Nation / PlaceGB
Croydon
A London borough council in south London.
Last refreshed: 27 July 2026 · Appears in 1 active topic
Key Question
Croydon has needed emergency support for years, so has anything changed?
Timeline for Croydon
#1 22 Feb
Received £119.0m of Exceptional Financial Support
Is Britain Actually Broke?: Emergency support now covers 36 councilsBackground
Croydon is a London borough council that has previously issued section 114 notices declaring it unable to balance its budget. It received £119.0m of Exceptional Financial Support agreed in principle by the Ministry of Housing, Communities and Local Government for 2026-27, one of 36 English councils supported that year, up from 18 two years earlier. Six of the 36 councils supported are already under direct statutory intervention.
Common Questions
How much emergency funding did Croydon get in 2026?
£119.0m of Exceptional Financial Support, agreed in principle by MHCLG for 2026-27.Source: MHCLG
Has Croydon issued a section 114 notice?
Croydon has a history of section 114 notices declaring it unable to balance its budget, alongside its 2026-27 emergency support.Source: MHCLG
Is Croydon council still under financial recovery measures?
Yes. Croydon continues to rely on Exceptional Financial Support alongside its post-section 114 recovery plan, receiving £119.0m for 2026-27.Source: MHCLG
What caused Croydon council's financial collapse?
Croydon's financial distress stemmed from failed commercial investments and property ventures that Left it unable to balance its budget, leading to multiple section 114 notices.Source: background