Arlingclose advise on £65m LOBO refinancing for Liverpool City Council
Wednesday 01 December 2021Liverpool City Council (LCC) has successfully arranged the refinancing of £65m of Lender’s Option Borrower’s Option (LOBO) debt.
Read more
Can it Pay to be Passive?
Friday 26 November 2021The debate about whether, on average, active managers offer value for money in terms of generating outperformance, or ‘alpha’, continues and most definitely shows no signs of stopping.
Read more
Arlingclose advise Suffolk County Council on LOBO Refinancing
Tuesday 23 November 2021As Suffolk County Council closes the deal on their LOBO refinancing, David Blake examines the advantages of these transactions.
Read more
Setting rates in the 'local to local' lending market
Tuesday 16 November 2021In this note we explore price transparency, supply and demand dynamics and the benefits of screen-based trading.
Read more
Carbon and Climate Statement
Thursday 11 November 2021As COP26 comes to an end in Glasgow we hope progress will be made in the fight against climate change. At this point Arlingclose is pleased to announce that we have in our own way made a transition to net zero.
Read more
Prudential Code Discussion with Room151
Thursday 28 October 2021Mark Swallow and David Green, Directors at Arlingclose, contribute to an informative panel debate with room151 on the draft prudential code, featuring Richard Lloyd Bithell, Senior Technical Manager at CIPFA, Martin Easton, co-auther of the draft code and Luke Webster, chair of CIPFA’s Treasury Management panel.
Read more
Financial Investments - a case of mistaken identity?
Wednesday 27 October 2021David Blake, director at Arlingclose, writes for room151 on the draft prudential code. Financial Investments get a rough ride in the draft Prudential Code, which appears to suggest local authorities should target zero cash balances, here he sets out why strategic investment should retain their place as part of prudent treasury management strategy.
Read more
COP26 - Cutting through the thicket of terms and acronyms
Wednesday 27 October 2021Postponed from last year, COP26 under the UK’s presidency will commence in Glasgow on 1st November 2021 with a world leaders’ summit and end on 12th November.
Read more
Credibility Management, Governor Style
Tuesday 26 October 2021One month ago, the 10-year gilt yield was 0.80%. Today it is 1.12%, having been as high as 1.20%. A good proportion of this sharp rise can be attributed to Bank of England communication on the back of inflation concerns, primarily that of the Governor Andrew Bailey.
Read more
The Liability Benchmark
Thursday 21 October 2021One of the key changes to the Treasury Management Code will be the requirement for local authorities to prepare a Liability Benchmark, something we at Arlingclose have been preparing for our clients for over a decade.
Read more
Proportionality is hardly new...
Thursday 14 October 2021CIPFA’s new Prudential Code will include proportionality as a key objective for the first time. But for treasury managers, proportionality has always been a key principle for their roles.
Read more
Is the Bank of England on the Verge of Making a Policy Error?
Friday 08 October 2021The question has to be asked, is the Bank of England (BoE) on the verge of making a policy error?
Read more
Borrowing Strategy takes Centre Stage in Code Updates
Tuesday 05 October 2021With summer drawing to a close, minds turn toward the remaining months of 2021 and what lies ahead. Some may already be thinking of December’s festivities, but it will also be a month of particular interest to local authority treasurers, as it’s expected to bring the publication by CIPFA of revisions to the Prudential Code for Capital Finance and the Treasury Management Code of Practice.
Read more
The UK’s Inaugural Green Gilt Issue
Friday 24 September 2021The UK government issued the first "Green Gilt" this week, a step in the right direction to achieve net zero by 2050.
Read more
Why the Government’s Covid Debt Burden is Not Actually that Bad
Friday 17 September 2021Other than the obvious worry of death and disease one of the main things concerning everyone throughout the pandemic has been the effect on the economy.
Read more
Demystifying the CFR
Thursday 16 September 2021Join Stephen Kitching as he discusses the CFR.
Read more
Beware the Perils of Greenwashing
Wednesday 01 September 2021Greenwashing is a compound word coined from ‘green sheen’ and ‘white washing’ describing the making of unsubstantiated or misleading claims about environmental benefits.
Read more
Revised HM Treasury PWLB Guidance
Tuesday 24 August 2021A second chance to listen to the next instalment of the #TrendingTreasury series
Read more
PFI Projects & LIBOR Transition
Tuesday 10 August 2021With the replacement of LIBOR rapidly approaching, David Blake examines how this may affect Private Finance Initiatives which reference the benchmark.
Read more
Liability Benchmark Explained
Tuesday 10 August 2021Join Laura Fallon as she explains the ins and outs of liability benchmarks.
