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The State of Local Government Finances
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External Authors
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Jack Shaw
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Political EconomyTags
Journal
National Institute UK Economic Outlook, No. 13, Vol. Series A
Publisher
NIESR, London
Issue
Winter 2024
There is a crisis unfolding across local government which has far-reaching implications that are not fully understood. Since 2021, seven local authorities in England have issued what is formally known as a Section 114 but popularly dubbed a ‘bankruptcy notice’. This is historically unprecedented.
This box reviews the situation for local government finances, examines how the government has responded and assesses what more can be done.
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