New Homes Bonus

• The changing shape of the local government finance system

  Aileen Murphie explores how local government finance has changed since 2010 and what challenges councils face leading up to 2020.

  

• EXCLUSIVE: Future of new homes bonus cast in doubt

  The future of the £7bn New Homes Bonus is in doubt, after Treasury ministers revealed they believe the policy has failed.

  

• Districts call for new homes bonus threshold to be scrapped

  The New Homes Bonus (NHB) baseline is punishing district councils for delivering more homes and should be scrapped, according to calls today.

  

• Councils hit out at lack of new money in final settlement

  Local government figures have expressed their disappointment at a lack of new council funding in the 2017/18 settlement.

  

• Councils facing £5.8bn funding gap by 2020 warn town hall chiefs

  The financial settlement will leave two-thirds of councils millions of pounds worse off in 2017/18 - with 201 districts pushed towards ‘financial tipping point’ - council leaders have warned today.

  

• Javid announces reforms to New Homes Bonus

  Money from the New Homes Bonus will be diverted to upper-tier councils to fund adult social care, the Government has announced.