All the updated news related to government finance

All the news related to government finance updated in real time

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Analysis shows absence of levelling up in council funding

Large disparities in the core spending power of councils in the poorest and wealthiest areas caused by previous austerity measures have only marginally narrowed in the last two years, new analysis shows. Data shared exclusively with the PA news ...

15 Feb 2023 at 13:39

Councils warn Chancellor of widespread bankruptcies without funding boost

Councils say they are “staring down the barrel” financially, as new analysis suggests they will be limited to being “little more than care services” by the end of this Parliament without a boost to resources. In another dire warning of the ...

03 Oct 2024 at 00:01

Scotland

‘Difficult decisions’ required to secure public services, auditor warns

The Scottish Government will have to take “difficult decisions” to secure a sustainable future for public services, the country’s public sector watchdog has said. In a report about the Government’s accounts, Auditor General Stephen Boyle ...

10 Oct 2024 at 17:17

Councils warn of acute pressures despite funding boost next year

Urban and rural councils have warned that the increase in funding next year announced by the Government will not relieve acute pressures on local services. Changes to the draft local government finance settlement included a £700 million ...

19 Dec 2024 at 12:11

Analysis shows nine in 10 areas facing maximum council tax rise in England

Analysis shows nine in ten areas facing maximum council tax rise

A vast majority of councils have signalled they will apply a maximum council tax increase of at least 4.99% this year, it has emerged. Figures for the 139 top-tier authorities in England that have proposed or confirmed increases so far ...

19 Feb 2025 at 16:56

Local News

North Midlands Credit Union joins the Home Energy Upgrade Loan scheme

North Midlands Credit Union is the latest lender to join the Government-backed Home Energy Upgrade Loan Scheme. North Midlands Credit Union is now taking applications for the loan, with interest rates starting from 4.2%. North ...

14 Apr 2025 at 10:33

Few households avoid third year of maximum council tax hikes as plans approved

A majority of households in England are facing a third year of maximum council tax hikes after all councils confirmed their plans. Nearly nine in 10 (88%) of 153 upper-tier authorities in England will impose a 4.99% increase ...

17 Mar 2025 at 07:03

MPs warn public sector accounts were undermined by local audit backlog

Unreliable data in government accounts has resulted in income and debt being overstated by tens of billions of pounds while undermining transparency and financial oversight, it has emerged. A report on the whole of ...

19 Mar 2025 at 08:54

Fact check: 2025 spending review claims

This round-up of claims from the 2025 spending review has been compiled by Full Fact, the UK’s largest fact checking charity working to find, expose and counter the harms of bad information. On Wednesday ...

11 Jun 2025 at 20:47

MPs call for local authorities to be handed control of council tax

Councils should be given control over council tax as the current broken link between the local charge and the quality of services risks undermining local democracy, MPs have warned. An inquiry into the ...

23 Jul 2025 at 00:01

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