(4 years, 1 month ago)
Commons ChamberThe situation in Croydon is deeply concerning. There does appear to have been catastrophic financial mismanagement. Ultimately, it is the people of Croydon who will suffer as a result of that failed council. The council has decided to issue a section 114 notice. We will consider the findings of the urgent review, which concludes later this month.
As my right hon. Friend the Minister for Housing has said repeatedly today, the funding that we have put into councils since the start of the pandemic —more than £7 billion—has been deployed taking deprivation into consideration to ensure that the councils that need the money the most have the greatest share. As we approach the spending review, I will, of course, be arguing for further funding for local authorities so that they are properly and sustainably financed in the year ahead.