Tower Hamlets Council will inform you that it’s chopping its providers and growing council tax by 4.99 per cent from April due to the impression of Covid-19 and the federal government not serving to.
What they received’t inform you is that the federal government gave it an additional £63million of Covid funding however the council solely wanted to spend £55.5m of it this yr, leaving £7.5m spare (£1 million = 1pc enhance in council tax). The authorities has additionally given us one other £17m within the coming monetary yr for Covid.
The query is whether or not the council price range, to be agreed this Thursday evening, will delay chopping jobs by utilizing a few of this more money. Or will the council save the entire more money due to issues over what would possibly occur sooner or later to its enterprise charges earnings, together with if staff don’t return to their places of work?
