UPDATE: Islington Council has just announced a groundbreaking initiative to create enough new green space to cover the Emirates Stadium more than five times over, despite significant budget cuts impacting backroom services. The Labour-run North London borough’s latest budget plan pledges to safeguard frontline services while aiming to deliver value for money for residents.
In a statement earlier today, Flora Williamson, Islington’s Executive Member for Finance and Performance, emphasized that the council remains in a “healthy place,” maintaining that no universal services are on the chopping block. However, a total of £2.7 million will be cut from children’s services that are not legally required, including a £700,000 reduction from safeguarding and family support through a service “redesign.”
The council is also recalibrating its housing strategy, admitting that housebuilding will slow due to rising construction costs. As part of the budget, Islington has allocated £59 million to buy back former council homes while expecting a £5 million underspend. This comes even as government funding is projected to rise by 1% overall, although it is expected to decline slightly over the next two years.
Facing rising operational costs of approximately 10%, Islington is making critical cuts primarily in back-office departments like legal, HR, and finance, mainly through voluntary redundancies. Williamson stated the council would invest in “good technology” to streamline operations and maintain service quality, although there are concerns that these staffing cuts could affect delivery.
Opposition leader Benali Hamdache criticized the council’s strategy, likening the cuts to “Tory economics,” stressing the potential negative impact on crucial services like housing and children’s welfare. In response, Williamson dismissed these claims, highlighting the council’s commitment to investing £100 million in new council homes, which she believes can “revolutionize” lives.
The budget also includes an additional £5 million fund for one-off investments aimed at making a tangible difference for residents. While the specifics of this funding are yet to be disclosed, Williamson promised announcements in the coming weeks and months as the council engages with the community.
London’s second-most densely populated borough is set to add 1.5 hectares of green space under the new plans. Williamson expressed excitement about this initiative, reiterating the commitment to enhancing the community’s quality of life despite financial constraints.
The budget report reveals that Islington is currently operating with reserves just above the “absolute minimum,” putting it significantly below the average for London councils. The chief financial officer has warned that while financial planning is considered “prudent,” the current reserves may not be adequate given the risks ahead, particularly with uncertainties about future government funding beyond 2029.
Stay updated with the latest news from North London. Sign up for our MyNorthLondon newsletter for daily insights and more.
