On 4 November 2024, the Independent R&B Discussion Group met to examine the latest budget and its implications for local services, public spending, and policies affecting welfare and business rates. Led by Malcolm Gardner, the session provided detailed insights from experts in local government finance and welfare, with a focus on emerging policies and the…
Category: Economics
The Impending End of the Household Support Fund: A Crisis for Families on Low Incomes and Local Economies
As the UK grapples with the economic aftershocks of the COVID-19 pandemic, rising inflation, and a turbulent global economy, the impending end of the Household Support Fund (HSF) presents a looming crisis for families on low incomes and local economies across the country. The £820 million hardship scheme, administered by local councils, has been a…
Economic Challenges and AI Opportunities for Local Government
Difficult Inheritance: Navigating Weak Growth and High Debt The new government steps into an economic quagmire marked by weak growth, high taxes, and a government debt that has tripled since 2007. Public spending is teetering on the brink of crisis with deteriorating public services adding to the urgency. Fiscal pressures are mounting due to an…
The High-Income Parental Penalty: Navigating the Tax System’s Cliff Edge
In the landscape of Britain’s tax system, a stark financial challenge confronts working parents earning above £100,000. This demographic, according to economic experts, faces an “abomination” of financial penalties that starkly contradicts the principle of rewarding work. The root of this dilemma? A series of policy decisions that strip away vital financial supports—such as free…
Monday Discussion Group 11/3/24: Budget 2024 Key Elements for Revenues and Benefits– Visionary Network
Last Monday, we discussed key elements from the 2024 budget announcement and how they may impact Local Authorities, specifically the Revenues and Benefits departments. Paul Howarth provided an excellent summary, which you can find in the recording, and there is additional information in the slide pack, plus links to key documents on our website. My…
Analysing the Fiscal Path: Insights from Jeremy Hunt’s Recent Remarks on UK Government Policies
Introduction In a recent discourse by Jeremy Hunt, a comprehensive overview was provided regarding the fiscal and policy directions of the UK government. This discussion brings to light the government’s intentions through a range of budget proposals focusing on local taxation, benefits, and overall economic strategies. Let’s delve into these key areas to understand their…
5/2/25 Monday Discussion Group: Councils Financial Crisis and the Knock On Effects
In our Monday chat, we dove into how the financial troubles facing local councils are also troubling for organizations like charities that depend on council funds. We talked about how this situation might lead more people who usually get help from these charities to seek help directly from the council. We also touched on the…
Monday Discussion Group 8/1/24 — Money, money, money
We returned this week with a great discussion where we looked at the recent Resolution Foundation briefing note for the Health Foundation that looks at pressures on family pay, prices, and properties and the corresponding burdens on it brings to local authority budgets. There is a cyclic pressure of more hard-pressed families turning to equally…
Jan 1 2024 Revenues and Benefits Update Pack
Happy New Year. I wanted to drop you a quick message during our holiday break. I’ve prepared a pack with the latest updates on revenues and benefits, covering what’s been happening with council finances and recent developments from the last couple of weeks. There’s some positive news about the funding settlement, although it still doesn’t…
Impact of Council Tax Rises Creates a Multifaceted Post-Code Lottery
The predicted council tax rises in the UK are projected to have a greater impact on households with lower incomes residing in the northern regions compared to those in the southern regions. This inequality stems from a combination of various factors: 1. Nature of Council Tax System: The Criteria for Determining Council Tax Bands: The…