Read more
The Five Case Model - A Template for Local Authorities' Project Business Cases?
Thursday 05 August 2021The G20 Five Case Model impact on Public Sector project decision making
Read more
KYLAC: Know Your Local Authority Counterparty
Tuesday 03 August 2021While a section 114 notice is a clear indication of financial distress, the existence of this procedure underlines the strength of the local government financial framework.
Read more
Prudential Code Consultation Update
Thursday 29 July 2021Join David Green and Stephen Kitching as they discuss the latest updates from the CIPFA Prudential Code Consultation.
Read more
All about that base?
Thursday 29 July 2021Average earnings growth is soaring – but needs to be interpreted with caution.
Read more
Providing Affordable Housing with Income Strip Solutions
Thursday 22 July 2021A second chance to listen to the next instalment of the #TrendingTreasury series
Read more
Can’t Get the Staff
Wednesday 21 July 2021One of the fears at the beginning of the pandemic was that of mass unemployment as businesses across the country were forced to close their doors. Now as the economy reopens all we are hearing is a clamour from businesses saying that they can’t find enough staff. What has caused this about-turn in circumstances?
Read more
Can we bank on the banks? Part 2.
Monday 19 July 2021Following being hit with a £91m fine, Lloyds Bank has helped bring how banks treat their customers into the credit mix.
Read more
Technology in Treasury with ICD
Friday 16 July 2021A second chance to listen to the next instalment of the #TrendingTreasury series
Read more
IFRS 16 Transition - Lessons from the Private Sector
Friday 09 July 2021A second chance to listen to the next instalment of the #TrendingTreasury series
Read more
Managing Credit Risk
Wednesday 07 July 2021The huge shocks to financial markets over the last year have highlighted the importance of a robust credit analysis process and can create a good opportunity to consider how these processes can be improved.
Read more
Local Authorities and ESG – a Match Made in Heaven?
Monday 05 July 2021Government borrowing statistics for March 2021 showed that local authorities have lent over £14bn to their peers, raising an interesting question, how “ESG” is a local authority?
Read more
Investing in the Local Economy with 31ten Consulting
Friday 02 July 2021A second chance to listen to the next instalment of the #TrendingTreasury series
Read more
Parish Councils: Borrowing for Capital Purposes
Friday 02 July 2021For more information on parish and town council borrowing advice, please contact the Arlingclose team.
Read more
The UK Infrastructure Bank
Monday 28 June 2021The UK Infrastructure Bank (UKIB), headquartered in Leeds, opened to UK businesses this month.
Read more
The Current Credit Environment
Friday 25 June 2021A second chance to listen to the next instalment of the #TrendingTreasury webcast series
Read more
Commercial Paper: Short term funding for the long term?
Monday 21 June 2021In order to help authorities manage risk and provide an alternative source of low cost funding, Arlingclose has partnered with the MBA to develop a short term loan product backed by commercial paper, available to English local authorities in the first instance.
Read more
Income Strips Explained
Thursday 10 June 2021A second chance to listen to the next instalment of the #TrendingTreasury series with M&G
Read more
Parish Councils: Long-term Investing
Wednesday 09 June 2021Find out how Arlingclose can assist Parish and Town Councils with investment advice.
Read more
Commercial Paper & Short-Term Funding
Thursday 03 June 2021A second chance to listen to the next instalment of the #TrendingTreasury series
Read more
Welsh Local Authorities to Get the General Power of Competence
Thursday 03 June 2021So, what exactly is the general power of competence and what will it mean for these local authorities?
Read more
ESG in Fund Management with Vanguard
Wednesday 02 June 2021A second chance to listen to the next instalment of the #TrendingTreasury series
Read more
Market Monetary Policy Jitters
Wednesday 02 June 2021There’s no doubt about it, there’s a jittery mood in financial markets, causing flip flopping behaviour in equities, bonds, commodities and even Bitcoin.
Read more
Sustainability-Linked Bonds
Tuesday 25 May 2021A German bank shows the way. The innovative deal has set a high bar for meaningful ESG targets and approaches to sustainability.
Read more
More MMF rule changes on the way?
Tuesday 25 May 2021Regulators are looking to update MMF rules once again.
Read more
Reviewing the Subsidy Regime Consultation
Friday 21 May 2021A second chance to listen to this recent instalment of the #TrendingTreasury series
Read more
Boosting the Local Area: Managing Investments in Borough
Thursday 20 May 2021A second chance to listen to the next instalment of the #TrendingTreasury series
Read more
Parish Councils: are your deposits protected?
