William Eichler 11 October 2024

Council faces ‘unprecedented’ £175m budget gap

Council faces ‘unprecedented’ £175m budget gap  image
Image: Nigel J. Harris / Shutterstock.com.

Newham council has requested emergency government funding to help close an unprecedented budget gap of £175m.

The council predicts that without acting it could face a £100m financial gap in 2025/26, rising to £175m by the end of 2027/28. An estimated £100m of this is due to temporary housing costs.

It has set out a £20m package of savings, which includes a 20% increase on all fees and charges except those relating to resident parking, and income raising measures for the forthcoming financial year.

The council is also set to begin consultation on proposals for a further £70m of savings.

Cllr Zulfiqar Ali, Cabinet Member for Finance & Resources, said that past government policy and the housing market ‘has failed us.’

Mayor Rokhsana Fiaz OBE added: ‘We are a well-managed, financially responsible council but the additional costs of a 26% rise in demand for temporary housing are the difference between us being able to balance our budget both last year and this.’

SIGN UP
For your free daily news bulletin
Highways jobs

Lifeguard – Shift Pattern 1

Ribble Valley Borough Council
Scale 1B (scp 3-4) £12.45 to £12.65 per hour
We are looking for an experienced lifeguard to perform lifeguard duties Clitheroe, Lancashire
Recuriter: Ribble Valley Borough Council

Lifeguard – Shift Pattern 2

Ribble Valley Borough Council
Scale 1B (scp 3-4) £12.45 to £12.65 per hour
We are looking for an experienced lifeguard to perform lifeguard duties Clitheroe, Lancashire
Recuriter: Ribble Valley Borough Council

Business Support to Senior Leader

Wakefield Council
£24,790 - £25,183, Grade 4, 37 hours, Permanent
Are you flexible, looking for a challenge and a role where no two days are the same? Then this is the role for you! Wakefield, West Yorkshire
Recuriter: Wakefield Council

Locality Team Manager - East

Wakefield Council
£49,764 - £52,805, Grade 12, 37 hours, Permanent
We are looking for a Locality Team Manager to lead and manage a Locality Team Wakefield, West Yorkshire
Recuriter: Wakefield Council

Co-ordination Support Officer - Admin

Wakefield Council
£25,584 - £27,269, Grade 5, 37 hours, Permanent
Do you have excellent business administration skills with an interest in working in Adults Social Care? Wakefield, West Yorkshire
Recuriter: Wakefield Council
Linkedin Banner