PFM (Public Financial Management), which provides advice to US cities, states, and utilities is set to launch in the UK. PFM said it was entering the market due to a demand for financial advice among local authorities and because of the “changing rules around where local authorities can borrow from, such as alternatives to the PWLB.” The firm added: “PFM works exclusively with government and public sector clients. This means it understands their specific and unique needs, while recognising the pressures under which they operate.”
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