Stoke-on-Trent City Council: Government Assistance

(asked on 17th July 2024) - View Source

Question to the Ministry of Housing, Communities and Local Government:

To ask the Secretary of State for Housing, Communities and Local Government, if she will make an assessment of the potential impact of the terms of the financial support package given by her Department to Stoke-on-Trent City Council in February 2024 on the Council's future financial stability.


Answered by
Jim McMahon Portrait
Jim McMahon
Minister of State (Housing, Communities and Local Government)
This question was answered on 26th July 2024

This Government is under no illusions about the scale of the pressures that councils are facing, and is committed to providing councils with greater certainty and stability. In February 2024, Stoke-on-Trent City Council received in-principle capitalisation support of £21.7 million and £20.5 million, for financial years 2023/24 and 2024/25, under the previous Government's Exceptional Financial Support framework. Details of this support were published on gov.uk.

Under the previous Government's framework, financial support was agreed in-principle, with formal support and any associated conditions to be confirmed at a later date, subject to the outcome of an external assurance review of the council. The Government will consider the overall impact of any support provided when final decisions are taken.

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