Money
Stories, page 142
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Internal Audit Finds Weaknesses in Lambeth Council Governance, Raising Financial Stability Concerns Lambeth Council's Corporate Committee recently reviewed an internal audit that revealed weaknesses in the council's governance, raising concerns about financial stability and...
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Newham to Retrofit 359 Homes with £1.5M Warm Homes Grant Newham is set to retrofit 359 homes with energy-efficient upgrades thanks to a £1.5 million grant from the Warm Homes Social Housing Fund. The homes, many of which have known...
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Council Blames Covid for Depot Safety Failures Kensington and Chelsea Council has attributed delays in addressing structural safety concerns at the Pembroke Road depot to the Covid-19 pandemic, though residents dispute this...
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Newham Faces £115M Budget Shortfall by 2029, Public Consultation Planned Newham Council is facing a significant financial challenge, with a projected £115 million budget shortfall by 2029. Key factors contributing to this shortfall include rising...
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Lambeth Council to Cut Senior Leadership, Save £1 Million Lambeth Council is set to reduce its senior leadership team, a move projected to save the authority £1 million annually. The decision comes as the council grapples with...
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Lewisham Council Faces Budget Challenges and PSTN Switch-Off Risks Lewisham Council's Audit and Risk Committee has pinpointed budget challenges and the impending Public Switched Telephone Network (PSTN) switch-off as key concerns, according to...
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Newham Council Committee to Review Budget Performance In-Year Newham Council is set to scrutinise its budget performance in the coming year, following a meeting of the Overview and Scrutiny Committee on Tuesday, 22 July 2025. The move...
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Newham Considers Using Housing Fund Outside Borough Amid Financial Pressures and Best Value Notice Newham Council is considering using its housing acquisition fund outside of the borough, officials revealed at a recent Overview and Scrutiny Committee meeting. The move comes...
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Newham Council Faces Scrutiny Over Rising Children in Care Costs; Plans New Children's Home Newham Council is facing increased scrutiny over the rising costs of children in care, despite plans to open a new home for young people with complex needs. The issue was...
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Newham Council Buys Bikes to Cut Home-to-School Transport Costs Newham Council is exploring the use of bicycles for families to reduce rising home-to-school transport costs. This initiative was presented as one measure to reduce overspending...
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Harrow Council's Risk Register Flags Homelessness, Finances, and Other Key Concerns Harrow Council's financial risk register has flagged increasing homelessness and budget pressures as key concerns, alongside challenges in adult social care and health and...
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Lambeth Council Considers Selling Garages, Land for Housing Lambeth Council is considering selling off garages and other land holdings to help fund investment in its existing housing stock, as revealed at a recent Overview and Scrutiny...
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Harrow Council Reports £1.5M Surplus Amid Audit Concerns, Property Revaluations, and Risk Register Highlights Harrow Council has reported a £1.5 million surplus for the 2024-2025 financial year, despite concerns raised during a Governance, Audit, Risk Management and Standards Committee...
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Brent Pension Fund Valuation Drops Amid Market Volatility; Board Discusses Government Consultation and Actuarial Assumptions The Brent Pension Fund experienced a valuation decrease in the first quarter of 2025-26, amidst market volatility and tariff announcements, according to a recent Pension Board...
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Lambeth Pension Fund Underperforms Benchmark, Cites Volatile Markets Lambeth's Pension Fund experienced underperformance against its benchmark during the first quarter of 2025, primarily due to volatile market conditions and the composition of...
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Haringey Formally Recognises Latin American Community Haringey Council has formally recognised the Latin American community, acknowledging their significant contributions and addressing issues of statistical invisibility and...
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Haringey Council Declares No Confidence in Thames Water Haringey Council has declared no confidence in Thames Water, citing the company's poor performance, high bills, and environmental breaches that include sewage spills. The...
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Barking and Dagenham Council Reviews Financial Regulations to Comply with Procurement Act 2023 Barking and Dagenham Council is updating its financial regulations to align with the Procurement Act 2023, a move agreed upon at the Assembly meeting on Wednesday, 23 July 2025....
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Beam Parklands Fire Prevented by Council Parks Team; Residents Reminded of Fire Safety Barking and Dagenham Council's parks team is being praised for its quick action in preventing a major fire at Beam Parklands. Thanks to preventative measures already in place,...
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Council Addresses Waste Collection Operational Issues Waste collection in Barking and Dagenham is currently experiencing disruptions, specifically affecting recycling waste collection. Councillor Dominic Twomey, Leader of the...