Sky News analysis has found that areas with high levels of deprivation suffered the most from austerity.
For the most deprived 10% of local authorities, spending power per person fell by almost two-fifths between 2010 and 2021, twice as much as it did for the least deprived 10%.
For the most deprived 10% of local authorities, spending power per person fell by almost two-fifths between 2010 and 2021, twice as much as it did for the least deprived 10%.
So, why has this happened? Largely because of changes to the way govt funds councils, which ties budgets closely to the wealth of the area.
Needs-based grants rely far more on council tax and retained business rates levied on residential and commercial properties in their area.
Needs-based grants rely far more on council tax and retained business rates levied on residential and commercial properties in their area.
This has disproportionately affected poorer areas because they have lower property values.
One council that has suffered from this is Thanet, an area on the coast of Kent. It now gets only 5% of the government grant revenue it received in 2013.
One council that has suffered from this is Thanet, an area on the coast of Kent. It now gets only 5% of the government grant revenue it received in 2013.
This has had a direct impact on the council's ability to invest in regeneration and growth. The council’s finance director says that the economic development team is now run “on a shoestring”.
Read more here 👇
trib.al/PyE62Al
Read more here 👇
trib.al/PyE62Al
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