
London boroughs face a funding gap of £700 million next year, says London Councils
(Picture: PA Archive)London’s borough councils will face a £700 million shortfall next year that would require the “toughest of tough” money-saving decisions — unless the Government increases funding for local services, cross-party group London Councils has warned.
It says the capital’s local authorities face making “colossal” savings that could see cuts to vital frontline services such as social care and bin collections, and would hit Londoners already struggling with the rising cost of living.