Havering Council Budget 2025/26
Havering Council is currently addressing significant delays in delivering £1.673m of its agreed 2025/26 budget savings.
Havering Council is currently addressing significant delays in delivering £1.673m of its agreed £10.254m budget savings for the 2025/26 financial year. A report presented to the Overview & Scrutiny Board in October 2025 classified these savings as red, indicating they were unlikely to be delivered. At that time, £4.838m of savings were on track or delivered, while £3.743m were amber, meaning delivery was still possible.
This situation follows the council grappling with a budget shortfall despite forecasting an underspend of £1.0m against its £292m budget in the first quarter of 2025/26. A Cabinet Meeting in August 2025 reviewed this financial performance. The council had also applied for Exceptional Financial Support to prevent a Section 114 notice for the 2024/25 financial year, citing systemic underfunding since 2010.
Key facts
- Havering Council faces challenges delivering £1.673m of agreed 2025/26 budget savings, as reported in October 2025. Source
- Of the £10.254m in 2025/26 savings, £1.673m were classified as red, unlikely to be delivered, in October 2025. Source
- In October 2025, £4.838m of 2025/26 budget savings were on track or delivered, and £3.743m were amber. Source
- Havering Council reviewed its Q1 2025/26 financial performance at a Cabinet Meeting in August 2025. Source
- The council forecast an underspend of £1.0m against its £292m budget for Q1 2025/26 in August 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.