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newsMar 7, 20261:10

Hackney Council's 2026-27 Budget: £200M for Housing, £13.6M for Streets

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“On March 7th, Hackney Council has approved its budget for next year, $2,026.27, with over $200 million set. Aside to fix and maintain its housing stock, plus 13.6 million pounds for street repairs and upkeep.”From the transcript

Hackney Councils 2026-2027 budget allocates over £200 million for housing repairs and £13.6 million for street maintenance, funded by a 5% council tax increase. Despite financial challenges, Mayor Caroline Woodley remains optimistic, thanks to a 25% government funding boost. The budget prioritizes essential services, with cuts totaling £33.8 million, as local elections approach.

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Hackney Council's 2026-27 Budget: £200M for Housing, £13.6M for Streets

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

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UK News Today | 2 Min News | The Daily News Now! — Hackney Council's 2026-27 Budget: £200M for Housing, £13.6M for Streets. Machine-transcribed; use the interactive transcript above to jump the player to any line.

On March 7th, Hackney Council has approved its budget for next year, $2,026.27, with over $200 million set. Aside to fix and maintain its housing stock, plus 13.6 million pounds for street repairs and upkeep. This comes partly from a nearly 5% council tax hike, pushing the ban debil to $2,060 and $30 pens for mapror. Lower income households can get up to a 90% discount while empty properties face double the tax after a year. Mayor Caroline Woodley expressed optimism despite tough finances, noting the council balanced the books without touching reserves, thanks to a 25% boost in government funding through $29.30. That cash helps scrap plants to cut library hours. Tensions ran high during the meeting when labor counselor, Saraya Atajare, defected to the Greens over funding frustrations, though opposition. Amendments like tax freezes and more grants still got voted down. The budget prioritizes must have services like social care and waste collection

amid $33.8 million in cuts, with more savings eyed by decades end as local elections loom in early May.

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