Question to the Ministry of Housing, Communities and Local Government:
To ask the Secretary of State for Levelling Up, Housing and Communities, whether his Department have made an assessment of the impact of the local government finance settlement on Havering Council.
The final Local Government Finance Settlement for 2024-25 makes available up to £64.7 billion, an increase in Core Spending Power of up to £4.5 billion or 7.5% in cash terms on 2023-24. This above-inflation increase demonstrates how the Government stands behind councils up and down the country.
For Havering Council, this Settlement represents an increase in Core Spending Power of up to £15.82 million (7.2%) – making available a total of up to £236.4 million in 2024-25. We have also published details of support agreed with a small number of councils, including Havering Council, that have requested financial support on an exceptional basis due to specific local issues that they are unable to manage themselves.