The State of Local Government Finances

Pub. Date
01 February, 2024

There is a crisis unfolding across local government which has far-reaching implications that are not fully understood. Since 2021, seven local authorities in England have issued what is formally known as a Section 114 but popularly dubbed a ‘bankruptcy notice’. This is historically unprecedented.

This box reviews the situation for local government finances, examines how the government has responded and assesses what more can be done.