No Final Decision Yet on Somerset Council Tax Increase Amount Monday, January 12, 2026 somerset counciltax budget localgovernment finance taxincrease socialcare governmentnegotiations councilservices budgetgap Somerset residents can expect an increase in their council tax bills this spring, although the final amount remains undecided. Somerset Council is currently in detailed negotiations with the central government to finalize its … Read More
Top Somerset Councillors Reject Calls to Resign Amid Financial Crisis Wednesday, January 7, 2026 somerset councillors resignation counciltax socialcare finance localgovernment debt leadership community Senior councillors of North Somerset Council have firmly dismissed demands that they all resign as the authority grapples with a looming financial crisis, including an exceptional council tax increase. Council leader Mike … Read More
Government Doubles Farming Inheritance Tax Threshold to Protect Family Farms Tuesday, December 23, 2025 inheritance tax threshold government farming agriculture business relief farms finance On Tuesday 23 December, the government announced a significant increase in the Agricultural and Business Property Relief (ABPR) thresholds. Starting from April 2026, the individual threshold will rise from £1 million to £2.5 … Read More
Somerset Council Faces Financial Crisis Amid £73m Budget Gap Saturday, December 13, 2025 somerset budget council finance austerity transformation government savings consultation crisis Somerset Council is confronting a severe financial crisis, with an alarming £73 million budget gap threatening its sustainability, according to councillors and external auditors. Despite recent budget proposals that include … Read More
Somerset Council Faces Financial Crisis Amid £73 Million Budget Gap Saturday, December 13, 2025 somerset budget council finance crisis transformation auditors funding assetsales bankruptcy Somerset Council is confronting a severe financial crisis, with an estimated £73 million budget shortfall raising fears of a “lingering death,” according to councillors and auditors. The authority recently … Read More
Somerset Council Confronts £73m Budget Crisis Amid Financial Struggles Saturday, December 13, 2025 somerset council budget finance savings transformation audit overspend government assets Somerset Council is grappling with a severe financial crisis, facing a staggering £73 million budget gap that threatens its future viability. Councillors and auditors alike have warned that without urgent action, the council … Read More