Newham Council failed to collect £31m council tax
Newham Council admits taking 'eye off the ball' on tax collection, leaving £31m uncollected since 2018 as it considers 9% tax hike and service cuts.
Category : Search result: Financial Reporting Council
Abu Dhabi Emerges as Global Finance Hub Through ADFW
Abu Dhabi Finance Week 2025 positions the emirate as a leading global financial centre, attracting institutions managing £32.3 trillion. Discover how ADGM's growth reshapes international finance.
Man reports dead body to radio show after 18-day delay
A Maryland man waited 18 days after discovering a corpse to report it, choosing to call a radio show instead of police. Frederick County authorities have confirmed the investigation.
Terminal cancer patient evicted, sleeps on buses
Shaner Osman, 60, with terminal cancer slept rough for weeks after Islington Council eviction. His medication went missing during the controversial procedure.
Croydon Council Tax Rise Capped at 5%
Croydon's Mayor commits to a maximum 5% council tax increase despite new government rules allowing higher rises for struggling councils. Get the latest on local finances.
Reform UK's £331m Council Savings Claim Questioned
Experts challenge Reform UK's claimed £331m council savings as EV cuts and IT deals face scrutiny. Are the numbers real or political rhetoric?
Mum's mouldy home targeted by drug dealers
A West London mother details her ordeal after drug dealers tried to 'cuckoo' her damp-ridden council home, forcing her family into temporary hotel accommodation. Read her full story.
FCA Executive Director Sarah Mills Resigns from Regulator
Sarah Mills, the FCA's executive director of consumers and competition, has resigned from her role. Discover the implications for UK financial regulation and what's next.
Police ethnicity disclosure fuels prejudice, say campaigners
Fifty racial justice groups demand end to police policy revealing suspects' ethnicity, warning it's causing devastating impact and spreading misinformation about crime.
FCA Consumer Chief Sheldon Mills to Leave Watchdog
FCA executive Sheldon Mills is stepping down after eight years. He will lead a government review into AI's role in consumer financial advice. Discover the implications.
Council error leads to minister's tax underpayment
Defence Secretary John Healey underpaid £1,500 in council tax after Westminster Council administrative error. Full payment now made. Read the full story.
Hillingdon Finance Chief Forced Out in Council Shake-Up
Exclusive: Hillingdon Council's finance chief was asked to stand down as financial crisis deepens. Labour claims 'chaos' as council seeks third government bailout.
Former Soho toilet to become café or shop
Westminster Council plans to convert Broadwick Street's former public toilet, once labelled the UK's top cottaging spot, into retail or café space despite local opposition over toilet provision.
Greenwich Play Centres Face Closure in Council Savings Plan
Greenwich Council reveals plans to transform youth play provision, potentially closing two adventure play centres to address a £45.1m budget gap. Have your say in the consultation running until December 14.
Brent Council uses AI to plug £10m budget hole
Facing a £10m deficit, Brent Council proposes AI service redesign and selling empty buildings. Council tax to rise 4.99%. Have your say on the draft budget by January 30.
FCA Begins Private Markets Probe: Key Details
The Financial Conduct Authority has initiated a comprehensive review of private markets, examining valuation practices and liquidity concerns. Discover how this could impact UK investors.
Croydon Council sues government over £10.8m funding
Croydon Council launches legal challenge against government's decision to withhold £10.8m in funding, potentially affecting local services. Read the full story.
Council repaints road markings for closed school
A Reform-run council apologises after spending £350 to repaint 'School Keep Clear' markings outside a school closed since 2016. Read the full story on this financial misstep.
4th Hounslow Labour councillor defects to Tories
West London councillor Vickram Grewal leaves Labour for Conservatives, citing financial mismanagement. The fourth defection in a week signals turmoil ahead of 2026 local elections.
Audit Quality Confidence Hits 100% Amid Knowledge Gaps
New report reveals 100% satisfaction with audit quality among key UK stakeholders, though clarity on auditor responsibilities is urgently needed. Discover the findings.
Council left 1100 emails unread for four years
Haringey Council failed to read over 1,100 emails, including 500 police reports, between 2019 and 2023. A new management team promises reforms. Discover the full story.
Enfield Council's £1.2bn Debt Crisis
An auditor has issued statutory recommendations to Enfield Council to de-risk its £1.286bn debt, warning that its financial reserves have fallen below a safe threshold. Discover the full story.
English councils sell assets to avoid bankruptcy
Survey reveals most English councils are selling public assets like sports centres to fund soaring social care costs, with many also planning council tax hikes.
FCA expands Leeds office in major regional push
The Financial Conduct Authority is significantly expanding its Leeds presence, doubling its office space as part of its strategy to decentralise financial regulation from London.
FCA hires US and Canadian regulators for international expertise
The Financial Conduct Authority strengthens its international team with senior hires from US and Canadian regulators. Mark White and Rob Hegarty join to enhance regulatory oversight.
UK Wealth Manager Value Analysis Reveals Leaders
Comprehensive analysis of UK wealth managers reveals which firms offer the best value for investors. Discover the top performers and market outlook for 2024.
London woman stuck in mouldy council flat for 17 years
A Southwark mother has been living in a damp, mould-infested flat for 17 years, with electrical faults posing serious safety risks. Read her urgent plea for a safe home.
London council lobbies Lords over £82m funding cuts
Kensington and Chelsea Council campaigns against government funding cuts before Rachel Reeves' Autumn Budget. Residents face service reductions and tax hikes.
BMLL Reports £14m Loss Before Nordic Capital Acquisition
Market data firm BMLL recorded a £14.3m pre-tax loss in 2023 while securing a takeover by Nordic Capital. Discover the strategic implications for financial technology.
Council failed to tell man his dad's care cost for 18 months
A South London man was hit with a huge bill after Wandsworth Council failed to provide care costs for over 18 months. The ombudsman ordered a £1,000 payment and apology. Discover the full story.
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