Guidance

Exceptional Financial Support for local authorities for 2023-24

Details of support granted to local authorities that have requested Exceptional Financial Support in financial year 2023-24 and the associated external assurance reviews.

Applies to England

In the financial year 2023-24 the previous government agreed to provide 8 councils with support to manage financial pressures via the Exceptional Financial Support process. For 2 councils this included agreement to support for prior years.

Local authority Exceptional Financial Support requests from local authorities: 2023-24
Croydon £63.0m (support agreed in-principle)

This was subsequently revised to:
£50.0m (support agreed in-principle for 2023-24)

£126m for 2019-20
£10m for 2020-21
£14.4m for 2021-22
£11.2m agreed in-principle for 2022-23
Cumberland £40.0m (support agreed in-principle)
Kensington and Chelsea £51.8m
Lambeth £50.0m (covering 2023-24 to 2024-25)
Slough £46.325m
Thurrock £180.17m (support agreed in-principle)
£452.491m agreed in-principle for 2022-23

This was reprofiled to:

£40.0m agreed in-principle for 2022-23 (February 2024), then subsequently reprofiled to £130m agreed in-principle for 2022-23 (February 2025)

£234.5m agreed in-principle for 2023-24 (February 2024), then subsequently reprofiled to £184.0m agreed in-principle for 2023-24 (February 2025)
Westmorland and Furness £11.0m
West Northamptonshire £6.6m agreed in-principle for 2023-24, then subsequently reprofiled to £6.52m for 2024-25

Capitalisation directions

Kensington and Chelsea Council capitalisation direction 2023-24 (PDF, 217 KB, 2 pages)

This capitalisation direction was amended in December 2024:

Kensington and Chelsea Council capitalisation direction 2023-24 (PDF, 106 KB, 2 pages)

Lambeth Council capitalisation direction 2023-24 (PDF, 256 KB, 2 pages)

This capitalisation direction was amended in February 2025:

Lambeth Council capitalisation direction 2023-24 and 2024-25 (PDF, 296 KB, 2 pages)

Westmorland & Furness capitalisation direction 2023-24 (PDF, 171 KB, 2 pages)

Croydon capitalisation direction 2020-21 and 2021-22 (PDF, 198 KB, 2 pages)

Croydon capitalisation direction 2019-20 (PDF, 261 KB, 2 pages)

Slough capitalisation direction 2023-24 (PDF, 176 KB, 2 pages)

Assurance reviews

CIPFA local government finance review: Lambeth Council

CIPFA local government finance review: Cumberland

CIPFA local government finance review: Westmorland & Furness

Interventions in local authorities

Statutory intervention: London Borough of Croydon

Statutory intervention: Slough Borough Council

Statutory intervention: Thurrock Council

Updates to this page

Published 29 February 2024
Last updated 23 February 2026 show all updates
  1. Adds new figures and capitalisation directions

  2. Added external assurance reviews for Cumberland and Westmorland & Furness. Added Westmorland & Furness 2023-24 direction and Croydon direction 2019-20.

  3. Added Lambeth Council capitalisation direction and assurance review.

  4. First published.

Sign up for emails or print this page