London boroughs warn of £330m overspend on homelessness services

London boroughs warn of £330m overspend on homelessness services

Boroughs plea for financial lifeline due to ‘growing mismatch’ between temporary accommodation costs and Government funding

London councils face bankruptcy due to £330m homelessness budget overspend

Councils across London believe a £330m overspend on homelessness services is the “single biggest risk” to their finances and is pushing town halls towards bankruptcy.

Council to consider suspending housing policy amid worsening homelessness crisis

City of Edinburgh Council will consider redirecting all available council-owned housing stock towards people experiencing homelessness.

Homelessness overspend threatens to bankrupt London boroughs

New research published today by London Councils shows boroughs in the capital city were forced to overspend by at least £330million in 2024-25. On the surface London is a beautiful capital city with dozens of glamorous attractions. Even small street corners come decorated with quaint cafes or flower stalls. However, like the majority of things in life, it isn’t perfect. One of the main problems that has been plaguing London for decades is homele…

London boroughs issue bankruptcy warning over £330m overspend

Town halls may soon be forced into effectively declaring bankruptcy if more is not done to tackle the £330m homelessness overspend, London Councils warns.

£330m expected overspend on homelessness services could bankrupt ...

London Councils describes housing crisis as “single biggest risk” to boroughs’ finances