Local government entities are under serious financial pressure, and procurement is tasked with helping to reduce spend.
Government pledges to modernise lending to councils
The government has maintained that transferring the powers would increase efficiency of lending to local government and create greater accountability to ministers.
Harriett Baldwin, economic secretary to the Treasury, said: “As local government continues to gain further decision-making powers, it’s right that we consider whether the governance, composition and status of the PWLB is fit for the twenty-first century.
“The reforms set out in today’s consultation will create a more streamlined and up-to-date governance arrangement. The government’s preferred option to transfer the functions of the Public Works Loan Board to HM Treasury, will secure greater accountability to ministers and enhance the efficiency and effectiveness of central government lending to local authorities.”
Latest News
22/05/2025 - 09:54
Luton Council is set to receive electric vehicle (EV) chargepoints across all six of its residential car parks through operator Believ.
22/05/2025 - 09:45
Coastal and rural communities across the UK will receive an increase in funding from the government to go towards new community facilities, better transport links and a boost for investments.
21/05/2025 - 10:28
Homes England and West of England Mayoral Combined Authority (MCA) have signed a Strategic Place Partnership (SPP) to boost locally-lead housing projects in the region.
21/05/2025 - 09:52
A new Ministry of Defence office has started construction in Blackpool, which involves a collaboration between Blackpool Council working with development partner Muse Places and construction company VINCI Building.
20/05/2025 - 10:05
The mayor of London, Sir Sadiq Khan, has appointed new members to the Transport for London (TfL) Board, which was refreshed in 2024.
Event Diary
Following a period of remarkable growth and momentum, Safety, Health and Wellbeing Live is making a powerful move—relocating its southern edition to the iconic London Olympia on 18–19 June 2025.
Housing 2025 is coming to Manchester Central on 24-26 June. Welcoming everyone in the housing and wider living sector under one roof, As the only place the whole UK housing sector comes together every year, it is where the sector will discuss and collaborate, identify solutions and speak with one voice to those framing the debate.
In January 2025, the Secretary of State for Science, Innovation and Technology announced a new ‘AI Opportunities Action Plan’ to encourage an increase in AI adoption across the UK. What will the Government’s plans for AI mean for local authority teams? How will emerging technologies affect environmental health services in the future?
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Welcome to Height Excellence, your trusted partner for comprehensive height work solutions, speci
At Words of World, we specialise in professional translation and interpreting, d
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Franchising offers a supported route into self-employment, well suited to those with experience in public service. The British Franchise Association explains how this proven model works—and why it could be the right fit for your skills and aspirationshttps://www.thebfa.org/start-up-training/
Raisa McNab, CEO of the Association of Translation Companies, explores how professional language provision underpins the UK's public services, supports diverse communities, and drives global growth
