Finance

Government announces funding boost for most deprived councils

18/12/2025
The Government has revealed details of its multi-year funding deal for local government that aims to shift funding to England’s most deprived areas.

Finance News

Council faces £2m deficit due to ‘continuing housing crisis’

09/12/2025

Worthing Borough Council says pressure meeting a ‘continuing housing crisis’ in the area means it is facing a £2.1m budget deficit this year, forcing it to ask the Government for emergency financial support.

Further evidence emerges around councils’ early years underspend

08/12/2025

Further evidence has emerged that councils are either holding back or diverting money that is earmarked for the early years sector.

Auditor sounds alarm over Shropshire finances

01/12/2025

Shropshire Council has been issued with a rare statutory recommendation by its external auditor.

Doncaster gives green light to £57m airport loan

28/11/2025

City of Doncaster Council has approved a £57m borrowing measure to help reopen Doncaster Sheffield Airport.

Rental arrears owed to councils soar 55% in six years

25/11/2025

Rental arrears owed to local authorities have climbed by 55% since 2019, according to a new analysis.

WLGA: Provisional funding settlement ‘does not come close’

25/11/2025

Council leaders across Wales have warned that the provisional 2026-27 local government settlement ‘does not come close’ to matching financial pressures.

Fair funding review labelled a 'sham'

21/11/2025

The fair funding review has been labelled a ‘sham’ by rural councils following its publication today.

‘Postcode lottery’ in rent support has cut tenants’ incomes, warns IFS

21/11/2025

Renters impacted by frozen local housing allowance (LHA) rates have seen a decrease in their disposable income by nearly £1,500 per year, researchers say.

Districts take hit in fair funding review

20/11/2025

District councils have been told their finances will take a hit as the fair funding review is published today.

Reed lobbies Treasury over fiscal devolution

13/11/2025

Local government secretary Steve Reed has made the case to the Treasury for devolving fiscal powers ahead of the Budget.

Worcestershire warned over special educational needs spending

11/11/2025

Worcestershire CC has been handed a financial warning by auditors concerned its spending on children with special educational needs is ‘out of control'.

Councils lack confidence in Crisis and Resilience Fund

31/10/2025

A report has confirmed that 98% of councils do not think the Crisis and Resilience Fund (CRF) will fulfil local needs.

Fears over fair funding tax formula

30/10/2025

Proposals around council tax in the fair funding review could actually have a detrimental impact on more deprived areas of England, councils have warned.

London councils face ‘eye-watering’ £4bn funding gap

30/10/2025

London’s town halls are warning of 'inevitable' service cuts and growing financial crisis as new analysis reveals a £4bn funding gap.

Late change to fair funding review expected

29/10/2025

Urban councils are expecting a ‘perverse' late change to proposed funding reform they fear would cost them hundreds of millions of pounds.

Woking to get £500m bailout as Surrey split in two

28/10/2025

Reorganisation frontrunner Surrey will have its 12 councils replaced by two unitaries, with £500m of Woking BC's debts written off, The MJ understands.

Major consultation to reform council tax in Scotland launched

27/10/2025

The Scottish Government and COSLA have launched a major consultation on the future of council tax.

DCN: Deprivation key determinant for spending

21/10/2025

Unitaries with a population over 350,000 tend to spend more per resident on services but are also more likely to run into financial difficulties, DCN shows

‘Outdated and harmful’: Council bailiff use soars 30%

20/10/2025

The use of bailiffs by local authorities in England and Wales has surged by 30% in just two years, according to new analysis from Debt Justice.

Reorganisation financial risk warning

20/10/2025

Local government reorganisation has been highlighted as a key concern by the Public Accounts Committee.

Councillors to reimburse £110,000 allowance overpayments

17/10/2025

Oldham councillors have been overpaid in allowances by more than £100,000, a report has revealed.

LGA: Costs pushing many to financial brink

17/10/2025

Emergency government bailout agreements for councils are at risk of becoming ‘normalised’ as costs outstrip available resources and push many to the financial brink, the Local Government Association (LGA) has warned ahead of the Budget.

SOLACE: Funding fails to offset the years of lost cash, claims president

16/10/2025

Central government funding for regeneration is positive but ‘can only go so far in offsetting the long years of lost funding', Solace president Robin Tuddenham has claimed.

England’s councils face poorest finances since 2010

16/10/2025

Local authorities in England are set to be poorer by the end of this parliament than they were in 2010, according the Institute for Government (IfG).

New unitaries in the south to cost over £12m

16/10/2025

The creation of new unitary authorities in the South of England is due to cost councils millions of pounds.

