Item 5 - London Councils' finance lobbying strategy - update (L2/19)

 
Summary 
 
This report updates Leaders’ Committee on the latest developments and lobbying activity in relation to the finance lobbying strategy agreed by Leaders’ Committee in June 2018. It includes updates on the major events that will shape the local government finance system from 2020: the Spending Review 2019, the Fair Funding Review and 75 per cent Business Rates Retention reforms. It also provides an update on 2019-20 provisional local government finance settlement.
Recommendations 
 
Leaders’ Committee is asked to:
• note the progress on finance lobbying with respect to the key events outlined in the report; and
• consider and endorse the proposed lines in response to the current consultations on the Fair Funding Review and 75 per cent business rates retention.
 

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