Mayor says Hackney will have to makes much bigger cuts than though in 2011/2012

http://www.hackneycitizen.co.uk/2010/10/28/hackney-mayor-comprehensive-spending-review/

The council says that if correct, this could mean a reduction in government funding of between £50 and £60million in the coming financial year (2011/12).

Speaking at the full council meeting, Mayor Pipe said: “The detail behind last week’s government announcement suggests that the grant cuts aren’t spread across four years, but have been frontloaded to take out between £50 and £60million in the first year. This means a reduction of around 20 per cent in the first year, not the 7.25 per cent stated by the government. Unless there are further funding streams that are still to be revealed by the government to make up this shortfall, the council will be faced with having to make devastating decisions.

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