Councils urged to use £127bn procurement spend to deliver more

15/10/2025

English councils are being urged to use their £127bn annual procurement spend to deliver wider economic, social, and environmental benefits.

Labour MPs urge Chancellor to scrap ‘outdated’ council tax system

15/10/2025

Thirteen Labour MPs have urged Chancellor Rachel Reeves to abolish council tax, arguing that the current system is outdated and unfair.

IFS calls for council tax reform ahead of Budget

10/10/2025

Finance experts have urged Chancellor Rachel Reeves to use the upcoming Budget to reform council tax rather than rely on short-term revenue-raising measures.

UNISON: Councils on the brink as £4bn shortfall looms

09/10/2025

Councils are facing a £4bn funding black hole next year, leaving the most vulnerable paying the price for years of underfunding, warns UNISON.

Minister announces £20m museum boost

08/10/2025

Local museums across England are set to benefit from a share of a £20m Government fund designed to revitalise civic museums and enhance community engagement.

Experts' warning over Exceptional Financial Support

07/10/2025

Council finance experts urged the Government to ensure Exceptional Financial Support remains temporary and does not become ‘embedded in the public sector'.

Council to investigate links to Israeli Government

07/10/2025

Shetland Islands Council has proposed a motion to investigate its ‘financial holdings in companies linked to the Israeli Government’.

Conservatives pledge to scrap business rates for high street shops

07/10/2025

The Conservatives have promised to abolish business rates for high street shops and pubs if they win the next general election.

Reform council announces 'once-in-a-generation' budget review

06/10/2025

The Reform UK leader of Leicestershire CC has announced a ‘once-in-a-generation' external review of its £616m yearly budget.

Spending on SEND support set to hit £21bn

02/10/2025

Spending on education, health and care plans (EHCPs) and child disability living allowance (CDLA) in England is set to reach £21bn by 2029.

Glasgow launches £1m CMI for climate projects

02/10/2025

Glasgow City Council has unveiled a Community Municipal Investment (CMI), aiming to raise £1m to fund solar energy initiatives across the city.

£20m secured to restore historic Southport Pier

29/09/2025

Sefton Council has welcomed confirmation that the Government will provide full funding, estimated at around £20m, to restore the historic Southport Pier.

Audit delays leave Tees Valley accounts in limbo

25/09/2025

Tees Valley Combined Authority’s latest accounts will not receive a clean bill of health after delays linked to the previous year’s financial results.

Shropshire 'a hair's breadth' from s114

25/09/2025

Shropshire Council will have to rely on Exceptional Financial Support (EFS) to stave off a section 114 notice, according to a corporate peer challenge.

Bracknell Forest Council reveals ‘impossible’ funding gap

25/09/2025

Bracknell Forest Council could expect a budget gap of nearly £20m across the next three years.

Councils hit by £266m temporary housing funding shortfall

25/09/2025

Councils face a soaring bill for temporary housing as the funding gap widens by 30% in a year, the Local Government Association (LGA) has warned.

Dorset hopes to recover potential contract fraud losses

23/09/2025

A council that sacked 11 interim officers over the potential mismanagement of a multi-million pound repairs contract hopes to recover at least £1m.

Welsh councils warn of job losses without budget boost

22/09/2025

Welsh council leaders have warned of job losses, service cuts and council tax hikes unless next year’s budget brings extra funding.

English councils report record £1.2bn parking surplus

18/09/2025

New figures from the MHCLG reveal that English councils made a record £1.189bn in profit from on-street and off-street parking in 2024/25.

Reorganisation debt warning

16/09/2025

Ministers need to do more to ensure council debts are not a financial barrier to local government reorganisation, local authority leaders have warned.

Cash flow warning over council tax change

15/09/2025

Plans to switch council tax billing from 10 to 12-month instalments could leave local authorities with cash flow problems, experts have warned.

Council leader calls for vital funding reforms

15/09/2025

The leader of Barnsley Council has highlighted the urgency of delivering funding reforms to Red Wall areas.

New unitary authorities could push up council tax, DCN warns

15/09/2025

Residents in new unitary authorities could pay increased council tax, the District Councils’ Network (DCN) has cautioned.

Section 114 notice warning for Halton

12/09/2025

Halton BC may be forced to issue a section 114 notice if the council fails to bring its spending under control, senior councillors have been warned.

Shropshire Council acts to avoid Section 114

05/09/2025

Shropshire Council is expected to declare a ‘financial emergency’ next week as it seeks to avoid effective bankruptcy.

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