Released on 05 December 2012
On the basis of the Chancellor's Autumn Statement, funding for local government is expected to fall by a further 2% in 2014/15 beyond the funding reductions already expected.
Mayor Jules Pipe, Chair of London Councils says:
‘The capital needs 90,000 more school places for the start of the 2015 school term and the city’s housing crisis has been brought into sharp relief by the Government’s changes to the benefits regime.
‘This means additional financial pressure on London councils as they seek to ensure a good school for all London’s children and decent homes for Londoners.
‘In 2010 the Government announced a cut of 28% to local government grant. Yet the Government continues to cut the amount of funding available to local government.
‘London’s councils have been at the forefront of delivering efficiency savings while attempting to improve and protect local services.
‘The Government needs to be aware that with increasing levels of demand this level of cuts is unsustainable and presents a significant level of risk to delivering those services vital to ensuring that London is a world class competitive city. The Government needs to realise that if London doesn't work, the country doesn't work."