Monday 17 May 2021For more information on how to protect your investment portfolio, please contact the Arlingclose team.
Read more
Our Interest Rate Forecast Explained
Thursday 13 May 2021A second chance to listen to the next instalment of the #TrendingTreasury series
Read more
PWLB Alternatives Webcast
Friday 30 April 2021A second chance to listen to the next instalment of the #TrendingTreasury series
Read more
Which REITs should Local Authorities Invest in?
Thursday 29 April 2021How Local Authorities Should be Investing in REITs
Read more
To Benchmark, Or Not To Benchmark?
Monday 26 April 2021How should you assess the relative performance of your investment portfolio?
Read more
The Different Types of Money Market Funds
Friday 23 April 2021LVNAV, VNAV, CNAV? A refresher of the differences
Read more
Year-End Local Authority Borrowing
Monday 19 April 2021March is traditionally a bumper month for local authority borrowing, as cash runs out and spending increases during the last quarter. The pandemic and the changes to the PWLB margins prompted a very different March 2021.
Read more
Registered Provider & Local Authority Credit with Fitch Ratings Webcast
Friday 16 April 2021A second chance to listen to the next instalment of the #TrendingTreasury series
Read more
Liability Benchmarking
Friday 16 April 2021Over the last two years Arlingclose has been able to put together all of the liability benchmarks for our clients.
Read more
The National Infrastructure Bank
Friday 09 April 2021A second chance to listen to the next instalment of the #TrendingTreasury series
Read more
Our Response to the Prudential Code Consultation Webcast
Tuesday 06 April 2021A second chance to listen to the next instalment of the #TrendingTreasury series
Read more
Sustainable Finance Disclosures Regulation (SFDR)
Wednesday 31 March 2021SFDR - a key pillar of the European Union's ESG initiatives and yet another acronym inhabiting this space
Read more
The Outlook for Commercial Property Webcast
Monday 29 March 2021A second chance to listen to the next instalment of the #TrendingTreasury series
Read more
Support Underpins Local Authority Credit Quality
Monday 29 March 2021Recent “capitalisation directions” provide further evidence of central government support for local authorities.
Read more
Capitalisation Direction
Tuesday 23 March 2021The recent news on the capitalisation direction issued to Nottingham City Council brings the tally of directions granted to local authorities at just under £150million with more set to be announced over the coming weeks.
Read more
Green Bonds & ESG Borrowing Webcast
Monday 22 March 2021A second chance to listen to the next instalment of the #TrendingTreasury series
Read more
Greensill Bank Collapse
Monday 22 March 2021A cautionary tale for local authorities as German local authorities may face significant investment losses
Read more
LOBO Judgement Calls
Tuesday 16 March 2021A couple of weeks ago another chapter of the long-running LOBO saga seemingly came to an end.
Read more
Investing in Housing Associations Webcast
Friday 12 March 2021A second chance to listen to the next instalment of the #TrendingTreasury series
Read more
What are the Alternatives?
Friday 12 March 2021The range of so-called ‘alternative’ asset classes is wide, from funds using diverse strategies outside of the more traditional approaches along style, size, or geographical lines, to investing in art or wine, or using private equity and hedge funds.
Read more
Impact of the UK Budget 2021 Webcast
Monday 08 March 2021A second chance to listen to the last instalment of the #TrendingTreasury series
Read more
Level up your "LA to LA" trading with a Loan Ladder
Tuesday 02 March 2021Authorities are borrowing portfolios of rolling short-term loans, benefiting from rates typically around 0.10%, with the flexibility to adjust debt levels as required.
Read more
Scratching Your Head Over Year End?
Monday 01 March 2021Find out how Arlingclose can assist you at this financial year end
Read more
Housing Revenue Account
Friday 26 February 2021Everything comes back into fashion - The re-emergence of the HRA
Read more
Multi Asset Investing Webcast
Thursday 25 February 2021A second chance to listen to the next instalment of the #TrendingTreasury series
Read more
Why Aren't Local Authorities Borrowing from the PWLB?
Thursday 25 February 2021It has now been three months since HM Treasury published its new PWLB lending terms.
Read more
Prudential Code Consultation
Friday 19 February 2021A second chance to listen to the next instalment of the #TrendingTreasury webcast series
Read more
Counterparty Due Diligence
Friday 19 February 2021This insight highlights the importance of performing detailed due diligence and also takes a look at what is happening with State Aid now that the UK has formally withdrawn from the EU
Read more
Goals for the World
Tuesday 16 February 2021What are the United Nations’ Sustainable Development Goals (SDGs) and why are investors thinking about them?
