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On 18 December 2013, a WMS announced the 2014/15 Local Government Finance Settlement for consultation. An illustrative settlement for 2015/16 was also released.

Settlement funding assessments for local authorities in England will fall by 9.4% in 2014/15 and 13.2% in 2015/16.

Spending power in England will fall by 2.9% in 2014/15 and 1.8% in 2015/16.


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