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Housing Today
Trusted media brand of the Chartered Institute of Housing
London boroughs back £3 rent convergence rate to avoid significant cuts to housing services
Local authorities could have to slash spending by £269m over four years, according to research by the London Councils coalition
The London Councils group has pushed for a rent convergence rate of at least £3 a week ahead of the government’s autumn budget announcement.
Recent analysis from the cross-party coalition suggests that local authorities in the capital will have to cut spending on council housing repairs, management and resident services by £269m over the next four years due to dwindling resources.
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