Extra 500mil. found for social care to ease pressures.
Today, the Government announced additional measures for local authorities, worth £600 million. This includes £500 million of new funding for councils with responsibility for adults and children’s social care, distributed through the Social Care Grant. Further details on the exceptional provision of this funding will be set out at the upcoming Budget.
Taking into account this new funding, local government in England will see an increase in Core Spending Power of up to £4.5 billion next year, or 7.5% in cash terms, an above-inflation increase, rising from £60.2 billion in 2023-24 to up to £64.7 billion in 2024-25.
By making progress on the Government’s plan to halve inflation, grow the economy and reduce debt, we now can provide this extra funding to councils to continue to provide vital services for their communities.