A south London council is seeking a £136m bailout from the government after revealing a £35m overspend this year.
Croydon Council faces a projected £98m shortfall in its budget for the upcoming financial year and is struggling to balance its finances despite a year of public service cuts and council tax increases.
The Conservative-led council attributes its worsening financial situation to a surge in homelessness and social care demand, along with rising costs for children’s placements.
The BBC has contacted the Ministry of Housing, Communities and Local Government (MHCLG) for comment. The department this week announced that £69bn in funding had been confirmed for England’s councils.
Croydon Council is seeking a bailout in the form of…
