Title

FINANCE

Appointments could spark finance review, says CIPFA chief

The appointment of a new chief executive, finance director or political leader could provoke an independent review of finances under plans mooted by Rob Whiteman.

The appointment of a new chief executive, finance director or political leader could provoke an independent review of finances under plans mooted by Rob Whiteman.

Following a spate of council collapses, the Charted Institute of Public Finance and Accountancy (CIPFA) chief executive claimed the recruitment – or election – of new personnel could provoke a resilience review in a bid to catch failures before they happen.

Writing in The MJ this week, the CIPFA boss also raised concerns that too many financial failures could risk ‘normalising' section 114 notices.

He said there was risk of a ‘double hazard,' with councils no longer fearing the stigma of a s114 and central Government increasingly concerned that bailing out authorities could incentivise risk.

Mr Whiteman warned a subsequent stand-off between central and local government could provoke ‘game of chicken that will end with some flattened and bloodied feathers'.

The CIPFA boss suggested several more councils were now edging closer to collapse due to rising pressures.

But he added it was still those that were over-optimistic with their budgets or with poor governance that currently risked s114 notices.

While more councils may still go bust due to commercial investments made before rules were tightened, Mr Whiteman said he believed excessive risk had now been curbed, and pressure from adults' and children's social care may be more of a problem.

He continued: ‘I see some councils that could avoid failure but are still not taking that critical first step.

‘Sooner or later we will reach a point when a well-managed authority, whose costs benchmark well and resources [are] managed effectively, hits the buffers through a lack of funding to meet service demands.'

After a spate of councils issuing s114 notices, Rob Whiteman looks at what has been done so far in response and details the further reforms he wants to see

FINANCE

The Top 10 councils powering ahead on productivity

By Ann McGauran | 05 February 2026

Local government’s leadership may be dealing with a maelstrom of challenges, but the councils whose productivity performance has earned them a place in the I...

FINANCE

Why we need to support local leaders

By Steve Wilson | 05 February 2026

Councils are in danger of getting stuck in a cycle of short-term fixes and rising instability unless leadership is properly supported, as Steve Wilson explains.

FINANCE

LGA to review restructure as chief takes leave of absence

By By Heather Jameson | 05 February 2026

The Local Government Association (LGA) is to commission an ‘independent external review’ of its restructure plans in the wake of chief executive Joanna Killi...

FINANCE

Love your lawyers

By Heather Jameson | 04 February 2026

In an increasingly complex world, the role of a monitoring officer is tough. It can be isolating, exposed and difficult. Rachel McKoy tells Heather Jameson ...

Heather Jameson

Popular articles by Heather Jameson