London Boroughs: Financial Support

Debate between Lord Bailey of Paddington and Baroness Taylor of Stevenage

Monday 3rd November 2025 Lords Chamber

[Lord Bailey of Paddington]

To ask His Majesty’s Government what plans they have to provide further financial support to London boroughs.

[The Parliamentary Under-Secretary of State, Ministry of Housing, Communities and Local Government (Baroness Taylor of Stevenage) (Lab)]

My Lords, we will deliver fairer funding for all local authorities, including in London. This financial year, we made available up to £13.35 billion of core spending power for London. The spending review provides over £5 billion of new grant funding over the next three years for local services that communities rely on. More details on the upcoming multiyear settlement and the Government’s response to the fair funding review will be published later this year.

[Lord Bailey of Paddington (Con)]

I thank the Minister for her Answer. Due to rising demand, London boroughs have overspent on children’s social care by £150 million annually for the past two years, yet the Government’s proposal for funding reforms assumes that London’s share has dropped by 40%. This could leave boroughs with a £1.5 billion cut, despite London being the region that uses emergency borrowing the most. Given that the fair funding review aims to match resource to need, will the Minister commit to correcting the children’s services formula or delaying its implementation until a proper review can be carried out?

[Baroness Taylor of Stevenage (Lab)]

The noble Lord raises an important issue around social care. He will know that the Government are committed to delivering reform to children’s social care and breaking the cycle of late intervention so that every child is safe and can thrive. We have already invested £500 million from the transformation fund to bring total funding over the spending review to more than £2 billion, and we are updating the formula to assess the need for children’s social care. The new children and young people’s services formula is based on the latest available data, has been developed in partnership with academics and is supported by the Institute for Fiscal Studies. I know that there are various factors driving the reductions in need share for some London boroughs. We will support local authorities by making sure that there are transitional protections in place if they see their funding fall as a result of the fair funding reform.

Housing Associations: Financial Assistance

Debate between Lord Bailey of Paddington and Baroness Taylor of Stevenage

Thursday 3rd July 2025 Lords Chamber

[Lord Bailey of Paddington (Con)]

My Lords, I beg leave to ask the Question standing in my name on the Order Paper, and I declare my interest as chairman of Faraday Ventures, which is set up to provide social housing and key worker housing.

[The Parliamentary Under-Secretary of State, Ministry of Housing, Communities and Local Government (Baroness Taylor of Stevenage) (Lab)]

My Lords, I thank the noble Lord, Lord Bailey, who I know is passionate about housing, particularly for young people. His question is very timely: just yesterday, we announced our long-term plan to deliver a decade of renewal for social and affordable housing. As part of this, we will provide the biggest boost to social and affordable housing investment in a generation with our new £39 billion programme, and we will ensure that at least 60% of that programme is spent on social housing. We will also give social landlords equal access to government building safety funding and provide a decade of certainty through the new rent settlement, supporting social landlords to invest in new and existing homes.

--- Later in debate ---

[Lord Bailey of Paddington (Con)]

I thank the Minister for her Answer. I have an additional question: at what pace will this money arrive, particularly in London? In London and the south-east, we have the greatest housing crisis compared with anywhere else nationally. How many homes will this money deliver, and at what pace will the Mayor of London have to provide these homes? The Government’s own Deputy Prime Minister was upset with his low level of delivery, and we want to be sure that there is a KPI for how many homes he is to deliver year on year with the money the Government are providing.

[Baroness Taylor of Stevenage (Lab)]

We intend to get this programme running as quickly as possible. That is why we have provided £2 billion of funding in advance of that settlement—so that we could kick-start the programme and get it going straight away. The rest of the programme will be open for bidding very shortly, so that local authorities can apply to bid for that fund. To answer the noble Lord’s question about London, 30% of the housing in that programme will be in London.

Council Tax

Debate between Lord Bailey of Paddington and Baroness Taylor of Stevenage

Tuesday 19th November 2024 Lords Chamber

[Baroness Taylor of Stevenage (Lab)]

The noble Lord has made this point in the House before. It is a good point; it needs to be considered alongside further reform of council tax. That is not our priority at the moment, but when it comes to be done, I am sure that his point will be taken on board.

[Lord Bailey of Paddington (Con)]

My Lords, for the last few years, at the insistence of a Labour mayor, Londoners in council tax bands D and B have had an extra £60 added to their bill to pay for Transport for London. Yet the mayor is about to enter negotiations with the unions for a four-day week and an inflation-busting pay rise. What is the referendum policy for London? With the charges that the mayor keeps heaping on people and these raises in mind, will the Government ask him to give taxpayers in London an opportunity to have their voices heard?

[Baroness Taylor of Stevenage (Lab)]

My Lords, the citizens of London had a chance to express their view in the recent election for the Mayor of London, and they did so resoundingly.