Camden Council’s finance chief has warned of more cuts to public services and redundancies, following the Chancellor’s spending review - which will see funding to local authorities reduce by 10 per cent.
An initial report responding to the drop in funding, which will come into force in 2015, will be presented to members of the council’s cabinet in July.
Cllr Theo Blackwell, cabinet member for finance, said exact details of where the cuts would fall would be published nearer the time.
But he said the funding reduction in 2015 was equivalent to a 22 per cent increase in council tax.
He said changes to front line services and more redundancies would be inevitable.
During his speech in the House of Commons last week, Chancellor George Osborne said the Department for Communities and Local Government would face a further 10 per cent cut to its budget,
But the Chancellor also announced extra funding would be made available for councils to freeze council tax for two years.
Cllr Blackwell said Camden was looking at the detail of the Chancellor’s statement, but overall the local authority’s spending would shrink by a quarter in three years, after shrinking a third over the last four.
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