Monday 4th July, 2022
Local authority spend with third parties in England has continued to increase significantly reaching £70bn in 2021, with growth almost doubled, according to Oxygen Finance latest Authority Spend Almanac.
Vulnerable Citizens and Public Health followed by Buildings were the two categories that benefited most from this increase, now accounting for 39% and 26% of total spend respectively.
The 3rd Local Authority Spend Almanac from Oxygen Finance, brings together a view of expenditure across Local Government in England, providing local authorities with crucial information to help them better understand how they are spending. To help councils tackle the climate crisis, the Almanac also provides insight into the estimated carbon emissions attributed to local authority supply chains.
The Spend Almanac finds, public Procurement is facing many challenges. Following the COVID-19 pandemic response, the sector now contends with rising inflation, global supply chain instability, and the climate emergency.
This Almanac covers spend between calendar years 2019 to 2021.