Savings on this scale will inevitably mean reductions to London's services, unless the government delivers a funding boost.
London Councils warns that fast-rising inflation means boroughs need to make £400m of savings this year.
Thousands of Afghans have started new lives as Londoners.
The number of Londoners is likely to have been seriously undercounted.
London Councils is concerned that local services and economic recovery will be jeopardised without immediate new support.
Even with the support measures unveiled by the chancellor, boroughs are braced for many of their residents facing cost-of-living pressures.
94% of children due to start secondary school in London this September have been offered a place at one of their preferred schools, data published on National Secondary Offer Day 2022 by the Pan London Admissions Board reveals.
The government’s boost to local authority funding provides short-term relief but cannot disguise the extreme pressures town halls will continue to face.
The London Councils Grants Committee has agreed funding for a four-year pan-London grants programme to tackle homelessness and combat domestic and sexual abuse. This latest phase of the grants programme, which will run from 2022 to 2026, is funded by London boroughs on a cross-party basis and will provide support to London’s most vulnerable residents.
Boroughs are playing an instrumental role in delivering wraparound support to families living in hotels.