Councils in financial crisis predicted to double

By Martin Ford | 05 June 2024

The number of councils seeking support due to financial crisis is expected to double over the next year unless the next government injects more cash into the sector, senior figures have warned.

Last month, Lambeth LBC became the 20th council to secure exceptional financial support from the Department for Levelling Up, Housing and Communities (DLUHC) this year, in the form of a £50m capitalisation direction.

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Finance Solace CIPFA Funding DLUHC