How has the Met closed a £150m funding gap in one year?
In the Mayors final budget for 2025-26, the Metropolitan Police Service (MPS) had anticipated that £159 million of ‘savings yet to be identified’ were required in 2026-27.1
Through a combination of the estimated additional funding from the Spending Review 2025, savings delivered through managing the balance sheet and after accounting for new pressures on pay and significant MPS transformation programmes, this has been reduced to £20 million for the 2026-27 budget.2
Tomorrow, the London Assembly Budget and Performance Committee will meet to scrutinise the draft 2026-27 budget for the Mayor’s Office for Policing and Crime (MOPAC), and will speak to the Met about its plans for funding services in the midst of significant changes to services, to meet the budget gap
The guests are:
- Kaya Comer-Schwartz, Deputy Mayor, Policing and Crime
- Amana Humayun, Chief Finance Officer and Director of Corporate Services, MOPAC
- Lib Peck, Director, Violence Reduction Unit
- Dan Worsley, Chief Finance Officer, MPS
- Clare Davies, Chief People and Resources Officer, MPS
The meeting will take place on Wednesday 10 December 2025 from 10am in the Chamber at City Hall, Kamal Chunchie Way, E16 1ZE.
Media and members of the public are invited to attend.
The meeting can also be viewed LIVE or later via webcast or YouTube.
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Notes to editors
- GLA, 2025-26 GLA Budget, P23, March 2025
- MOPAC, MOPAC budget submission 2026-27, P10, 21 November 2025
- Neil Garratt AM, Chairman of the Budget and Performance Committee, is available for interview.
- Find out more about the work of the Budget and Performance Committee.
- Read the agenda in full.
- As well as investigating issues that matter to Londoners, the London Assembly acts as a check and a balance on the Mayor.
For more information, please contact Tony Smyth in the Assembly Media Office on 07763 251727 or [email protected]. For out of hours media enquiries please call 020 7983 4000 and ask for the Assembly duty press officer.