Major fiscal events

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London Councils conducts research, analysis, policy development and communications activities to inform and influence all stages of the Government’s financial planning cycle.


The Budget is a statement made to the House of Commons by the Chancellor of the Exchequer on the nation’s finances and the Government’s proposals for changes to taxation. London Councils submits detailed written representations containing evidence and argument on local government finance to all Budget setting processes that invite such submissions. London Councils’ recent Budget documents can be found below.

Spring Budget 2024 - London Councils' Key Priorities

Autumn Statement 2023 - London Councils’ On-the-Day Briefing

Autumn Statement 2023 - London Councils' Key Priorities 

September Budget 2022 - London Councils’ Key Priorities


Local Government Finance Settlements

Annual funding allocations to individual local authorities are determined each year through the Local government finance settlement process, which must fit within the spending control totals set out in the Spending Review. The process usually begins with the publication of a technical consultation paper in the autumn before the publication of the provisional local government finance settlement in December. There is then a short consultation on the provisional settlement before allocations are confirmed early in the new year.

Provisional Local Government Finance Settlement 2024-25 - London Councils' Consultation Response

Provisional Local Government Finance Settlement 2024-25 - London Councils’ On-the-Day Briefing

Commentary on the 2024-25 Provisional Local Government Finance Settlement