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UK local government finance

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  • Friday, 26 February, 2021
    Edwin Heathcote
    Design cities around people, not dustbins

    British planning prioritises ease of rubbish collection over convivial communal spaces

  • Monday, 8 February, 2021
    At least 12 English councils in rescue talks as Covid hits finances

    Number could be ‘tip of the iceberg’, amid fall in revenue and loss of payments during pandemic, experts warn

  • Wednesday, 13 January, 2021
    Croydon bankruptcy offers cautionary tale for cash-strapped councils

    London borough’s £1.5bn debt plight points to wider crisis in UK local government

  • Wednesday, 9 December, 2020
    News in-depth
    England’s councils face austerity by stealth

    Sunak is giving local authorities extra flexibility to fund social care but council tax is struggling to replace central grants

  • Wednesday, 25 November, 2020
    UK local councils banned from making risky property bets

    Covid hit to asset values leaves authorities struggling after £7bn borrowing spree

  • Sunday, 22 November, 2020
    Inside BusinessJonathan Ford
    Local authorities need to be weaned off their debt addiction

    UK government has fuelled councils’ bad incentives to gamble on commercial assets

  • Tuesday, 10 November, 2020
    The FT ViewThe editorial board
    Green gilts can help to build a low-carbon future

    Move can boost environmentally-friendly finance market but UK government must do more

  • Sunday, 18 October, 2020
    Coronavirus economic impact
    ‘Unprecedented’ number of UK businesses seek rate cut

    Appeals against local levy climb as impact of pandemic on high street looks set to continue

  • Thursday, 8 October, 2020
    Derivatives
    Plymouth council makes first dive into swaps market 30 years after scandal

    UK local authorities were banned from such deals following 1990s case involving Hammersmith and Fulham

  • Promoted Content
  • Wednesday, 30 September, 2020
    English devolution
    Plans for further English devolution shelved until next year

    ‘Levelling-up’ agenda in question as shake-up of local government also scaled back

  • Wednesday, 26 August, 2020
    Croydon seeks government help amid crisis for councils

    Cash-strapped London borough expected to be first of many local authorities requesting bailouts

  • Tuesday, 18 August, 2020
    English councils hit by £2bn coronavirus funding shortfall

    Services will need to be slashed unless central government provides extra money, think-tank warns

  • Tuesday, 11 August, 2020
    Coronavirus economic impact
    Companies warn of collapse as English councils resume debt collection

    Move will hit businesses that missed out on government support schemes particularly hard

  • Wednesday, 15 July, 2020
    English devolution
    Council mergers will be price for elected mayors, minister says

    Proposals would be biggest reorganisation of English local authorities for 35 years

  • Thursday, 2 July, 2020
    English councils warn latest Covid funding still falls short

    Authorities say estimated £2.5bn package not enough to prevent service cuts and financial failures

  • Tuesday, 23 June, 2020
    InterviewFTfm
    Rachel Elwell on protecting the pensions of front line workers

    Chief of Border to Coast pension pool says public sector employees deserve proper retirement benefits

  • Monday, 22 June, 2020
    The Art of Fashion
    Art of Fashion: jewellery

    Lucia Silvestri reflects on four decades at Bulgari, fashion designers photograph their jewellery and George Easton dreams up jewels for ‘The Crown’

  • Thursday, 11 June, 2020
    UK schools
    Schools to close over summer for frontline UK workers’ children

    Calls for government funding for holiday schemes as pressure maintained to get pupils back in classrooms

  • Monday, 25 May, 2020
    Liverpool’s £241m Covid-19 deficit poses threat to local services

    Council leaders urge government to release further emergency funding to ease pressures

  • Friday, 22 May, 2020
    News in-depthUK business & economy
    Revealed: an Essex council’s £1bn borrowing spree to fund investment in solar power

    Thurrock has used loans from 150 other UK local authorities and pension schemes to fund its renewable energy assets

  • Wednesday, 20 May, 2020
    Treasury set to curb property investments by councils

    Local authorities looking to offset funding cuts have been exposed to sector hit by lockdown

  • Friday, 1 May, 2020
    News in-depthUK politics & policy
    Slow testing response shows UK central government needs to let go

    Germany’s federal system has underlined the importance of local decision-making in crisis

  • Thursday, 30 April, 2020
    Barnsley and Westminster combine to rev up UK muni debt market

    Group of 30 councils plans to issue bonds this year through Municipal Bonds Agency

  • Wednesday, 29 April, 2020
    Westminster loses battle over pension fund investments

    Court rules government guidance that bans boycotts against foreign countries is unlawful

  • Tuesday, 28 April, 2020
    English councils plead for £10bn to cope with coronavirus

    ‘Cast-iron guarantee’ sought that impact of rising costs and falling revenues will be met

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