Financial recovery
Councils are working to address budget overspends and financial pressures as they pursue financial recovery.
Hillingdon Council discussed a £29 million budget overspend for the 2025/26 financial year in June 2026, noting an improvement of £7.7 million. Councillor Steve Tuckwell, Leader of the Council, attributed this positive direction to financial control, departmental underspends, and additional public health funding as part of the council's ongoing efforts towards financial recovery.
Lambeth Council approved its final statement of accounts for the 2024-25 financial year in March 2026, a step in its financial recovery. A report to the Corporate Committee highlighted that the council continues to navigate significant financial pressures, including demand in social care and temporary accommodation due to the housing crisis.
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 1 October 2026. Spotted a mistake? Email community@opencouncil.network.