Local Government Comes Together to Discuss Precarious Financial Position

Friday, 24 November 2023

Yesterday, the Welsh Local Government Association (WLGA) hosted a Finance Seminar in Cardiff, bringing together Council Leaders, Chief Executives, Finance Cabinet Members, and Finance Directors to discuss Wednesday’s Autumn statement, the pressing budget challenges in Welsh Local Government and offer valuable insights into the outlook for Welsh public services.

 

The WLGA expressed disappointment at the Chancellor’s Autumn Statement which offered very little in the way of support for local authorities or to address the budget black hole faced by Councils.

 

The seminar aimed to address the formidable budget challenges faced by local councils, as highlighted by the WLGA's previous characterization of last year's pressures as 'potentially catastrophic.' With collective pressures intensifying, the WLGA recognises the upcoming fiscal year of 2024-2025 as equally challenging.

 

Cllr Andrew Morgan OBE, Leader of the WLGA said:

 

“This week’s announcement by the Chancellor was a severe blow for Councils in Wales. The Autumn Statement failed to address the £411m budget black hole faced by Councils next year.

 

“Thursday’s seminar provided a platform for the exchange of ideas and the discussion of common issues, fostering collaboration to support councils in effectively balancing budgets and addressing exceptional pressures. An independent financial forecast was had from the Wales Fiscal Analysis team, outlining in stark terms the gloomy outlook for public services. We also heard from a Commissioner’s first-hand experience and his learning from being in an authority encountering an extremely difficult position.

 

“The WLGA continues to call for enhanced support for local services. The need to secure the future of essential services is critical.

 

“The WLGA remains committed to facilitating dialogue and collaboration among key stakeholders, reinforcing its dedication to supporting local councils in overcoming financial challenges and delivering essential services to communities across Wales.”

 

-Ends –

 

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