MONEY

Leeds Credit Union (LCU)
17th October 2025
2 mins read

Leeds Credit Union Unveils £20 Million Drive to Make Christmas More Affordable

Leeds Credit Union (LCU) has launched its largest-ever Christmas loan campaign, aiming to help local residents save up to £20 million in interest charges this festive season. Leeds Credit Union is making a real difference in the lives of thousands across Leeds and the wider region by offering fair, affordable, and community-focused financial services.…
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Leeds City Council Budget
9th February 2025
6 mins read

Leeds City Council Leader Welcomes Additional Funding but Cautions That Significant Budget Challenges Still Lie Ahead

Councilor James Lewis, the leader of Leeds City Council, has expressed approval of the new funding allocated to the city, following the release of the final budget plans for 2025/26, which include an additional £67 million for the next year. Despite this boost, the council is still faced with substantial financial challenges due to…
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Tracy Brabin, Mayor of West Yorkshire
31st January 2025
1 min read

West Yorkshire Mayor to Present Annual Budget Amid Economic Challenges

West Yorkshire Mayor Tracy Brabin is set to present the region’s annual budget, outlining key investment priorities for 2025 and demonstrating the impact of devolution in action. The budget will detail how the region plans to allocate its £890 million in devolved funding, focusing on economic growth, improved transport, public safety, and essential local…
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LCU CEO Mark Fleet
26th September 2024
2 mins read

Leeds Credit Union Saves Local Workforce Over £1 Million in Loan Interest

Leeds Credit Union (LCU) has helped workers in and around Leeds save over £1.1 million in high-interest loan repayments by providing £1.5 million in loans over the past year. As a community-oriented financial institution, Leeds Credit Union has significantly alleviated the financial burden on local workers by helping them steer clear of costly and…
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Leeds City Council and Democracy
22nd September 2024
3 mins read

Leeds City Council Deputy Leader Highlights Significant Financial Challenges in Updated Five-Year Strategy

Leeds City Council recently updated its five-year medium-term financial strategy, highlighting the daunting task of achieving balanced budgets amidst ongoing substantial cost-saving requirements. At the executive board meeting, the council outlined the need to find an additional £273.7 million in savings over the next five fiscal years. This need arises as councils nationwide grapple with…
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Leeds City Council Budget
2nd February 2024
4 mins read

Leeds Council Leader admits extra funding “not enough to make a difference” as annual budget plans for 2024/25 finalised

Final budget proposals to be discussed in February 7. The Leader of Leeds City Council has described extra government funding as ‘regrettably not enough to make any real difference’ as final budget plans to deliver £63.9million of savings in the next year were released. The council’s budget report for the coming financial year 2024/25…
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Leeds-City-Council’s-initial-budget-plans-for-2024-25
15th December 2023
1 min read

Consultation launches on Leeds City Council’s 2024/25 budget proposals

Public consultation on Leeds City Council’s annual budget proposals to deliver an estimated further £58.4 million savings, alongside an additional £7.4 million of already agreed savings, in the next financial year has now begun. The 2024/25 budget proposals show how the council intends to address the funding gap including a proposed council tax increase of…
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Leader of Leeds City Council Councillor James Lewis
8th December 2023
4 mins read

Buildings closures, service changes and price increases proposed as Leeds City Council tackles local government budget crisis

Initial budget proposals for 2024/25 announced. Building closures and sales, new car parking charges, service and staffing reductions and price increases are among wide-ranging changes being proposed as Leeds City Council sets out its annual budget plans for next year. The council has published its initial budget proposals for 2024/25 which will be discussed…
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Open Finance Coalition
14th July 2023
1 min read

Leeds joins major new Open Finance Coalition

Leeds has thrown its support behind a new coalition to open up financial data to deliver better outcomes for consumers and SMEs. Launched by the Centre for Finance, Innovation and Technology, the new Open Finance Coalition will demonstrate the power of leveraging financial data to deliver better outcomes and financial awareness for SMEs and…
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Leeds Credit Union
12th May 2023
2 mins read

No End In Sight For Leeds Residents’ Financial Woes

Leeds Credit Union is a not for profit credit union, offering its members access to savings, affordable loans and budgeting services. The results of a survey by financial services provider Leeds Credit Union (LCU) has revealed that 51% of its members believe the financial situation in their household has become worse or much worse…
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Living Wage Foundation Minimum Wage
17th February 2023
1 min read

Leeds City Council commits to real living wage

Leeds City Council has announced that it will pay all staff at least the level of the real living wage and will be increasing its minimum rate of pay to £10.90 per hour with effect from April 1 2023. The increase will bring the minimum full-time salary paid by the local authority up to…
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Leeds-City-Council-Budget-Consultation-2023-24
3rd February 2023
3 mins read

Leeds City Council Leader continues call for change to national funding model as final 2023/24 budget released

The Leader of Leeds City Council has reiterated his call for urgent changes to how local authorities are funded after final budget proposals to deliver £58.6million savings in the next financial year were published. Leeds City Council Leader Councillor James Lewis called for the immediate implementation of the government’s Fair Funding Review and a…
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13th January 2023
1 min read

Leeds Credit Union Makes £1m Available to Help its Members’ Finances

Leeds Credit Union is a not for profit credit union, offering its members access to savings, affordable loans and budgeting services. Financial services provider Leeds Credit Union has begun 2023 by launching a new initiative to help its members consolidate their debts and lower their monthly outgoings. By making £1 million available to its…
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Leeds City Council Budget Consultation 2023-24
16th December 2022
3 mins read

Consultation launches on Leeds City Council’s annual budget proposals

Public consultation on Leeds City Council’s annual budget proposals to deliver an estimated £69.8million savings in the next financial year has now begun. The 2023/24 budget proposals include a proposed council tax increase of 4.99 per cent, with two per cent of that earmarked for Adult Social Care funding. A full press release on…
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Unexpected Significant Rises
14th October 2022
1 min read

Leeds City Council taking action to address unexpected £20.4million rising costs budget shortfall

Freezes on recruitment and non-essential spending are being undertaken by Leeds City Council as it looks to tackle additional budget pressures of £20.4million for this year caused by unexpected rising national costs. An updated report on the council’s financial position will be considered by senior councillors on the executive board at its meeting at…
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Real Living Wage
4th February 2022
3 mins read

Leeds City Council committed to supporting most vulnerable residents and frontline services as annual budget plans confirmed

Investing in new and improved ways of supporting vulnerable children and adults together with protecting frontline services are the key commitments in Leeds City Council’s annual budget plans to be confirmed this month. Those elements underpin the annual budget for 2022/23, which will be considered by senior councillors at the executive board meeting next…
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Leeds City Council Budget
17th December 2021
3 mins read

Leeds City Council sets out annual budget proposals to deliver estimated £65.4million savings needed in next financial year

Leeds City Council has put forward its annual budget proposals to achieve the estimated £65.4million it needs to save in the next financial year. With the city responding and adapting to changes caused by the Covid-19 pandemic, costs and demand pressures continue to rise especially in services providing care for vulnerable children, young people…
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