UK Local Government Post Covid-19
The Covid-19 crisis has increased costs for UK local authorities while revenue from property related taxes and from fees and charges is falling. This will put many UK local authorities [...]
Infrastructure & Covid-19
The UK government recently announced more than £600 billion of infrastructure spending over the next five years. The proposed spending signalled a change of direction following the austerity [...]
Government Related Entities & “Junk” Ratings
The heightened risk of sovereign ratings downgrades in response to the COVID-19 crisis is likely to have the consequential impact of lowering the ratings of government related entities where [...]
Hybrid Bonds & Not for Profits
Hybrid bonds may have a useful role to play in the capital structures of not for profit entities that have exposure to commercial risk. Not for profit entities, such as housing associations, are [...]
