Borrowing to benefit the environment
West Berkshire Council has launched the UK’s first Community Municipal Investment, enabling access to cheaper borrowing rates for environmentally focused projects. Joseph Holmes explains.
Mind the gap in Scotland
The latest figures show Scotland’s deficit between income and spending compared to the deficit for the whole of the UK has widened. Michael Burton delves into the statistics.
Council leaders welcome £12bn affordable housing fund
Local authority leaders have welcomed the Government’s affordable housing funding announcement, but called for more powers to deliver social homes in their areas.
Local authority pension fund invests £150m in rental housing
An investment manager for local authority pension funds has invested £150m in private rental housing provider Get Living.
Reckless councils are the exception, not the rule
Government should come down hard on financially reckless local authorities who lack good governance, says Cllr Chris Criscione – ‘but without ruining it for others who just want to build a better council for their residents’
Our plan to aid economic recovery by reimagining Waltham Forest’s future
Martin Esom says Waltham Forest’s Economic Recovery Action Plan is built around three key phases – and the ambitious plans for housing will not fall by the wayside.
It's time for a serious, adult conversation on future funding
While the Government is right to caution against councils overexposing themselves on commercial investments, it needs to recognise its own role in creating this situation, according to Claire Kober.
Call for exercise boom to continue
Paralympian champion Baroness Tanni Grey-Thompson has made a rallying call for the exercise boom to continue after lockdown.
Bright future for the West Midlands
Growth in the West Midlands has been badly impacted by COVID-19, says Deborah Cadman – but she believes the region also has ‘one of the greatest potentials to recharge and grow in 2021’.
Walking and cycling plea to avoid 'car-mageddon'
A senior councillor has warned against a ‘car-mageddon’ recovery post-lockdown as he urged the sector to invest in walking and cycling.
Boris sets off on the COVID comeback trail
Boris Johnson’s speech in Dudley was ‘a mastery of political tub-thumpery’, says Heather Jameson. ‘But beyond the soundbites, much of the PM’s speech was a rehash of manifesto commitments and pre-announced cash.'
Kick-starting the drive for homes
Cllr Paul Carter sets out themes and critical actions identified in a new essay collection for a housing-led recovery, commissioned by Localis.
Redefining the geography of levelling up
The Red Wall of traditionally Labour-voting areas are not the only places that need support, says Rosie Stock Jones. Many of the most vulnerable communities are also in London and the South East.
Council pension funds to 'double down' on corporate governance
Council pension fund investors have vowed to ‘double down’ on demanding the highest standards of corporate governance from boards despite the pressures caused by COVID-19.
Warning over coronavirus and commercial investment cocktail
Worried finance chiefs have warned some councils that invested in commercial property have been put at increased risk by the coronavirus pandemic.
Jenrick: Government will not pick up the bill for everything
Communities secretary Robert Jenrick has warned the sector that the Government will not pick up the bill for every coronavirus-related cost to councils.
Council approves UK's first community municipal investment
West Berkshire Council voted last night to approve the UK’s first community municipal investment (CMI).
De-risking plans to build more council houses
Risk-modelling techniques such as horizon scanning could help social housing developers to prepare for the changes that lie ahead, while protecting future supply, says Bob Hide.
MPs launch inquiry on local authority commercial investment
An inquiry examining investments in commercial property by councils has been launched by the public spending watchdog.
Transparency tools made available to pension schemes
The first standalone system to provide information on costs from different investment managers to every local government pension scheme (LGPS) and pool has been made available.