‘tough choices’ as he launched the Comprehensive Spending Review.

Scheme finds billions in benefit fraud

21/07/2020

A government scheme has detected nearly £2bn in benefit fraud and overpayments since it was set up, new figures show.

Jenrick unveils extra funding to help house vulnerable people

20/07/2020

Councils are being encouraged to apply for the government’s £266m fund to help vulnerable people move into long-term accommodation.

Councils call for clarity on income guarantee

17/07/2020

Council leaders have urged the Government to provide further details on the promised compensation for loss of income due to the pandemic.

Council launches UK’s first local government green bond

16/07/2020

The UK’s first local government green bond has been launched by West Berkshire Council.

OBR issues warning on soaring care and council costs

14/07/2020

Soaring costs for adult social care along with indebted local authorities struggling to balance their budgets post-virus are among the key risks to the Government's spending plans warns the Office for Budget Responsibility (OBR) today.

Calls to devolve £5.2bn flood defences funding

14/07/2020

Councils have called for funding for flood defences to be devolved to local areas, after the Government announced its new long-term plan to tackle flooding in England.

Councils issue warning over £730m of unspent EU funding

13/07/2020

Nearly a quarter of the European Social Fund is at risk of being sent back to Brussels, the Local Government Association (LGA) has said.

Councils yet to hand out £1.7bn of business grant money

09/07/2020

Councils are yet to distribute £1.7bn of funding given to them to support small businesses through the pandemic, new figures have revealed.

Chancellor unveils his three-part plan for jobs

08/07/2020

Chancellor Rishi Sunak has announced the next phase of his plan to ‘protect, support and retain’ jobs in the aftermath of the coronavirus pandemic.

Call for £5.5bn to level up access to urban green spaces

07/07/2020

The prime minister has been urged to invest £5.5bn to 'level up' access to urban green spaces by a coalition of councils, city leaders and charities.

Government unveils £1.57bn rescue package for arts and culture

06/07/2020

The Government has announced a £1.57bn funding package to help cultural and heritage organisations survive the coronavirus crisis.

A fifth of people would pay more council tax to fix potholes

03/07/2020

A fifth of people would be prepare to pay an extra 10% in council tax to help cover the cost of road improvements, a new poll has shown.

Ministers urged to create a 'green bank'

03/07/2020

Ministers have been urged to create a Green Bank to fund climate change investment as part of the Government’s multi-billion pound infrastructure investment programme announced earlier this week.

Jenrick announces more cash, income compensation and tax delay

02/07/2020

Local government secretary Robert Jenrick has announced more cash and new ways councils will be reimbursed for income lost as a result of coronavirus.

Nurseries in most deprived areas most risk from closure, report reveals

02/07/2020

A third of nurseries in the most disadvantaged areas may be forced to close down permanently due to the impact of the coronavirus pandemic, a new report has warned.

COVID funding gap hits £7.4bn, LGA estimates

01/07/2020

The funding gap created by COVID-19 now stands at £7.4bn, the Local Government Association has said.

Johnson launches planning reforms to help 'build, build, build'

30/06/2020

Boris Johnson is expected to bring forward £5bn of investment in hospitals, roads and schools later today.

Johnson announces £1bn school building programme

29/06/2020

Prime minister Boris Johnson has committed £1bn to build 50 new schools over the next ten years.

Eight in ten councils can't meet Covid-19 costs, report warns

24/06/2020

More than eight out of ten upper tier councils in England do not have enough money to cover the extra costs and reduced income caused by coronavirus, a report has warned today.

£105m funding boost to help homeless off the streets after lockdown

24/06/2020

Ministers have unveiled a further £105m of funding to help keep rough sleepers off the streets after the pandemic.

Scots councils to get COVID cash top up

23/06/2020

The Scottish Parliament has agreed to top up its funding to councils to deal with the coronavirus crisis.

Council launches petition over coronavirus funding promise

23/06/2020

Redbridge Council has launched a petition urging the Government to honour its promise to fully compensate local government for all Covid-19 related costs.

IFS urges government to relax the rules on council finance amid crisis

22/06/2020

Finance experts have called on the Government to temporarily relax rules that prevent councils borrowing to cover day-to-day spending as they deal with the coronavirus crisis.

Coronavirus has turned 'financial cracks into craters'

18/06/2020

The new president of the Northern Ireland Local Government Association (NILGA) has warned that coronavirus has turned ‘financial cracks into craters’.