Read more
The Future for Interest Rates
Tuesday 16 February 2021Although negative interest rates are looking less likely to be implemented, it does not look as though rates are going up any time soon. What are the implications of the lower-for-longer forecast for Bank Rate?
Read more
Local Authority Credit Webcast
Monday 15 February 2021A second chance to listen to this instalment of the #TrendingTreasury series
Read more
How to predict Bank Rate
Friday 12 February 2021Using market forward curves isn't a substitute for a good forecast
Read more
Revision to the Prudential Code – A method of Capital Control?
Monday 08 February 2021Last week CIPFA published consultation on its latest proposed changes which would see the sixth amendment since the introduction of the Code back in 2004
Read more
Future for Money Market Funds Webcast
Thursday 04 February 2021A second chance to listen to the next instalment of the #TrendingTreasury series
Read more
Accounts Closedown Themes for 2021 Webcast
Thursday 21 January 2021A second chance to listen to the next instalment of the #TrendingTreasury series
Read more
Investment Benchmarking
Thursday 21 January 2021Take a deeper look into our quarterly investment benchmarking.
Read more
What Chance Inflation?
Wednesday 20 January 2021Global inflation expectations have risen since the turn of the year, driven by a culmination of factors, on both the demand and supply sides.
Read more
Britain and Europe 2021 Webcast
Monday 18 January 2021A second chance to listen to the next instalment of the #TrendingTreasury series
Read more
An Independent Review of the Local Government Finance Settlement
Friday 15 January 2021The Institute for Fiscal Studies (IFS) were hard at work in the run to Christmas and published an independent assessment of the latest Local Government Finance Settlement in England on 21st December.
Read more
2021 Preview Webcast
Monday 11 January 2021A second chance to listen to the latest instalment of the #TrendingTreasury series
Read more
Free Revenue Saving Assessment!
Tuesday 05 January 2021On the hunt for revenue savings? Over the past few months Arlingclose has worked with several authorities, helping them unlock multi-million-pound savings.
Read more
Stewardship – Investors Can Set the Course
Tuesday 05 January 2021Stewardship is a powerful tool investors have at their disposal to encourage the listed entities they are invested in to develop more sustainable business practices and deliver substantial real change which also benefits stakeholders and wider society.
Read more
PWLB Guidance: Navigating the New Rules
Tuesday 05 January 2021Following the introduction of HM Treasury’s PWLB Guidance, incorporating restrictions on access and a revised process, borrowing from the PWLB may now be more complicated. Arlingclose provide an overview of some of the key considerations.
Read more
Ways to Help Alleviate Your Covid-19 Budgetary Woes
Monday 04 January 2021This article suggests some of the less painful steps local authorities can take towards closing the budget gap.
Read more
Help sheet - Liability Benchmark: Summary
Friday 01 January 2021Help sheet - Liability Benchmark: Summary
Read more
Help sheet - Liability Benchmark: Resources
Friday 01 January 2021Help sheet - Liability Benchmark: Resources
Read more
Help sheet - Liability Benchmark: Balance Sheet
Friday 01 January 2021Help sheet - Liability Benchmark: Balance Sheet
Read more
Help sheet - Liability Benchmark: Capital
Friday 01 January 2021Help sheet - Liability Benchmark: Capital
Read more
Greenwashing - do your investments have brown undertones?
Friday 18 December 2020Your investments may seem to tick all the right ESG boxes, but have you fallen into the trap of "greenwashing"?
Read more
Stressed about Climate Change?
Tuesday 15 December 2020Next year the Bank of England will become the first central bank to carry out detailed climate stress testing
Read more
PWLB Consultation Outcome Webcast
Wednesday 09 December 2020A second chance to listen to this week's instalment of the #TrendingTreasury series
Read more
6 reasons why Electronic Trading is here to stay
Monday 07 December 2020Electronic trading has been around for many years it has grown in popularity during a year that has been gripped by a pandemic.
Read more
PWLB Policy - Finding Strength in Adversity
Monday 30 November 2020Last week we saw the implementation of HM Treasury’s long-anticipated consultation response, but what lessons have been learnt from a year in the wilderness?
Read more
The Economics of Lurking at Home
Friday 27 November 2020What are the impacts of the increase in remote working?
