London councils to lose millions in funding despite high poverty levels
The article discusses a proposed funding shake-up by the UK government that will result in significant funding cuts for deprived inner-city London councils, despite their high levels of poverty and homelessness. The analysis by the Institute for Fiscal Studies (IFS) reveals that councils like Camden, which includes Keir Starmer's parliamentary seat, could lose more than 10% of their funding under the new proposals. This has sparked a backlash from Labour-run town halls, as the government's promises to redistribute cash away from wealthy areas are not being fulfilled. The article highlights the concerns of these councils, which are facing the prospect of losing millions of pounds in funding despite the pressing needs of their communities.
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