Skip to content
Friday 17 July 2026EN · DE
City PM

European business, markets and politics

  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Opinion
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Opinion
  • DE
Wednesday 08 March 2017 8:02 pm

Councils will be offered £2bn to help fight off a crisis in the UK’s social care provision

By: Mark Sands

Add as a preferred source on Google

Local authorities will be offered up to £2bn over the next three years to help meet the cost of social care.

The funding was announced by chancellor Philip Hammond earlier today with £1bn of cash set to arrive in 2017-18.

Local Government Association chairman Lord Porter welcomed the announcement, saying the funding represented “a significant step towards protecting the services caring for the most vulnerable in our communities over the next few years”.

Read More: Was the Budget bad news for entrepreneurs?

In addition, Hammond said the Treasury will launch a consultation on plans to help fund social care later this year.

Former Prime Minister David Cameron had planned to install a cap on the cost of long-term care from April 2016, limiting total bills to £72,000.

However the plan, which had been a manifesto commitment during the general election, was dropped in July 2015 with ministers promising to review the implementation in 2020.

A revival of the cap has been reported as one plan under consideration by the Treasury, with alternatives including allowing the elderly to withdraw money from pensions for long term care and tax free Isa-style schemes focused on later life needs.

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News

Categories

  • Business
  • Politics

Trending Articles

  • James Watt offers to buy back Brewdog

  • Citroën 2CV returns as a £13,000 electric car, and the timing is no accident

  • Motsepe backed to succeed Fifa’s Infantino by South African minister

  • Brewdog owner shrugs off James Watt takeover bid

  • Finsbury lines up Games Workshop splurge using merger windfall

More from City PM

  • Revealed: KPMG and Deloitte offer bumper redundancy packages to slash headcount

    Big Four
    Breaking news event showcasing a bustling city street scene with diverse pedestrians, modern buildings, and vibrant urban ...
  • Starmer took sport freebies worth tens of thousands of pounds while PM

    Sport Business
    Getty Images logo on a digital screen, symbolizing media content and stock photography for news and business platforms
  • Burnham: I’ll be a pro-business Prime Minister

    Politics
    Andy Burnham speaking at Labour leadership event, addressing the audience with confidence and engaging in political discou...
  • The real winner of the Fifa World Cup? Beer

    Sport Business
    Breaking news concept with blurred newspaper headlines and world map background, emphasizing global journalism and media.
  • Burnham to approve North Sea oil and gas drilling in policy blitz

    Politics
    North Sea oil terminal with storage tanks and docking facilities under a clear sky, highlighting energy infrastructure.
  • Thames Water in the dark as Burnham mulls embattled utility’s future

    Politics
    Thames Water creditors have made a last-ditch offer for a rescue deal.
  • James Watt eyes entire Brewdog UK business in comeback swoop

    Hospitality
    Brewdog CEO James Watt
  • Over 1,000 World Cup final tickets unsold as resale site demands $2.3m

    Sport Business
    Breaking news concept with abstract digital globe and binary code on a blue background, symbolizing global data connectivity

City PM — European politics, business and analysis.

Europe

  • Germany
  • France
  • Europe
  • UK & Ireland

Topics

  • Business
  • Markets
  • AI
  • Technology
  • Opinion
  • Energy

More

  • Politics
  • Economics
  • Fintech
  • Legal
  • Sport
  • Life

Company

  • About City PM
  • Editorial Policy
  • Corrections
  • Contact
  • Terms of Use
  • Privacy Policy
  • Cookie Policy
© 2026 City PM · Published by CityPM Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
About · Editorial Policy · Corrections · Contact · Privacy · Facebook