Inclusive economy
Newham Council is addressing budget pressures affecting its Inclusive Economy department, as Islington initiates a scrutiny review into economic development.
Newham Council is currently addressing a projected £5.9 million budget overspend for the 2026/27 financial year, with cost and income pressures within the Inclusive Economy and Housing departments contributing to this. The council's Cabinet noted this forecast in July 2026, primarily attributing the overall overspend to demand-led pressures in social care.
Separately, Barking and Dagenham Council adopted its 'Our B&D' vision in September 2025, which includes the inclusive economy as a key theme, aiming to build communities and drive opportunities. In September 2026, Islington Council's Overview and Scrutiny Committee initiated a scrutiny review into "Place" within the borough, covering aspects of economic development.
An inclusive economy aims to ensure that all residents can participate in and benefit from economic growth, providing opportunities for all members of society. This approach is a corporate plan objective for Newham Council and a key theme of Barking and Dagenham's 'Our B&D' strategy.
Key facts
- Newham Council is facing a projected £5.9 million budget overspend for the 2026/27 financial year. Source
- Cost and income pressures within the Inclusive Economy and Housing departments contribute to Newham Council's projected overspend. Source
- Newham Council's Cabinet noted the forecast overspend of £5.923 million for the General Fund Revenue in July 2026. Source
- Barking and Dagenham Council adopted its 'Our B&D' vision in September 2025. 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 1 October 2026. Spotted a mistake? Email community@opencouncil.network.