Council Watch · Southwark

Southwark 2026–27 budget

The approved budget protects frontline services while responding to rising demand and funding changes.

StatusBalanced budget

Approved by Council Assembly on 25 February 2026.

Efficiencies£6.3m

Planned efficiencies identified for 2026–27.

Direct reductions£0.1m

Direct service reductions reported by the council.

Council tax4.99%

Increase for 2026–27; around £1.33 per week for a Band D household for Southwark services.

Main pressures

  • Homelessness and temporary accommodation
  • Adult social care
  • Cost-of-living pressures
  • Projected grant reduction of £17.8m by 2028–29 compared with 2025–26

Read the official source

Use the council’s budget announcement and linked papers for the complete breakdown and assumptions.

Open Southwark budget

Information checked: 29 July 2026.