Medium Term Financial Strategy (MTFS) 2025/26 - 2029/30

In their 'Fixing the Foundations' public spending audit, the Government outlined a commitment to a more empowered, accountable and sustainable local government system. The Government's stated intent is to use the Spending Review to improve how different tiers of local government work together which will include consolidating funding streams for local authorities into the Local Government Finance Settlement. Many Government funding sources are short term or come with additional burdens. The MTFS makes some assumptions about inflationary increases in grants and assumes that the grants continue (except for New Homes Bonus and Services Grant), but until the Local Government Finance Settlement, expected late December, these cannot be confirmed.