Local Government Finance Settlement for 2026-27
Southwark Council approved a 3% council tax increase for 2026-27, influenced by the provisional Local Government Finance Settlement.
Southwark Council's Cabinet approved a 3% council tax increase on February 2, 2026, for the upcoming financial year. This decision was made as part of their consideration of the provisional Local Government Finance Settlement for 2026-27, which also includes a proposed 3% increase in the Mayor of London's GLA Council Tax precept.
The council tax rise by Southwark Council will add approximately £1.33 per week for a Band D property, with the total increase, including the Mayor of London's proposed 3% GLA Council Tax precept, amounting to about £1.61 per week for the same property type. The Local Government Finance Settlement is the provisional funding allocation from central government to local authorities.
Key facts
- Southwark Council's Cabinet approved a 3% council tax increase on February 2, 2026. Source
- The council tax rise by Southwark Council adds approximately £1.33 per week for a Band D property. Source
- The Mayor of London proposed a 3% increase in the GLA Council Tax precept. Source
- The total increase for a Band D property, including the GLA precept, is approximately £1.61 per week. 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.