In a submission to the Chancellor of the Exchequer, for the Autumn Budget, the Local Government Association has called for a review of the “current self-financing regime” which has been in place since 2012. Under this regime Housing Revenue Accounts received no subsidy. More than 90% of their income is tenants rent and service charges. … Continue reading LGA calls for review of council housing ‘self-finance regime’
Category: Local Authority Debt
Local government’s “existential crisis” – a letter to Keir Starmer and Angela Rayner
Dear Keir and Angela Debt cancellation is a necessary part of the solution of the local authority funding crisis to prevent a new phase of austerity We are writing to you in relation to the deepening crisis of local government funding, which is spiralling out of control. We believe that we are rapidly reaching the … Continue reading Local government’s “existential crisis” – a letter to Keir Starmer and Angela Rayner
Campaign to cancel local authority debt
The financial crisis of local authorities is spiralling out of control as they struggle to cope with the coronavirus pandemic. The government has conceded an extra £1.6 billion but this is completely insufficient to cover the costs of all the extra work they face. Coming after ten years of austerity councils mirror the weakness of … Continue reading Campaign to cancel local authority debt
Labour Campaign for Council Housing 