Fair Funding 2.0 review
Bromley Council is projecting a significant funding gap, partly attributed to the government's Fair Funding 2.0 review.
Bromley Council is projecting a significant funding gap, with a report to its Executive, Resources and Contracts Policy Development and Scrutiny Committee in January 2026 revealing a £22 million annual reduction by 2028/29. The provisional Local Government Finance Settlement for 2026/27 was described as disappointing for the borough.
This shortfall, attributed to the government's Fair Funding 2.0 review, which aims to reform how funding is allocated to local authorities, is expected to increase to £30.5 million in real terms by 2028/29.
Key facts
- Bromley Council faces a £22 million annual funding reduction by 2028/29, as revealed in a report. Source
- The provisional Local Government Finance Settlement for 2026/27 was described as disappointing for Bromley. Source
- The funding gap for Bromley is expected to escalate to £30.5 million in real terms by 2028/29. Source
- The funding shortfall is attributed to the government's Fair Funding 2.0 review. 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.