Arlingclose

Independent Treasury Advice for the public and not-for-profit sectors since 2004

[Room151 @room_151]

‘Extreme’ Prudential Code will impact reserves, warns Mike Jensen: The updated Prudential Code will make it more difficult for local authorities to counteract the effects of inflation, reducing the “real” value of reserves, according to the director of… https://t.co/ctXxoIWbF5

[Arlingclose @Arlingclose]

The UK is one of the most centralised countries in the world with a large number of decisions being made in Westminster.

Please read our latest insight where we compare the UK to the USA.

#localgovernment #treasurymanagement #taxation

https://t.co/Xq3HYDeVBG

[Arlingclose @Arlingclose]

The Bank of England has been working on “greening” the corporate bond purchase scheme (CBPS), to take the climate impact of the issuers of bonds into account.

Find out more in our latest insight.

#BankofEngland #QE #TreasuryManagement

https://t.co/dgfxfPCQLi

[Arlingclose @Arlingclose]

The 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.

#ActiveInvesting #PassiveInvesting #TreasuryManagement

https://t.co/d7b053ofKu

[Arlingclose @Arlingclose]

As 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.

https://t.co/ZVhW5o3wJw

#COP26 #ESG #NetZero

[Arlingclose @Arlingclose]

Postponed from last year, COP26 under the UK’s presidency will commence in Glasgow on 1st November 2021.

Find out the focus of the conference and a list of some of the terms, acronyms and initiatives you may come across.

#COP26 #TreasuryManagement

https://t.co/sugYtHcZUZ

[Arlingclose @Arlingclose]

One month ago today, the 10-year gilt yield was 0.80%. Today it is 1.12%, having been as high as 1.20%.

Get our thoughts in our latest insight below.

#BankRate #GiltYield #TreasuryManagement

https://t.co/AYJ60c4dto

[Arlingclose @Arlingclose]

One 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.

Please find out how we can help you.

https://t.co/qKnF5jmufz

[Arlingclose @Arlingclose]

CIPFA’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.

#PrudentialCode #TreasuryManagement #LocalAuthorities

https://t.co/7EKjd3IIbS

[Arlingclose @Arlingclose]

The question has to be asked, is the Bank of England (BoE) on the verge of making a policy error?

Read why we believe that the BoE may be rising rates too early.

#BankRate #Economy #TreasuryManagement

https://t.co/txfVy1k9cD

[Arlingclose @Arlingclose]

With the UK's debt now currently standing at around £2.2 trillion, Laura Fallon argues why the government's covid debt burden might not actually be that bad.

#economy #debt #covid

https://t.co/muypnKlqZf

[Arlingclose @Arlingclose]

Greenwashing is a word coined from ‘green sheen’ and ‘white washing’ describing the making of unsubstantiated or misleading claims about environmental benefits.

Please read our latest insight on the perils of greenwashing.

#ESG #treasurymanagement

https://t.co/SvFlsM7la1

[Arlingclose @Arlingclose]

Does the G20's Five Case Model offer a template for Local Authority projects? https://t.co/vMK5W2BaSn

[Arlingclose @Arlingclose]

The base effect isn't only affecting inflation data; labour market statistics are being distorted too! Click below to read the full article: https://t.co/hOvMlKqILH

[Arlingclose @Arlingclose]

One of the fears at the beginning of the pandemic was that of mass unemployment. Now as the economy reopens some businesses are saying that they can’t find enough staff. What has caused this about-turn in circumstances?

#Economy #LocalAuthority

https://t.co/7fURvWboVS

[Room151 @room_151]

David Green: CIPFA ‘softens edges’ of the new Prudential Code: Following an updated process, the new Prudential Code is ready to come into force. David Green writes CIPFA listened to respondents. Following its consultation on changes to the Prudential… https://t.co/TNSP5AGpQw

[Arlingclose @Arlingclose]

Following being hit with a £91m fine, Lloyds Bank has helped bring how banks treat their customers into the credit mix.

#Credit #Banks #TreasuryManagement

https://t.co/rkELGHyIGQ

[Arlingclose @Arlingclose]

The 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.

#credit #treasurymanagement #localauthorities

https://t.co/JLpRBtRT3a

[Arlingclose @Arlingclose]

Government 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?

#localauthorities #ESG #investing

https://t.co/1tvBipRPoD

[Arlingclose @Arlingclose]

Our latest insight takes a look at the two-stage process that town or parish councils must complete before borrowing for capital purposes.

For more information, please contact the Arlingclose team.

#parishcouncil #towncouncil #borrowing

https://t.co/ClFJLYVAnn