Read more
Better Forecasting in the Public Sector Webcast
Thursday 26 November 2020A second chance to listen to this week's instalment of the #TrendingTreasury series
Read more
Allocations are Forever
Thursday 26 November 2020The strategic asset allocation decision is a key one in the investment process
Read more
Statutory Overrides
Tuesday 24 November 2020Local government benefits from several statutory overrides
Read more
Market Update Webcast
Friday 20 November 2020A second chance to listen to this week's instalment of the #TrendingTreasury series
Read more
High mortgage rates in a low interest rate environment
Monday 16 November 2020Why are we seeing a continual rise in mortgage rates despite the Bank of England’s efforts to keep underlying rates low?
Read more
The vaccine has landed: All is well
Thursday 12 November 2020The possibility of a vaccine is a real cause for optimism, but how much has it changed the outlook for the economy?
Read more
Layering your Investments
Tuesday 10 November 2020Investment portfolios are like onions. How? They both have layers!
Read more
From 'V' to 'W'
Friday 06 November 2020What is the projected path for UK economic recovery?
Read more
US Election Result Special Webcast
Thursday 05 November 2020A second chance to listen to this week's instalment of the #TrendingTreasury series
Read more
US Election Day
Tuesday 03 November 2020With 538 electoral college votes for grabs from 50 states (plus The District of Columbia), the electoral system might be slightly confusing, but what is at stake isn’t; like it or not the winner will set the agenda of the entire world for the next four years.
Read more
Low Risk But Not Risk Free
Friday 30 October 2020Money Market Funds are a very low risk investment option due to their liquidity and diversification but with market volatility rising and yields falling investors should not become complacent.
Read more
What is SONIA?
Monday 26 October 2020LIBOR looks set to disappear and new investment, borrowing and hedging products, such as interest rate swaps, are already being based on SONIA, so a good understanding of the rate is necessary.
Read more
Local Authority Derivatives – Regulatory Framework
Thursday 22 October 2020A recent local authority interest rate swap transaction, developed by Arlingclose and believed to be the first of its kind in over thirty years, has reignited the debate around power to use derivatives. In this note we set out the legal and regulatory background to local authority use of derivatives.
Read more
Quantum of Tolerance
Thursday 22 October 2020Assessing risk tolerance is no easy task and requires a variety of both objective and subjective judgements.
Read more
An Interest in Swaps Webcast
Thursday 22 October 2020A second chance to listen to this week's instalment of the #TrendingTreasury series
Read more
Brexit Deadline Day Webcast with Columbia Threadneedle
Thursday 15 October 2020A second chance to listen to this week's instalment of the #TrendingTreasury series
Read more
The Future of the High Street?
Thursday 15 October 2020This topic was spoken about long before COVID-19 reared its ugly head, but with lockdowns still in place across the globe, this question is more pertinent than ever
Read more
Negotiating PFI, PPP, JV and Outsourced Service Delivery Arrangements
Wednesday 14 October 2020Increasingly, Arlingclose is being asked to provide advice on local authority contracts including Private Finance Initiatives, other forms of Public Private Partnerships and Joint Ventures and outsourced services.
Read more
Interest Rate Risk Management Using Swaps
Thursday 08 October 2020Local authorities which fund their borrowing requirements from either internal borrowing or short-term variable rate borrowing from other local authorities are exposed to the risk of interest rates rising. A swap is one way of managing this risk.
Read more
Security in a Negative Rate Environment
Wednesday 07 October 2020When interest rates are negative, and you withdraw your cash with interest deducted, have you broken the golden rule of keeping your investment secure?
Read more
Diversifying Debt with EY Webcast
Monday 05 October 2020A second chance to listen to last week's instalment of the #TrendingTreasury series
Read more
A History of Base Rate
Friday 02 October 2020Base Rate is older than you might think and started when the Bank of England was granted a Royal Charter by King William and Queen Mary in 1694.
Read more
REITs in a Local Authority Investment Portfolio
Thursday 01 October 2020Are Real Estate Investment Trusts (REITs) a good investment for local authorities?
Read more
Brexit: Where are we now?
Tuesday 29 September 2020Four years, three prime ministers and one pandemic later, we approach the finish line for Brexit negotiations. What are the issues preventing a trade agreement from being reached?
Read more
Revolving Credit Facilities
Friday 25 September 2020An introduction to Revolving Credit Facilities: how can local authorities use them and why is it a good time to start thinking about them.
Read more
Longer or Lower Webcast
Tuesday 22 September 2020A second chance to listen to last week's instalment of the #TrendingTreasury series
Read more
Income Strips
Tuesday 22 September 2020Income Strip transactions could be just one of the options available in a brave new world of local authority capital funding.
Read more
Negative Expectations
Friday 18 September 2020Expectations for negative rates, apparently kicked into the long grass by the Bank of England as recently as the August Monetary Policy Report, have received a boost following the publication of the minutes of the September MPC meeting.
