Achievements so far
Since our last three year budget consultation in 2016, the council has saved £38m and helped attract new jobs and investment.
We have made our services more efficient by cutting red tape, negotiating better contracts and making better use of technology. We have also reduced our workforce by a third since 2010.
By attracting more business, employment and funding streams to Tower Hamlets, we can offset some of the savings required.
Last year, we generated £105m from commercial income, raised £31m from the sale of buildings and there are more opportunities to build on this using our assets.