Budget announcement update Spring 2015

Following yesterday’s Budget announcement, CFOA has produced a short overview highlighting the main points raised within this year’s Budget.

Please see the full response on our website. This includes links to budget background documents and the full budget speech.

While the budget statement did not specify anything directly to do with fire and rescue services, there were announcements regarding business rates and also flooding and its investment more than 1,500 defence schemes.

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The LGA also has produced a budget briefing which includes:

  • The Chancellor has recognised funding pressures facing councils and local services over the next few years and has not announced any more cuts to local government. Councils now need a period of financial stability and consistency so they can plan for the pressures facing local services which lie ahead over the next few years and need to be protected from any more funding cuts during this Parliament. This, alongside greater power to run local services, is essential.
  • The devolution deals announced recognised the economic potential of all areas. A total of 34 devolution proposals – from cities, towns and counties have been submitted across England. This will clearly require different approaches to different areas, including how these areas are governed.
  • The LGA has campaigned for local government to retain 100 per cent of business rates. Councils will need to play a lead role in making sure that any new system works effectively and the pilots announced today are an important first step. It will be important to avoid a knock-on financial impact on other councils, and local government will rightly need to play a lead role in making sure any new national system works effectively.

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