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Barnet seeks £88m in EFS to fight tide

(Shutterstock)

Barnet Council is set to request exceptional financial support of £88m for next year, warning that “the tide is pulling us faster than we can swim against”.

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The borough was granted EFS worth £55.7m in February after surging demand for social care and temporary accommodation, combined with higher inflation and interest

The biggest risks in local government finance, a backlash over debt write-offs as part of LGR, and a distaste for EFS were revealed in Room151’s annual treasury and finance survey.

(Tina Miguel photography)