Capital Budget Outturns
Westminster City Council is addressing a significant budget gap and financial outturn for the 2025/26 financial year.
Westminster City Council's Cabinet discussed the financial outturn for the 2025/26 financial year in July 2026. A report to the Cabinet revealed an £8.2 million overspend in the General Fund revenue for 2025/26, primarily driven by pressures in temporary accommodation and children's social care. This overspend will be funded from the General Fund balance.
The council is also addressing a projected budget deficit of £161 million by 2030, a significant increase from previous forecasts, due to government funding reductions and rising service demands. In July 2026, the Cabinet approved an approach for medium-term financial planning to tackle these financial challenges.
Key facts
- Westminster City Council's Cabinet discussed the 2025/26 financial outturn in July 2026. Source
- Westminster City Council had an £8.2 million overspend in General Fund revenue for 2025/26. Source
- The 2025/26 overspend was driven by temporary accommodation and children's social care pressures. Source
- Westminster City Council faces a projected £161 million budget deficit by 2030. Source
- The council's Cabinet approved an approach for medium-term financial planning in July 2026. 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.