Every year the Chancellor sets out the Government’s plans for public finances and the economy in a Budget statement. From autumn 2017, the Budget will be delivered in the autumn, instead of in the spring.
Ahead of each Budget statement the LGA responds to the Government's call for written representations. Our submissions outline proposals for government policy for inclusion in the forthcoming Budget. Following the Budget statement, we publish an on-the-day briefing, highlighting the main announcements and their impact on local government.
This section brings together all our work on Budgets since 2013.
Annual local government finance settlements
Each year local authorities’ core funding allocations for the forthcoming financial year are announced by Government in the provisional local government finance settlement, usually in December. Following consultation, allocations are confirmed in the final settlement, usually in February
Business rates retention
In October 2015 the Government announced its intention to enable local government as a sector to retain all business rates raised locally.
The Autumn Statement was one of two major economic statements made by the Chancellor of the Exchequer every year.