This would be a step change. It has been uncertain how mayors would be able to deliver without big financial tools. This brings England into line with international neighbours - the devil will be in the detail re how this works in terms of process/fairness https://t.co/Jc7JzX1uMt
This is a BIG announcement, and hopefully time to influence thinking on this so that the careful balancing of incentives, risks, redistribution, and administrative feasibility can take place.
So Rachel... I'll be back! [6/6]
10/10 Solution is not straight forward: it involves a balance and trade-off between devolution and funding, discretion and resilience, scrutiny and fairness. See forthcoming https://t.co/PkMFYX8kS5 for more info.
1/10 The Chancellor must set macro/micro signals in the #budget to reassure the country and localgov leaders struggling with finance. Spending plans for 2026-27 onwards aren’t due until 2025. This may lead to little mention of #localgov finance - there is some sense in this.
“We don’t know the exact details of Reeves’ plans for local government funding yet. But a wave of council bankruptcies is on its way.”
🖊️ @meganekenyon https://t.co/XxLgxSAtKQ
9/10 Evidence overseas shows reform only happens when debate is opened to new inclusive perspectives – particularly learning from best practice elsewhere and council officers/associated councillors who are best placed to offer insight into the current system.
“We don’t know the exact details of Reeves’ plans for local government funding yet. But a wave of council bankruptcies is on its way.”
🖊️ @meganekenyon https://t.co/XxLgxSAtKQ
Lots of disorientation around role of combined authorities, mayors and local govt. While pragmatically easier to work with relatively fewer regional entities, it is more numerous local government that anchors local areas, carrying the real pressure of delivering public services.
Mayors are set to be one of the big winners in the budget after Sir Keir Starmer personally intervened to ensure they have more freedom to spend cash and boost growth, Sky News understands.
🔗 Read more https://t.co/3Rodw3pBj8
In Feb our #localgov finance survey revealed the urgency of fixing council finances. We hope for at least some indications of the direction of travel from the UK #Budget24 on Weds ahead of the funding settlement at the end of the year. Read the survey report ⬇️ ⬇️
https://t.co/oi9oxhKo3P
1/3 In next week’s budget, the Chancellor faces the dual challenges of trying to fix public finances while laying the groundwork for growth and prosperity. But what does this mean for local government budgets?
#AutumnBudget
2/3 While it may provide some signalling on the government’s intentions around local gov finances, the initial financial settlement for local gov, due December, will be next fiscal event for council spending.
#LocalGov
See forthcoming book with co-authors: https://t.co/PkMFYX8kS5