Steve Bullock in the e-newsletter he sends out tells us just what the scale of the cuts are in Lewisham:
The Council had been planning to have to reduce its budget by £60 million over the next three years. Following the recent announcement, it now seems it will be forced to find a massive £89 million over the coming four years. Next year alone it is facing a reduction of £33 million.
These figures add up to the greatest financial challenge the Council has ever had to face. So far we have been able to meet most of our savings through efficiencies and have protected services to the most vulnerable. We had been expecting to reduce our budget by around £20 million next year – now we know we have to increase that amount by a further £13 million.
To put that in perspective, should local fund-raisers want to replace the £89 million that has been lopped off the council’s budget they will need to do better than two Children in Need events.