Six struggling London councils are set to receive emergency funding.
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00:00Out of 30 councils nationwide that are due to receive emergency funding due to exceptional
00:07financial hardship, six of those councils are here in the capital. With the money that
00:13is being given, intended to protect local services, the Ministry of Housing, Communities
00:20and Local Government confirms that more councils had requested exceptional financial support.
00:29This year than since the process was established in 2020. However, not all requests were approved.
00:37Let me talk you through the list of councils in London that will receive this emergency
00:43funding. Croydon, which tops the list at £136 million, Havering at £88 million, Barnet
00:54at just under £56 million, Newham at just over £52 million and Haringey at £37 million.
01:01Finally, Enfield, which is due to receive £10 million. In addition to this, Lambeth
01:07Council is also being given £40 million specifically to manage financial pressures within its housing
01:14revenue account. These struggling councils in London are not particularly off-brand with
01:21the rest of the nation. Councils across Britain have been facing chronic financial struggles
01:28over the last few years. Local Government Minister Jim McMahon said we are under no
01:35illusion of the state of council finances and have been clear from the outset on our
01:41commitment to get councils back on their feet.