FINANCE

Local authorities are at a crossroads

While the Budget increases councils’ core spending power, many remain in the dark regarding funding formulas and redistribution, says Owen Mapley.

(c) pitchr/Shutterstock.com.

As we look towards the imminent financial policy statement, the draft settlement and next year's Spending Review, the need for public service reform has never been more pressing. The Budget made strides in addressing some immediate funding gaps, but it's clear these efforts must evolve into a broader, sustainable strategy.

Public services are grappling with severe challenges. While the Government's commitment to increase funding for frontline services is welcome, it's merely a temporary relief. For instance, the £1bn boost for special educational needs and disabilities recognises a system in crisis, but barely scratches the surface of the projected £8bn deficit by 2026-27.

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