FINANCE

Waiting continues for multi-year settlement despite 'collapse' warnings

Local government expects another one-year finance settlement despite warnings that failing to address an estimated £4bn black hole could ‘collapse’ the sector.

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By Dan Peters | 12 September 2024
© Talaj / Shutterstock.com

Local government expects another one-year finance settlement despite warnings that failing to address an estimated £4bn black hole could ‘collapse' the sector.

A report by trade union Unison this week said failure to rectify the growing problem soon risked the ‘widespread collapse of local government' after its research found that councils across England, Scotland and Wales faced a collective funding shortfall of £4.3bn in 2025-26, with the figure rising to £8.5bn by 2026-27.

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Dan Peters

Popular articles by Dan Peters

  1. Future Forum Midlands: We don't have devolution, says Rogers
  2. Questions over future of exceptional financial support
  3. No clarity on productivity plans update requirement
  4. EXCLUSIVE: Asylum hotel use may increase as small boat crossings continue
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