November 3, 2026

London Time News

London

Tag : Local government finance

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Sadiq Khan hails Budget as green light for London’s £10bn borrowing spree – Financial Times

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Mayor Sadiq Khan says the latest budget unlocks a £10bn borrowing programme to supercharge transport, housing and other infrastructure projects - a game-changing fiscal boost...
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Confronted with a £70m budget gap, the City of London is considering council tax increases and deep cuts to local services – a move that could leave residents paying more while receiving less. Council leaders warn tough choices are unavoidable as shrinkin

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The City of London is weighing tax rises and steep cuts to public services to plug a £70m budget gap - a move that has...
GalleryNews

Rachel Millward warns that Green-run councils are being starved of the funding they need, the BBC reports

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Rachel Millward told the BBC that Green-run councils are chronically underfunded, leaving them struggling to maintain basic services and to deliver vital climate action -...
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Labour-run London council issues stark warning: council tax could surge by up to 150% – The Guardian

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A London Labour council has issued a stark warning that it may raise council tax by as much as 150% to plug a yawning budget...
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Three Tory-run London boroughs confront the Prime Minister over sharp council tax rises – BBC

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Three Conservative-run London boroughs have mounted a direct challenge to the Prime Minister over proposed council tax hikes, warning of fierce local backlash and demanding...
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London borough ‘plotting Britain’s biggest-ever council tax hike, with household bills set to soar by up to 160%’ – London Evening Standard

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In a move that could hit household budgets hard, a London borough is proposing the biggest council tax rise in Britain - with some bills...
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London’s incoming Community Infrastructure Levy relief – the latest consultation explained and what it means for developers, landowners and local communities

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London's incoming Community Infrastructure Levy relief has been re-opened for consultation. Savills sets out the proposed changes, who could benefit, and what they mean for...

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