January 3, 2025 - 10:30

The association has issued a strong statement advocating for immediate and long-term reforms to create a more accountable and sustainable finance system for local government in England. In light of the recent financial settlement, there is a growing concern regarding the adequacy of funding for social care services. The current financial framework is seen as insufficient to meet the rising demands placed on local authorities, particularly in the realm of social care.
Experts argue that without significant changes, the quality of care provided to vulnerable populations could decline, leading to increased pressure on already strained resources. The association emphasizes that a transparent and equitable funding model is essential for ensuring that local governments can effectively serve their communities. By prioritizing these reforms, stakeholders hope to foster a more resilient social care system that can adapt to future challenges and better support those in need. The call for reform highlights the critical intersection of finance and social welfare in maintaining a robust local government infrastructure.
May 27, 2026 - 23:41
Fed's Cook says inflation is moving in the wrong direction, but she's looking to hold rates steadyFederal Reserve Governor Lisa Cook said Wednesday that recent inflation data is moving in the wrong direction, a troubling sign for the central bank`s efforts to bring price increases under control...
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Westpac to Pay $19 Million Fine Over Financial Hardship FailuresWestpac Banking Corp. has been ordered to pay a A$26 million penalty, equivalent to about $19 million in U.S. dollars, for failing to properly assist customers who were struggling financially. The...
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Hyperliquid steps into prediction markets arenaHyperliquid is expanding beyond its roots in crypto and blockchain, making a direct move into prediction markets and asset trading. The platform is positioning itself as a direct competitor to...
May 26, 2026 - 06:29
Asian Currencies Consolidate as Traders Assess Mideast DevelopmentsAsian currencies traded in a narrow range against the U.S. dollar on Tuesday, as investors paused to assess the latest geopolitical developments in the Middle East. The region`s foreign exchange...