Capital receipts
Councils are currently managing significant financial challenges and capital programmes, which relate to capital receipts (funds from asset sales).
Lambeth Council is currently facing significant financial pressures, with a projected £9.3 million overspend for the first quarter of 2026/27, as presented to Cabinet in September 2026. This follows an earlier projected overspend of nearly £11 million for the current financial year, discussed by Cabinet in July 2026, with 21 savings schemes identified as at risk. These challenges form the financial context for managing capital receipts, which are funds generated from the sale of capital assets.
In July 2026, Waltham Forest Council reported a £28.7 million capital budget slippage for the 2025/26 financial year, representing 17% of its overall capital budget, according to its Revenue and Capital Outturn report to Cabinet. Separately, Croydon Council unveiled plans in February 2026 for an £874 million capital investment over six years, with a significant portion financed through borrowing. These capital programmes are part of councils' broader financial management.
Key facts
- Lambeth Council is facing a projected £9.3 million overspend in its first quarter financial performance for 2026/27. Source
- Lambeth Council's Cabinet discussed a projected overspend of nearly £11 million for the current financial year in July 2026. Source
- Lambeth Council has 21 savings schemes at risk of not being delivered, potentially creating an £18.157 million gap. Source
- Waltham Forest Council reported a £28.7 million capital budget slippage for the 2025/26 financial year. Source
- Croydon Council plans an £874 million capital investment over the next six years. 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.