Commenting on the provisional 2024-25 Local Government Settlement, Welsh Conservative Shadow Minister for Finance and Local Government, Peter Fox MS said:
“Labour’s funding formula has prioritised their cash reserve rich heartlands with this settlement, ignoring the needs of councils like Monmouthshire, Powys and Flintshire that have been left at the bottom of the pile.
“And we still lack clarity from the Welsh Labour Government as to whether the increase costs incurred through the Chancellor’s National Insurance rise will hit council budgets directly, impacting on already sky-high council taxes.
“Labour’s funding formula is woefully outdated – it’s broken. The Welsh Conservatives will fix it to reflect the situation on the ground, promote fairness across Wales and deliver value for money for ratepayers.”
