New Homes Bonus

• 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.