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Greater London Authority: Finance

Asked by Kevin HollinrakeConservativeMinistry of Housing, Communities and Local GovernmentTabled Answered 28 March 2025UIN 39469

The question

To ask the Secretary of State for Housing, Communities and Local Government, whether she has increased the level of funding for the Greater London Authority in 2025-26 to address the increase in employers' National Insurance contributions; and what representation she has received from the Greater London Authority on this subject.

Answered by Jim McMahon

The final Local Government Finance Settlement for 2025-26 makes available over £69 billion for local government in England. The Greater London Authority will see an increase in their Core Spending Power of 3.1% in cash terms, or £97.7 million, on 2024-25.

As part of this package, the government confirmed allocations for the unringfenced £502 million Employer National Insurance Contributions Grant for local authorities in England. I can confirm the Greater London Authority will receive £18.8 million from the Employer National Insurance Contributions Grant.

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