Budgets & Autumn Statements
Each year in the spring the Chancellor delivers his annual Budget to Parliament, followed later in the year by the Autumn Statement. The Fair Funding team produces on the day briefings to finance officers summarising the key points and issues for London local government. We also produce briefings for councillors in the days that follow.
Alongside the Budget and Autumn Statements the Office for Budget Responsibility (OBR) publishes its Economic and Fiscal Outlook which summarises key indicators about the state of the economy. The Fair Funding team uses the information contained in the Budget and Autumn Statement and the OBR’s figures to update our modelling and forecasting of local government funding each year.
Our work in this area can be found below.