Read more
Is your Working Capital, Working for you?
Friday 18 September 2020Working capital can no longer be the forgotten element of treasury planning
Read more
The Return is not Enough
Monday 14 September 2020Risk should also be involved in any decision-making.
Read more
Managing Liquidity in a Negative Rate Environment Webcast
Friday 11 September 2020A second chance to listen to this week's instalment of the #TrendingTreasury series
Read more
What happened to Carillion?
Friday 11 September 2020What led to their demise and were the warning signs there?
Read more
Future Funding Forum Webcast
Tuesday 08 September 2020A second chance to listen to last week's instalment of the #TrendingTreasury series
Read more
Pass the PWLB
Monday 07 September 2020Allowing local authorities to transfer PWLB loans between each other could dramatically increase flexibility in debt management, reduce risk and deliver substantial savings. In this Insight Arlingclose examine how this could work.
Read more
Strategic Fund Allocations and Managing Risk
Wednesday 02 September 2020How do you minimise risk when investing in Strategic Pooled Funds?
Read more
The Capital Financing Requirement (CFR)
Tuesday 01 September 2020The CFR measures a vital component of an authority’s capital strategy, the amount of capital spending that has not yet been financed by capital receipts, capital grants or contributions from revenue income.
Read more
Liquidity Management Webcast
Friday 28 August 2020A second chance to listen to this week's instalment of the #TrendingTreasury series
Read more
Give us a Waive
Tuesday 25 August 2020Sterling yields are heading towards zero – and perhaps MMF fees are too
Read more
Managing Optimum Cash Balances
Monday 24 August 2020Liquidity is a key requirement of an effective treasury operation but is holding excessive liquidity an expensive luxury in the current interest rate environment? Are there ways in which the optimum cash balance can be calculated?
Read more
Are you holding too much cash?
Friday 21 August 2020The elephant in the room is the likelihood of more widespread negative interest rates
Read more
Equity Markets & Equity Funds Update Webcast
Thursday 20 August 2020A second chance to listen to this week's instalment of the #TrendingTreasury series
Read more
Capitalising on your Capital Strategy
Thursday 20 August 2020Arlingclose have provided our clients with a template to form the basis for their capital strategy
Read more
Accounting for Negative Interest Income
Wednesday 19 August 2020Corporate finance managers should be thinking now about the accounting implications, ready for when the time comes.
Read more
Surprised?
Monday 17 August 2020After a number of positive data releases outperformed expectations, is it possible that economists' forecasts are too pessimistic?
Read more
The Usable Capital Receipts Reserve
Thursday 13 August 2020As Statements of Accounts are being produced is there an opportunity to review the balance sheet and make sure we are making the best use of resources?
Read more
iDealTrade - a Local Authority Dealing Platform
Tuesday 11 August 2020Find out more about what makes iDealTrade an easy, reliable and secure trading solution.
Read more
Can we still bank on the banks?
Wednesday 05 August 2020Should depositors be any more concerned compared to a few months ago?
Read more
Commercial Property Investment Update
Tuesday 04 August 2020Can a local authority with a small and concentrated exposure to commercial property deal with the impact of non-payment or reduction in rental levels?
Read more
Managing Commercial Property Risk Webcast
Monday 03 August 2020A second chance to listen last week's instalment of the #TrendingTreasury series
Read more
A New National Infrastructure Bank?
Friday 31 July 2020With the UK set to lose access to European Investment Bank finance, could we see a new independent infrastructure institution?
Read more
Time to do something different on debt?
Tuesday 28 July 2020HM Treasury’s consultation on the Public Works Loan Board (PWLB) “Future Lending Terms” closes at the end of July. While we wait to find out about new rules, rates and availability, an expanding band of borrowers are asking themselves - is it time to do something different on debt?
Read more
Section 114
Monday 27 July 2020What is Section 114 and why is it more relevant during the Covid-19 pandemic?
Read more
Demography is Destiny
Friday 24 July 2020What does a future world look like where population shrinks rather than grows?
Read more
Investment Benchmarking; what does it tell us?
Thursday 23 July 2020Arlingclose' quarterly investment benchmarking under the microscope
Read more
PAC Report on Commercial Investments Webcast
Thursday 23 July 2020A second chance to listen to the next instalment of the #TrendingTreasury series
Read more
Am IBORing you?
Monday 20 July 2020The Countdown to 2021: What’s happening with LIBOR transition?
Read more
How Creditworthy is your Leisure Provider?
Tuesday 14 July 2020Councils are often forced to step in with short term finance to ensure continuity of service.
