Local Government Finance: Leicester
The question
To ask the Secretary of State for Housing, Communities and Local Government, what assessment her Department has made of the adequacy of funding allocated to Leicester City Council.
Answered by Ministry of Housing, Communities and Local Government
For Leicester City Council, the multi-year Settlement makes available up to £555.2 million in Core Spending Power by 2028-29, an above average increase of 36.1% compared to 2024-25, equivalent to £147.3 million.
The government is making good on long overdue promises to fundamentally update the way we fund local authorities. We are delivering fairer funding, targeting money where it is needed most through the first multi-year Settlement in a decade.
As a result of the fair funding review reforms, nine in ten councils will receive funding that broadly matches their assessed relative need by the end of the multi-year Settlement, up from around a third before our reforms.
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