£90m monthly spending on homelessness accommodation ‘threatens to bankrupt boroughs’
New research from London Councils has found that boroughs’ monthly spending on temporary accommodation for homeless households increased by almost 40% in 2023. Since the start of the cost-of-living crisis, homelessness rates have skyrocketed across the capital city. As a result of a shortage of affordable accommodation, severe strain has been cast on boroughs’ budgets, … Continue reading £90m monthly spending on homelessness accommodation ‘threatens to bankrupt boroughs’
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