At a glance
• The Greater London Authority faces a £19.2 million funding gap for 2026/27, prompting a review of all activities and potential staff redundancies
• The mayor’s share of council tax is set to rise by at least three per cent, pushing average annual payments above £500, while funding for free school meals for all London primary pupils will be retained
• Ongoing uncertainty over Government funding and lost post-Brexit “parachute payments”, new office costs and potential losses at West Ham’s stadium have contributed to the financial crisis
