'ONE IN FOUR COUNCILS COULD LOSE MONEY' UNDER FUNDING PROPOSALS

AROUND a quarter of councils in England could lose money under the Government's proposed reforms to how local authorities are funded, analysis has found.

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A report from the Institute for Fiscal Studies (IFS) said the changes would create big “winners and losers” as ministers attempt to address perceived unfairness in levels of core funding across the country.

Sir Keir Starmer’s own council, Camden in north London, will be hit by the reforms when taking inflation into account, the IFS added.

The think tank said Camden, along with other inner London boroughs including Westminster, will have less money to spend on services even if they increase council tax by the maximum amount allowed.