Rising costs aren’t only hurting ordinary people. Most organisations are also feeling the strain of inflation, especially after the financial shock of the pandemic and Brexit.
The things that Brent Council needs to deliver – from building new council homes and maintaining the borough’s roads to statutory services like adult’s and children’s social care – are all becoming more expensive.
With the prices of basics, from food to fuel, rapidly increasing – many more families are also being pushed into poverty, meaning there are more people asking for both financial help and other forms of support from the council.
At the same time that demand for council services is rising, the money Brent receives directly from central government has been falling.
In the 12 years since April 2010, Brent Council has needed to save £196million from its budget – as the money the council receives directly from central Government has been cut by 78%.
Now, to make matters worse, the Government has said it will only confirm the money it plans to give local authorities for the next two years in December 2022, which makes it difficult for councils to plan.
All of this means Brent now needs to save even more money in order to balance its budget. It is estimated that an extra £28million needs to be saved by 2025, according to a report that went to the council’s Cabinet in July.