(1 year, 4 months ago)
Commons ChamberWe recognise that councils have faced challenges since covid, which is one of the reasons why we allocated billions more in subsidies to local authorities in the financial year 2023-24. Discussions on public spending often require hard choices and trade-offs on many worthy intentions, but we hope that the additional billions allocated demonstrate the Government’s commitment to local authorities.
As I outlined, we have allocated additional funds to local authorities in this financial year. It is also a statement of fact that a number of local authorities in England have increased reserves as a result of covid. In the last financial year, additional grant funding of nearly £7 million has gone to the hon. Gentleman’s local council, Bury Council, for adult social care.
Does my hon. Friend share my view that one way to support local government finance and to reward well-performing local authorities such as Bromley Council would be to introduce multi-year funding settlements? Will he commission a review into the merits of this, so that local authorities can better plan for the future?
My hon. Friend is absolutely right. It is a testament to the good work of Bromley Council that he can demonstrate this and talk about it with knowledge and experience. Multi-year financial settlements are something that we all aspire to. One of the reasons we brought forward the policy statement for financial year 2024-25 was to ensure greater clarity for councils at the end of this spending review, and we hope to be able to return to multi-year settlements in future Parliaments.