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News and Comment May 2024

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16 May - How did it go so wrong?

Tax promiseRather later than usual the 2024 table of London Council Tax rates has been completed. The advantage of waiting until May is that it gives the consistently lazy Councils; Camden, Lambeth, Newham, Southwark etc. time to get their latest rates on line, but there is not a lot that can be done about those that use the finest of grey fonts on a light grey background. Fortunately Bexley has never presented a problem and is notable only for being the biggest financial failure over the past 30 years.

In 1994 Bexley’s Band D tax rate was £340 a year and now it is £2,155. 30 years of inflation would have taken it to £691. Are services three times better? I think we know the answer.

Excluding the two Councils that went blue in 2022 Bexley retains its position as the highest taxing (consistently) Conservative borough in London.

 

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