Portsmouth MPs Stephen Morgan and Amanda Martin have welcomed the Labour Government’s announcement that Portsmouth will get a £62m cash injection for essential services – a 28% increase in the Council’s spending power.
Under the Tories, local authorities were starved of investment, with core spending power down by around a quarter since 2010. That put immense pressure on councils up and down the country, including Portsmouth City Council.
But the Labour Government has announced a radical overhaul of how local government is funded, reversing Rishi Sunak’s cheap political efforts to put money into wealthy shires and Tory seats.
Fair Funding is the next step on Labour’s journey to reverse a decade and a half of austerity and decline under the Conservatives, and build stronger communities.
England’s councils will get over £20 billion for essential services with more money going to places with the greatest need.