Item 7 - Spending Review 2015 (L8/12)

Summary    

On 25 November the Chancellor of the Exchequer outlined details of the Spending Review 2015 (SR15) – which sets government departmental expenditure limits for the next four years (2016-17 to 2019-20).

It is too early to confirm what the exact impact will be and more detail is likely to emerge over time, however this paper outlines for Leaders the finance and policy announcements that impact upon London local government.

Recommendations    

Leaders are asked note and comment on the contents of the report.