Money
Stories, page 35
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Pension board training strategy updated Brent Pension Board Approves Updated Training Strategy Amidst Reforms
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Brent Pension Fund faces inflation risk Brent Pension Fund navigates inflation risk amid mixed investment performance
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Brent Pension Fund Achieves Strong Investment Returns, Nearing £1.5 Billion Valuation The Brent Pension Fund has reported strong investment returns, with the fund's valuation reaching just under £1.5 billion at the end of the first quarter of 2026. This positive...
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New Rules for Councillors Joining Local Government Pension Scheme New rules are set to govern how councillors can join the Local Government Pension Scheme (LGPS) following a decision by the Brent Pension Board.
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Hounslow Council to review members' allowances Hounslow Council has approved a revised members' allowances scheme for the 2026-27 financial year, designed to increase transparency and accessibility in public life. The new...
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City of London Approves Third Dockless Cycle Hire Operator, Voi, with Revised Operator Agreements The City of London has approved the addition of a third dockless cycle hire operator, Voi, to operate within the Square Mile. The decision was made during a meeting of the...
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Thames Fishery Research Experiment receives £4,800 grant The City of London Corporation has awarded a £4,800 grant to support the 54th City of London Thames Fishery Research Experiment, scheduled to take place on October 10, 2026. The...
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Savings schemes at risk of delivery Lambeth Council is grappling with significant financial challenges, with 21 savings schemes at risk of not being delivered, potentially creating a £18.157 million gap in the...
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Lambeth Council to Generate Income from EV Charging Network with £2.6 Million Investment Lambeth Council is set to generate income from its network of electric vehicle (EV) charging points, with £2.6 million allocated for the development of new infrastructure. The...
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City of London Corporation reports £692k budget overspend due to unidentified savings The City of London Corporation has reported an overall budget overspend of £692,000 for the 2025/26 financial year. The total net expenditure for the year was £20.930m against...
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Adult social care demand drives costs Lambeth Council is grappling with a substantial financial deficit, projecting an overspend of nearly £11 million for the current financial year and a cumulative budget gap...
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Lambeth Council Faces £11m Overspend Amidst Significant Financial Pressures Lambeth Council is grappling with a significant financial challenge, projecting an overspend of nearly £11 million for the current financial year. The council's Cabinet convened...
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Corporate Treasurer retires after 35 years The City of London Corporation's Corporate Treasurer, Kate Limna, has retired after 35 years of dedicated service.
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City Surveyor's Business Plan shows underspend The City Surveyor's department has reported an underspend of £825,000 for its City Fund and City's Estate services for the financial year 2025/26. This underspend is comprised...
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Children's services face budget pressures Lambeth Council is grappling with significant budget pressures, with children's services facing a projected overspend of £2.018 million for the current financial year. This is...
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Council warns of funding cuts impact Lambeth Council is grappling with a severe financial crisis, forecasting an £11 million overspend for the current financial year and a staggering £93 million budget gap over the...
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Smithfield Market Cooling System Failure Leads to Stock Loss and Tenant Concerns Smithfield Market faced significant operational disruptions and stock losses in June 2026, primarily due to a failure in its cooling system exacerbated by exceptionally high...
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City of London Police Mounted Unit future arrangements reviewed by Capital Buildings Board The future of the City of London Police's Mounted Unit was a key topic of discussion at a meeting of the Capital Buildings Board on Tuesday, July 21, 2026. The board reviewed...
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Wandsworth Council Reintroduces Oral Questions to Cabinet Members Wandsworth Council is set to reintroduce oral questions to Cabinet members during full council meetings as part of a series of significant changes to its standing orders and...
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Dollis Valley regeneration: Housing mix debate over GLA funding and homeowner expectations Barnet Council's Finance and Growth Overview and Scrutiny Sub-Committee has voiced significant concerns over the proposed housing mix in the latest phases of the Dollis Valley...