Lambeth Council ends year in surplus – but rising costs and repairs still loom large
3 Articles
3 Articles
The salary is there – and just as quickly away again. Rent, electricity and co. often devour a large part of the income. What is left in the end?
Lambeth Council ends year in surplus – but rising costs and repairs still loom large
Lambeth Council ended the 2024/25 financial year with a small surplus, despite rising inflation, spiralling repair costs, and continuing pressure on public services. According to the latest draft Statement of Accounts, due to be presented to the Corporate Committee on 24 July, the Council reported a £0.1m underspend on its General Fund – an improvement on the £2.3m overspend that had been forecast earlier in the year. Total net revenue spending …
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