Money
Stories, page 65
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Tower Hamlets Council Faces £18.6m Budget Overspend Driven by Social Care Demand Tower Hamlets Council is facing a projected budget overspend of £18.6 million for the financial year 2025-26, according to a report presented to the Overview & Scrutiny...
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Bromley Council Approves Acquisition of Orpington Development for 40 New Social Homes Bromley Council's Executive committee has approved the acquisition of The Crofton development at 208-212 High Street, Orpington, to provide 40 new social homes. The decision was...
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Bromley Council awards £89m transport services contract for children and adults Bromley Council has awarded a contract worth an estimated £89 million for transport services for children and adults.
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Bromley Council Forecasts £16.16 Million Budget Overspend for 2025/26 Bromley Council is facing a projected budget overspend of £16.16 million for the 2025/26 financial year, according to a report presented to the council's Executive committee.
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Brent Pension Fund Reviews Investment Strategy Amid Inflation and Climate Concerns The Brent Pension Fund is navigating a complex financial landscape, grappling with the persistent threat of inflation and the growing imperative to address climate-related risks...
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Bromley Council Awards Contract for Learning Disability Day Services Bromley Council's Executive committee has approved the award of a contract for learning disability complex needs day services. The decision, made during a meeting on Wednesday,...
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Bromley Council Awards Highway Maintenance Contracts for Six to Ten Years Bromley Council's Executive committee has approved the award of new contracts for highway maintenance, set to begin on July 1, 2026. The decision, made during a meeting on March...
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Bromley Council launches £8.9m Crisis and Resilience Fund to support residents Bromley Council is set to allocate £8.9 million towards a new Crisis and Resilience Fund, aimed at supporting residents facing immediate financial hardship and building...
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Brent Pension Fund Administration Performance Remains Strong Despite Specific Delays Brent Pension Fund's administration performance remains strong, with 98.9% of cases processed on time during the third quarter of the 2025/26 financial year, according to an...
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Brent Pension Fund Reports Strong Performance in Administration and Investments The Brent Pension Board convened on Monday, March 23, 2026, to discuss critical updates concerning the Brent Pension Fund. A key focus of the meeting was the Local Authority...
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Brent Pension Fund to Cut Employer Contributions by 7.5% Due to Significant Surplus Brent Council's pension fund has seen a significant improvement in its financial health, allowing for a substantial cut in employer contribution rates from April 2026. The...
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LGPS Salary Sacrifice Capped at £2,000 Annually from April 2029 Changes to the Local Government Pension Scheme (LGPS) are set to impact salary sacrifice arrangements and death benefits for members.
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Brent Pension Fund Reports Progress on McCloud Remedy and Pensions Dashboard Connection Brent Pension Fund has reported significant progress on the McCloud remedy, a complex project aimed at rectifying age discrimination in public service pension schemes. The...
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Lambeth Council Approves Ambitious New Homes Programme Lambeth Council has approved an ambitious New Homes Programme, aiming to deliver at least 10,000 new homes over the next decade, with a target of 40% being genuinely affordable....
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Croydon Council Projects £600k Underspend in Street Services Driven by LED Lighting Savings Croydon Council is forecasting a £600,000 underspend in its street services, with a significant portion of this saving attributed to reduced street lighting costs and improved...
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Croydon Council Extends Highways Contract Amid Pothole Repair Concerns Croydon Council has extended its highways maintenance contract with FM Conway for an additional year, a decision made by the Scrutiny Streets & Environment Sub-Committee on...
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Hillingdon Council Faces £36.3 Million Budget Overspend Driven by Social Care and Housing Pressures Hillingdon Council is facing a significant budget overspend of £36.3 million for the current financial year, primarily driven by increased demand in children's services, adult...
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Hillingdon to continue substance misuse services Hillingdon Council has reaffirmed its commitment to continuing vital substance misuse and stop smoking services for the period 2026-2029, following a decision made by the...
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New Rehab Services to Support Haringey Residents Haringey Council has approved the award of twenty framework agreements for substance misuse residential rehabilitation services, aiming to ensure residents have access to...
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Council Approves 20 Providers for Substance Misuse Rehab Haringey Council has approved the award of twenty framework agreements for substance misuse residential rehabilitation services, ensuring residents have access to appropriate care.