Read more
The Importance of Financial Support and the Necessity of Due Diligence
Friday 10 July 2020Arlingclose has a successful track record of performing due diligence on a variety of commercial enterprises, from housing associations to retailers to property developers.
Read more
The Future for Sustainable Capitalism Webcast
Thursday 09 July 2020A second chance to listen to the next instalment of the #TrendingTreasury series
Read more
Getting the Balance Right
Monday 06 July 2020Is it now time to consider future borrowing relating to the two funds under two separate borrowing strategies?
Read more
Happy Bobby Bonilla Day!
Wednesday 01 July 2020This story teaches us the risk of having certain outgoings paid for by uncertain income
Read more
Potential Sunburn for Commercial Property
Monday 29 June 2020A CVA is a process which allows an insolvent company to pay creditors over a fixed period.
Read more
Are We Approaching the End of QE in the UK?
Thursday 25 June 2020Are we approaching the end of QE?
Read more
PWLB Consultation & The Future of LA Borrowing Webcast
Friday 19 June 2020A second chance to listen to the fifth webcast in the #TrendingTreasury series
Read more
Can it be Capitalised?
Friday 19 June 2020Are you making a significant charge to Revenue when it could be Capitalised?
Read more
Arlingclose digs deep… and plants a tree.
Wednesday 17 June 2020Read the steps that we have taken in becoming carbon negative.
Read more
Return of reason or temporary hiatus?
Friday 12 June 2020Had investors simply got ahead of themselves or is there more to the rise than meets the eye?
Read more
QE: Price Inflation or Asset Price Inflation Webcast
Friday 12 June 2020A second chance to listen to the fourth webcast in the #TrendingTreasury series
Read more
PWLB Future Lending Terms – The Sooner the Better?
Friday 05 June 2020Over the past twelve months, forecasting PWLB rates has become much more complicated.
Read more
Banks are safer than in 2008 – but safer for who?
Friday 29 May 2020The UK banking sector has undergone significant structural changes since the global financial crisis of 2007-09. So if coronavirus has a similar impact on banks, how different will the impact be?
Read more
Responsible Investment – ESG Engagement
Thursday 28 May 2020Engagement is a popular approach to responsible investment
Read more
What is Dividend Yield?
Friday 22 May 2020Does a stock with a high dividend yield automatically make a great investment?
Read more
Value Investing in the Time of Coronavirus Webinar
Thursday 21 May 2020Arlingclose hosted Schroders’ Ben Arnold, CFA to discuss how value investing strategies are holding up during the pandemic.
Read more
Code Commitments
Tuesday 19 May 2020Ensuring councils continue to operate within the Money Markets Code.
Read more
The Last Time Things Were This Bad
Thursday 14 May 2020This article looks at what happened in a very different and very long ago economic crisis.
Read more
How Slow Can You Go?
Thursday 14 May 2020How slow are credit rating agencies at updating ratings?
Read more
Managing Borrowing and Investment in UK Local Authorities
Thursday 14 May 2020External Insight
Read more
Coronavirus and Commercial Property Webinar
Tuesday 12 May 2020Coronavirus and Commercial Property
Read more
Credit cards getting locked-down?
Wednesday 06 May 2020What do consumer credit data tell us about the impact of the lockdown?
Read more
The Fiscal Cost of Tackling Coronavirus
Friday 24 April 2020Some startling but perhaps not unexpected numbers have been bandied about over the last couple of days.
Read more
Risky Business
Wednesday 22 April 2020Using sustainable hedging strategies to minimise interest rate risk.
Read more
How low can we go, and how fast will we get there?
Tuesday 07 April 2020Consumer confidence has plunged, read Arlingclose' take on the latest economic releases
Read more
Are you Missing Out on MRP Savings?
Thursday 23 January 2020Minimum Revenue Provision (or Loans Fund Repayments in Scotland) is the local authority equivalent of depreciation.
Read more
After Mark Carney; who could be next?
Wednesday 11 September 2019Who is going to replace Mark Carney in January 2020?
Read more
IFRS 9 and Other Common Year End Problems
Friday 19 July 2019IFRS 9 and Other Common Year End Problems
Read more
Negative yield curves and the outlook for UK monetary policy
Friday 21 June 2019Negative Yield Curves
Read more
Summer Loanin’: When's the best date to deal?
Wednesday 05 June 2019Summer Loanin’: When is the best date to deal?
Read more
Local Authority Borrowing Structures
Wednesday 24 April 2019The Types and Structures of Borrowing available to LAs
Read more
Monitoring Risk in Local Government Finance
Friday 05 April 2019Financial Strength Ratings
Read more
Interest Rates – How Low Can They Go?
