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newsFeb 26, 20261:45

Croydon Council Approves 4.99% Council Tax Hike

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Croydon Council approves 4.99% council tax hike amid financial strains, with £13.5M extra for services. Mayor defends debt management, while opposition criticizes unfulfilled promises and departmental overspending. New budget includes £34M in additional savings and £40M for town centre regeneration, with ongoing dependence on government support and requests for more capital borrowing.

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Croydon Council Approves 4.99% Council Tax Hike

UK News Today | 2 Min News | The Daily News Now!

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UK News Today | 2 Min News | The Daily News Now!Croydon Council Approves 4.99% Council Tax Hike. Machine-transcribed; use the interactive transcript above to jump the player to any line.

On February 26, this episode is brought to you by NordVPN. If you use public Wi-Fi or care about your privacy online, NordVPN helps keep your connection, secure across all your devices. Links in the episode description. Here's the latest in UK news. Corden Council has approved a 4.99% council tax increase as part of its budget ahead of May's local elections. This maximum rise allowed without a referendum includes a 2% levy for a adult social care and should generate 13.5 million. Pounds extra for services. The decision comes amid ongoing financial strains, with the burrow carrying over 1.4 billion pounds in debt that costs 86 million pounds a year just to service. Mayor Jason Perry maintains the debt has held steady or slightly decreased under his leadership since 2021. Opposition Councillors from Labor, Greens and Liberal Democrats voiced frustration over unfulfilled promises to cut debt below 1 billion pounds. Library closures and departmental overspending. Perry counter that these

reflect rising demands in homelessness, education and care services, not cuts, and highlighted efficiency improvements. The new budget outlines 34 million pounds in additional savings next year plus 40 million pounds for town center regeneration. Corden still depends on government exceptional financial support, having received over 500 million pounds since 2021, and has requested more capital borrowing. Meanwhile, all parties note upcoming government funding boosts totaling 61.8 million pounds over three years, though leaders agree it. Fall short of solving core challenges as election debates heat up.

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