Insights

06 Mar 2026Local Authorities

Do Councils Need To Account For Their Subsidiaries At Fair Value?

Accounting for council-owned subsidiaries depends on classification under the CIPFA Code. Where control exists, subsidiaries are consolidated into group accounts. In single entity accounts, investments are usually treated as financial instruments and held at fair value. Auditors are increasingly challenging immateriality arguments, requiring councils to justify valuations, assumptions and provide clear audit evidence.

05 Mar 2026Housing

How Will the National Housing Bank Change the Way Housing Associations Finance Development?

The National Housing Bank could reshape how English housing associations finance development by blending lower cost lending, guarantees and enabling finance with long term grant funding. Its success will depend on whether it genuinely unlocks private capital and improves scheme viability at scale.

04 Mar 2026Housing

Local Authority Funding for Housing Associations

Local authority investors are increasingly supporting housing associations with tailored lending that traditional markets often cannot match. Flexible structures, ESG alignment and collaborative relationships are unlocking significant funding opportunities, showing how public sector capital can play a larger role in housing finance.

03 Mar 2026Economic Updates

What Is the Term Premium, and Why Is It High?

Rising UK term premia, driven by waning pension demand, quantitative tightening, and geopolitical and fiscal uncertainty, are steepening the gilt curve and lifting long term borrowing costs. Duration risk may stay expensive despite falling policy rates, challenging treasury strategy.

02 Mar 2026Technical

How Should Organisations Calculate Expected Credit Losses?

IFRS 9 requires organisations to recognise expected credit losses using a forward-looking assessment of default risk. This involves weighing possible outcomes, the time value of money, and reasonable, supportable evidence — including for loans to subsidiaries.

02 Mar 2026Webcasts

Register Here - LGR Live

Please register for LGR Live here - a practical webinar on local government reorganisation. This will be hosted on Wednesday 4th March 2026 at 10am.

02 Mar 2026Local Authorities

Should You Lend to Local Authorities?

Are UK local authorities still a safe and attractive place to invest, and how can robust financial strength analysis help you target the right opportunities while capturing enhanced year end returns?

26 Feb 2026Local Authorities

Is Your Debt Portfolio Ready for Local Government Reorganisation?

Local Government Reorganisation has significant implications for debt portfolios, particularly where inherited borrowing may not align with the recalculated liability benchmark of a new authority. Prudent borrowing, portfolio simplicity and careful risk management during the transition will be critical to starting the new structure on a sustainable footing.

25 Feb 2026Universities

Should Universities Lend to Local Authorities?

Are UK local authorities still a safe and attractive place to invest, and how can robust financial strength analysis help you target the right opportunities while capturing enhanced year end returns?