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The spending review announced on 27 October 2021, covering 2022–23 to 2024–25, provided £4.8 billion...
Conclusion
The spending review announced on 27 October 2021, covering 2022–23 to 2024–25, provided £4.8 billion (£1.6 billion each year) of new grant funding for local authorities.68 It also announced that council tax would be able to rise by 2% each year without triggering a council tax referendum.69 In addition, authorities with social care responsibilities would be able to set a 1% adult social care precept each year.70 Taking these points together, the government estimated that core spending power would rise by 3% each year after taking account of expected inflation.71 Separately, £3.6 billion will be made available to local authorities outside the local government settlement to fund government reforms to the way service users are charged for adult social care.72
Government Response
A response document is linked to this report, dated 28 April 2022. Response attribution to this conclusion has not been verified. Read the response document.
Source
Committee
Public Accounts Committee
Report
Thirty-Fourth Report - Local Government Finance System: Overview and Challenges
02 Feb 2022
HC 646
Addressee Bodies
HM Treasury
Timeline
Recommendation age
4.6 yrs
Report published
02 Feb 2022