Our submission to Government ahead of the Autumn Budget highlights the threat that lack of investment poses to under-pressure teams working in housing and children’s services, on top of the risks already exposed in adult social care.
London’s population will swell to 9.1 million by 2020, having grown at twice the rate of the rest of England. Yet by 2020 London boroughs will have experienced a 63 per cent funding cut.
London Councils’ research shows that that there will be a cumulative £1.6 billion funding black hole in borough finances by the end of the decade. This is three times the amount of funding that London boroughs have in reserve to address these pressures.
Cllr Claire Kober OBE, Chair of London Councils, said:
"We are urging Government to provide the additional £1.5 billion London boroughs need to simply keep going. However we know this is not a long term solution. It is clear that the local government funding system is broken. Therefore we pledge to continue working with Government to reform public services and seek new opportunities for devolution of powers and freedoms.”