Nearly two thirds of families on Universal Credit stuck in debt ‘nightmare’

18/06/2020

Two charities have called on the Government to increase the child element of UC by £20 to help struggling families ‘stay afloat’ during the Covid lockdown.

Combined authority 'spending reserves like it's going out of fashion'

17/06/2020

Greater Manchester Combined Authority’s chief executive has expressed doubts about whether his region would be able to cope with a second wave of coronavirus infections.

Leeds council concerned £200m of Covid costs will lead to cuts

17/06/2020

The leader of Leeds City Council has called for urgent Government support as the costs of coronavirus in the city approaches £200m.

Art charity announces £2m to support museums and galleries

17/06/2020

Museums and art galleries are to receive a much needed funding boost to help them weather the impact of Covid-19.

Khan warns of ‘significant cuts’ to deal with economic impact of Covid

17/06/2020

London Mayor today warned that he will be ‘left with no choice’ other than to make cuts unless the Government acts to support local and regional authorities.

Council chiefs call for action to resolve £6bn Covid-19 crisis

16/06/2020

Local authority leaders have urged the Government to provide detailed plans on how to ensure the financial stability of cash-strapped councils.

Magnox agrees cash grant to Dorset Council

15/06/2020

Dorset Council has received a £25,000 cash grant from a nuclear decommissioning company to help support vulnerable people.

Government urged to fast-track beach safety funding

15/06/2020

Council leaders have called on the Government to fast-track funding to improve beach safety as people head to the coast during the good weather.

Pension ‘superfunds’ could aid post-Covid recovery, think tank says

15/06/2020

Pension ‘superfunds’ should be created to invest in infrastructure as part of Britain’s post-Covid recovery, a think tank has argued.

Business rates grant money could be clawed back, says IFS

14/06/2020

Central government funds given to councils to pay for grants and business rates waivers may have to be paid back if it is unspent, a finance think tank has claimed.

Test and trace funding allocated to councils

12/06/2020

Local authorities across England have been allocated a share of £300m to support new test and trace services.

CIPFA issues temporary s114 guidance

11/06/2020

Council finance chiefs have been given new guidelines for dealing with financial collapse during the coronavirus crisis.

Johnson to launch £63m local welfare assistance fund

11/06/2020

The prime minister has announced the creation of a £63m local welfare assistance fund to support the most vulnerable families.

Councils call for leisure bail out

09/06/2020

District councils have called on the Government to bail out cash-strapped leisure centres as they face permanent closure because of lack of income due to the coronavirus shutdown.

Funding boost for councils caring for asylum seeking children

09/06/2020

Councils will receive increased funding to look after children seeking asylum, the Government has said.

Councils call for access to cheaper short-term loans

05/06/2020

Councils should have access to short-term loans with delayed repayments to help them through the coronavirus pandemic, the Local Government Association (LGA) has said today.

Homes England agrees deals worth £300m

04/06/2020

Homes England has agreed three funding packages worth £300m to deliver 20,000 homes across the capital.

Councils on deadline to secure first tranche of active travel cash

04/06/2020

Local authorities are on their last chance to secure a slice of the first tranche from the £225m emergency active travel fund, with the deadline for completing the form tomorrow.

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.

Think tank calls for £100bn investment in the North's nature

01/06/2020

The Government has been urged by a think tank to invest up to £100bn over the next 25 years to create a plan for nature in the North of England.

Councils will need £6bn to balance budgets this year, says LGA

29/05/2020

Councils will need another £6bn to cover the costs and lost income caused by the coronavirus crisis, the Local Government Association (LGA) has warned.

Core Cities warns Covid-19 funding is 'wholly inadequate'

27/05/2020

City leaders have warned councils are facing a £1.6bn funding gap due to coronavirus costs.

New £50m fund to help councils open high streets safely

26/05/2020

Councils will have access to a £50m fund to help prepare for the safe reopening of high streets and other retail spaces.

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Participatory budgeting

Evgeny Barkov explains what participatory budgeting means and how it can reveal what citizens need.
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Essex County Council
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Essex County Council (ECC) is one of the largest and most dynamic local authorities in the UK, serving a population of 2 million residents, and has a England, Essex, Chelmsford
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Essex County Council
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Barnet London Borough Council
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