Law or policy

Exceptional Financial Support (EFS)

4 stories · discussed at 2 council meetings · 3 councils

Barnet Council is addressing significant financial risks including reliance on Exceptional Financial Support, while Hillingdon Council anticipates using EFS.

Barnet Council formally accepted 18 recommendations in September 2026 from a financial review highlighting its substantial reliance on Exceptional Financial Support (EFS) due to projected structural deficits. Meanwhile, Hillingdon Council's Cabinet approved its 2026/27 budget in February 2026, anticipating the use of up to £62 million in EFS from the Ministry for Housing, Communities and Local Government to address a projected budget gap.

Exceptional Financial Support is a form of financial assistance provided by the government to local authorities facing significant financial difficulties. Councils like Lambeth are also navigating substantial financial pressures, with a projected £15.9 million General Fund overspend for 2025/26, primarily due to demand-led services and temporary accommodation costs.

Key facts

  1. Barnet Council accepted all 18 recommendations from a financial review in September 2026. Source
  2. Barnet Council's structural deficit is projected to reach £79.3 million in 2026-27. Source
  3. Hillingdon Council anticipates using up to £62 million in EFS from MHCLG. Source
  4. Hillingdon Council's Cabinet approved a 4.99% Council Tax increase in February 2026. Source
  5. Lambeth Council faces a £15.9 million General Fund overspend for 2025/26. Source
About this summary

This summary was written automatically from our published stories and the council meeting records they draw on. It describes what councils have discussed and decided; it does not take a view on any decision. Each key fact links to the story it comes from. Updated 30 September 2026. Spotted a mistake? Email community@opencouncil.network.

Latest stories

  1. Barnet Council accepts all 18 recommendations from financial review Barnet Council has formally accepted all 18 recommendations from a critical financial review commissioned by the Ministry for Housing, Communities and Local Government (MHCLG). Barnet 17 September 2026
  2. Lambeth Council Faces £15.9 Million General Fund Overspend Despite Q4 Improvements Lambeth Council is facing a significant £15.9 million overspend on its General Fund for the 2025/26 financial year, despite improvements noted in the fourth quarter. The Quarter... Lambeth 3 July 2026
  3. Lambeth Council Approves 2024-25 Accounts Amidst Financial Recovery and Government Funding Lambeth Council has approved its final statement of accounts for the 2024-25 financial year, a significant step in its ongoing financial recovery. The Corporate Committee met on... Lambeth 27 March 2026
  4. Hillingdon Council Approves 4.99% Council Tax Rise and Adult Social Care Precept Increase Amid Budgetary Pressures Hillingdon Council's Cabinet has approved a recommendation for a 4.99% increase in Council Tax for the upcoming financial year, a move that will see the annual charge for a Band... Hillingdon 22 February 2026