Project

Financial Response and Recovery Plan

1 story · 1 council

Haringey Council is addressing significant financial strain, considering council tax increases and service fees to balance its budget.

Haringey Council was addressing significant financial strain in July 2025, with core government funding having decreased by £143 million since 2010, according to a report presented to the Overview and Scrutiny Committee. The report also noted a rise in residents claiming Universal Credit and the increasing difficulty of meeting statutory requirements. The council was considering council tax increases and service fees to help balance its budget.

The report, presented in July 2025, detailed the draft 2026/27 budget and the 2026-31 Medium Term Financial Strategy, highlighting pressures as the borough aimed to set a balanced budget. The Financial Response and Recovery Plan is Haringey Council's initiative to address these financial pressures and reduce its reliance on Exceptional Financial Support. No further meetings or developments regarding the plan are currently scheduled in the provided information.

Key facts

  1. Haringey Council's core government funding decreased by £143 million since 2010. Source
  2. The number of Haringey residents claiming Universal Credit has risen. Source
  3. A report on the draft 2026/27 budget was presented in July 2025. 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.

Latest stories

  1. Haringey Council Faces £143M Funding Cut and Rising Universal Credit Claims, Considers Council Tax Hikes and Service Fees Haringey Council is facing significant financial strain as core funding from the government has decreased by £143 million since 2010. At the same time, the number of residents... Haringey 26 July 2025