Thursday 28 March 2019Interest Rates – How Low Can They Go?
Read more
Investment Property: a calculated risk?
Monday 04 February 2019Investment Property Analysis
Read more
HRA Debt Cap. Is it the answer to the housing crisis?
Friday 12 October 2018HRA Debt Cap. Is it the answer to the housing crisis?
Read more
The new stars in the Bank of England’s Inflation Report
Monday 20 August 2018The new stars in the Bank of England’s Inflation Report
Read more
Are You Capital Rich but Revenue Poor?
Tuesday 01 May 2018Are You Capital Rich but Revenue Poor?
Read more
Minimum Revenue Provision - Revised Guidance
Tuesday 27 March 2018Minimum Revenue Provision - Revised Guidance
Read more
iDealTrade - February 2018 Review
Wednesday 07 March 2018IDealTrade - February 2018 Review
Read more
External Insight - Deutsche Asset Management
Tuesday 27 February 2018EU Money Market Reform - LVNAVs: Cash or cash-equivalent?
Read more
IFRS 9 and Pooled Funds
Monday 05 February 2018A treasury manager and a financial accountant were overheard chatting by the coffee machine recently…
Read more
What could a hard Brexit mean for investors?
Tuesday 12 December 2017As negotiations continue between Theresa May and Jean-Claude Juncker, many are discussing whether we are going to have a hard or a soft Brexit. What does this mean exactly?
Read more
iDealTrade - Local Authority Market Insight
Thursday 07 December 2017Arlingclose launched iDealTrade.net on 8th November 2017. iDealTrade is a platform for local authorities to borrow and lend to one another, a market which has grown massively in recent years due to the high credit quality of local authorities and the flexibility and affordability of the funding they can offer.
Read more
Bank Stress Tests 2017 – Resilience, but no room for complacency
Wednesday 06 December 2017Bank Stress Tests 2017 – Resilience, but no room for complacency
Read more
The REIT way to invest in commercial property?
Tuesday 21 November 2017The REIT way to invest in commercial property?
Read more
External Insight - DCLG considering allowing shared ownership for RTB replacements
Friday 25 August 2017The government is considering proposals from a group of 50 councils to allow them to spend Right to Buy receipts on purchasing properties for shared ownership.
Read more
Bail-in at Banco Popular Espanol makes it a model for future failing banks
Monday 12 June 2017Drowned out by the noise of last week’s UK general election, one event went under the radar: the first demonstration of the formal and swift bail-in of a failing bank under the EU’s Bank Recovery and Resolution Directive (BRRD), making it a model...
Read more
Newham & Barclays LOBO Restructuring
Thursday 02 March 2017Newham & Barclays LOBO Restructuring
Read more
External Insight - Woodford Investment Management Ltd.
Monday 20 February 2017Are UK equities overvalued?
Read more
External Insight - CCLA - Property Sector Perspective
Monday 06 February 2017External Insight - CCLA - Property Sector Perspective
Read more
External Insight - Insight Investments - Asset-backed securities, ‘The Big Long’?
Monday 30 January 2017External Insight - Insight Investments - Asset-backed securities, ‘The Big Long’?
Read more
External Insight - Charteris - Inflation/Deflation Cycle: Why Index Linked Gilts Are Not The Answer
Thursday 12 January 2017External Insight - Charteris - Inflation/Deflation Cycle: Why Index Linked Gilts Are Not The Answer
Read more
External Insight - Payden & Rygel
Monday 09 January 2017External Insight - Payden & Rygel
Read more
External Insight - Federated Investors (UK)
Wednesday 04 January 2017External Insight - Federated Investors (UK)
Read more
Asset Financing and Leasing Variations
Monday 02 January 2017Asset Financing and Leasing Variations
Read more
The Prudential Regulation Authority
Friday 04 November 2016The Prudential Regulation Authority
Read more
Quantitative Easing: Bingeing on Bonds?
Thursday 29 September 2016Quantitative Easing: Bingeing on Bonds?
Read more
Borrowing Update - Post-EU Referendum Vote
Sunday 26 June 2016Borrowing Update - Post-EU Referendum Vote
Read more
Death Of A LOBO
Sunday 26 June 2016Barclays Bank has tackled their problematic local authority Lenders Option Borrowers Option (LOBO) book head on, informing all standard LOBO borrowers they have permanently waived their options to increase the rate on these loans.
Read more
Keep Calm and Carry On
Friday 24 June 2016The United Kingdom has voted to leave the European Union
Read more