Room 151

Room151 is delighted to announce a major update to MyCouncil, its powerful one-stop platform for financial insight into the UK local government sector. The latest update gives subscribers fast, comprehensive access to the key financial planning documents for every council in England and Wales. MyCouncil brings together the essential documents and data needed to understand the financial outlook for local government.

Skip to Main Content (Shutterstock) Councils in England are facing a £7bn funding gap by 2028/29, according to Local Government Association (LGA) analysis. Please subscribe or upgrade your membership. To continue reading this article please sign in below or subscribe to our site.

The discussion around place-based impact investing within the LGPS is being reshaped, especially in the context of the UK government’s Fit for the Future reforms, which encourage pension funds to increase investment within their local and regional economies.

The trend towards short-term borrowing could leave local authorities vulnerable to greater interest rate risk, Arlingclose director David Blake has warned. Please subscribe or upgrade your membership. To continue reading this article please sign in below or subscribe to our site. Subscribe According to the latest government data, short-term loans from local government have risen 5% year on year to reach £11.4bn. Blake told the latest

Skip to Main Content The sharing of corporation tax, alongside income tax, with local government should be prioritised as the government sets out its next steps towards fiscal devolution, a leading think tank has said. Please subscribe or upgrade your membership. To continue reading this article please sign in below or subscribe to our site.

The LGPS could be given greater flexibility on responsible investment as the government attempts to reconcile politically divided funds into eight mandated pools Please subscribe or upgrade your membership. To continue reading this article please sign in below or subscribe to our site. Subscribe New guidance released by the UK government offers LGPS funds more latitude on responsible investment but simultaneously reinforces restrictions on country- and company-level divestments.

Skip to Main Content Significantly more English local authorities have met the annual statement of accounts deadline than in recent years, according to research by Room151. Please subscribe or upgrade your membership. To continue reading this article please sign in below or subscribe to our site. Subscribe By 30 June, 261 out of 315 local authorities had published their accounts, compared with 235 at the same point last year.

Reform-led Nottinghamshire Pension Fund has voted to withdraw from LAPFF, the largest collective stewardship body for the Local Government Pension Scheme (LGPS), citing concerns over climate change policy. Please subscribe or upgrade your membership. To continue reading this article please sign in below or subscribe to our site. Subscribe The decision marks a significant moment of political fragmentation on key stewardship issues within the LGPS. The motion to quit was tabled by Reform

Technological innovation, demographics and favourable policy environments are the key structural factors creating attractive valuation opportunities in emerging markets, according to Edward Lees and Ulrik Fugmann, co-CIOs Environmental Strategies Group at BNP Paribas. Scale and structural demand are converging now: Emerging markets (EMs) are at the centre of both global growth and future energy demand, creating an immediate need for large-scale deployment of clean energy and its supply chain.

Skip to Main Content What can the World Cup teach local authorities about investment risk? David Janes offers his view. Please subscribe or upgrade your membership. To continue reading this article please sign in below or subscribe to our site. Subscribe As another World Cup captures public attention, local authorities may find themselves reflecting on football's contribution to local identity, civic pride and economic activity.