Budget

City of London councillor warns of ‘savage cuts’ as plan to shrink assembly rejected

A bid to reduce the number of councillors ahead of 2029 has been voted down. The City of London faces a projected £70 million budget shortfall arising from the Government’s Fair Funding reforms.

A bid to reduce the number of councillors ahead of 2029 has been voted down. The City of London faces a projected £70 million budget shortfall arising from the Government’s Fair Funding reforms.