Category : Search result: local authority finance


Council Tax to Rise as New Funding Formula Shifts Cash

A new three-year funding settlement for English councils uses a 'Fair Funding' formula to direct more cash to deprived areas. Find out if your council tax bill will increase and which local authorities are affected.

Flooding nightmare at award-winning Cotswolds estate

Residents of the Buttercross Works development in Witney face constant flooding, safety hazards, and plummeting property values due to a failed drainage system. Discover their fight for a solution.

Swindon Council pays £138k after own vans clamped

Swindon Borough Council has paid £138,000 in fines after its own highway maintenance vans were clamped outside its offices. Deputy leader calls it 'not our finest hour'. Read the full story.

2,000+ children vanish from UK care yearly

Shocking report reveals 2,400 trafficked and asylum-seeking children went missing from local authority care last year, exposing critical safeguarding failures. Urgent action needed.

Councils Sell Assets to Avoid Bankruptcy

Facing a financial crisis, 60% of key English councils plan to sell social clubs and sports centres to fund soaring social care costs. Explore the stark choices local authorities are making.

Judge condemns 'astronomical' private care costs

A judge has criticised 'astronomical' costs charged by private care providers after a council agreed to pay almost £300,000 for a teenage boy's placement. Discover the urgent call for government intervention.

Surrey Labour splits over £1.2bn council debt crisis

Exclusive: Labour faces internal division in Surrey as two councils consider breaking away amid government pressure to address catastrophic local authority debt. The political earthquake threatens Starmer's authority in traditional Tory heartlands.

Woking gets £500m bailout in council shake-up

The bankrupt Woking Borough Council secures a massive government rescue package as Surrey County Council takes control of key services in a dramatic local government overhaul.

Woking Council declares bankruptcy with £1.9bn debt

Woking Borough Council faces financial collapse with a staggering £1.9bn deficit, joining a growing list of UK local authorities in crisis. Discover how risky investments and government funding cuts created this perfect storm.

FCA Under Fire Over Soaring Consumer Complaints

The Financial Conduct Authority faces mounting criticism as consumer complaints against financial firms skyrocket, revealing serious gaps in investor protection and regulatory oversight.

Christmas tree arrives amid bin strike fury

A London council faces public outrage after installing a Christmas tree while bin collections remain suspended due to ongoing strike action, sparking accusations of misplaced priorities.

Lloyds Bank Faces FCA Motor Finance Probe

The Financial Conduct Authority launches investigation into Lloyds Banking Group's motor finance practices, potentially impacting millions of customers and leading to significant compensation claims.

Lloyds adds £800m to car finance compensation pot

Lloyds Banking Group faces mounting costs as it allocates another £800 million to cover compensation for historical motor finance commission claims, bringing total provisions to a staggering £2 billion.

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