International edition Finance & trade

Saturday, 3 October 2026

National Trade News

Independent coverage of global markets, trade and finance

Policy & regulation

London Labour council warns it may raise council tax by 150%

National Trade News policy desk (2026-10-03): A flagship Labour authority has warned it may have to impose a 150% council tax rise on residents to maintain current services following central government… Primary source: original at The Guardian (theguardian.com).

· The Guardian

London Labour council warns it may raise council tax by 150%

A flagship Labour authority has warned it may have to impose a 150% council tax rise on residents to maintain current services following central government cuts under a new funding settlement.

Hammersmith and Fulham council’s cabinet has concluded in a report due to be published on Monday that such a rise would cost Band D households an additional £29.11 a week in 2027/28.

Continue reading...