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Early Year End Forecast 2025-26

1 story · 1 council

Lambeth Council's Early Year End Forecast 2025-26 anticipated an £18 million overspend, reflecting significant financial pressures faced by the council.

The Early Year End Forecast 2025-26, a financial report by Lambeth Council, anticipated an £18 million overspend for the period. This forecast was made as the council faced significant financial pressures, including a need for £84 million in savings over four years, as reported in July 2025.

In July 2025, Lambeth Council was grappling with a £60.5 million overspend and a requirement for £99 million in previously agreed savings, according to a Cabinet meeting. Councillor Claire Holland, Leader of the Council, informed the Cabinet that these difficulties stemmed from underfunding and increased demand for services, particularly in housing and social care.

Key facts

  1. Lambeth Council was grappling with a £60.5 million overspend in July 2025. Source
  2. Lambeth Council required £84 million in savings over four years, as reported in July 2025. Source
  3. Councillor Claire Holland, Leader of the Council, informed the Cabinet of financial difficulties 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 1 October 2026. Spotted a mistake? Email community@opencouncil.network.

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  1. Lambeth Council Faces £84M Savings Target Amid Funding Concerns and £60.5M Overspend Lambeth Council is grappling with significant financial pressures, requiring £84 million in savings over the next four years, in addition to £99 million already agreed upon,... Lambeth 29 July 2025