Local Government Finance
The question
To ask the Secretary of State for Housing, Communities and Local Government, pursuant to the Answer of 29 November 2024 to Question 15439 on Local government finance, if she will list each of the bidding schemes that have operated in her Department in 2024-25.
Answered by Jim McMahon
The government is committed to pursuing a comprehensive set of reforms for public services to return the local government sector to a sustainable position. This will be done in partnership with local government. We are inviting views on our objectives and principles for local government funding reform via a consultation that is open until the 12 February.
In regard to Local Growth funding, this Government was elected on a manifesto that stressed a partnership approach with local authorities and an intention to stabilise the funding system by providing multi-year funding settlements and ending competitive bidding which was the requirement for funds such as Future High Streets Fund, Town Deals and the Levelling Up Fund.
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