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Is austerity over? The 2020 Spending Review and the outlook for local government funding

Presentation

In this presentation given the at the Local Government's Winter Finance Conference on 6th January 2020, David Phillips looks at the outlook for local government funding, arguing that unless current plans are topped up, local government could face a renewed funding squeeze from 2021-22 onwards. He also highlights a number of options for addressing the likely funding shortfall, emphasising how the attractiveness of different options depends on the extent to which local discretion and accountability versus national standards and solidarity are prioritised.

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Presentation
On Wednesday 13th November, IFS researchers released their first annual report on local government revenue and spending issues, supported by our Local Government Finance and Devolution Consortium.
Press release
The Chancellor has opened the door to a less generous funding settlement for public services with today's Comprehensive Spending Review announcement. Another round of budget cuts for lower-priority departments is a very real possibility.