London boroughs are determined to work with the government to address the urgent challenges facing our city and country.
Councils in the capital and across the UK have a pivotal role to play in contributing to a new mission-driven approach.
However, objectively well-run councils are in dire financial positions. London Councils forecasts that boroughs collectively face a funding gap of at least £700m in 2025/26.
Without sufficient funding or powers to self-remedy, it is simply a matter of time before more councils can no longer meet their obligations and call on government’s time and resources to stay afloat.
In advance of the Budget on 30 October 2024, London Councils is highlighting priorities to stabilise local authorities’ finances and position them to support the government’s missions.