Financial Monitoring
Lambeth Council faces financial management risks, as councils review performance and governance.
Lambeth Council is currently facing significant financial management risks, with an independent Grant Thornton review in October 2026 finding it at risk of non-compliance in eight key financial areas. These include demonstrating value for money, financial resilience, and monitoring financial performance, according to a report presented to the Audit and Risk Committee.
Other councils have also recently reviewed their financial performance. In September 2026, Kensington and Chelsea Council's Audit and Transparency Committee reviewed an Auditor's Annual Report highlighting governance weaknesses, while Lewisham Council's Public Accounts Select Committee discussed financial monitoring for the 2026/27 period.
Key facts
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 23 October 2026. Spotted a mistake? Email community@opencouncil.network.