Read Mark Luntley’s article (link) on the blog Local Welfare (link) about the need for infrastructure investments and the situation for British local authorities.
Mark Luntley has a long experience of UK local authorities. He has been Finance Director of Oxford City and, before that, in the Western Isles in Scotland. After Oxford Mark joined the Local Government association and now he is working with a project that evaluates the possibilities of introducing a local government collective agency with the aim to finance UK local authorities.
The English Local Government Association (LGA) is now in the process of studying the possibilities of forming a local government funding agency. This is done in cooperation with the Local Government Associations of Wales. The first phase is due to be completed in January next year, when a decision will be made whether to continue the process or not.
In case of a continuation a further study process of about six months is perceived. Mark Luntley at LGA is heading this project.