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

To ask His Majesty's Government what financial assessment they have made of the impact of the Fair Funding Review 2.0, published on 20 June, on each London council.

The proposals in the Fair Funding Review 2.0 are subject to consultation and decisions have yet to be taken that will determine final allocations and the design of transitional arrangements. These proposals will target central government grant where it is needed most and we expect that the vast majority of councils with social care responsibilities will see their Core Spending Power increase in real terms over the multi-year Settlement.

We are also inviting views on a package of transitional arrangements available over the multi-year Spending Review period. For those councils who would see their funding fall as a result of these changes, our intention is to protect the vast majority of these councils’ income through a ‘flat cash’ (or 0%) funding floor. The consultation is live until 15th August. We will publish further information in the consultation response in autumn, followed by the provisional Local Government Finance Settlement later this year.