Tower Hamlets: year on year
How spending changed between financial years (April to March), and against other London councils.
Spend by financial year
| Year | Spend | Payments | Change | |
|---|---|---|---|---|
| 2025/26 So far | £948.8m | 63,732 | — | |
| 2024/25 | £747.1m | 55,726 | −15.2% | |
| 2023/24 | £881.1m | 71,486 | +19.7% | |
| 2022/23 | £736.0m | 66,871 | +11.4% | |
| 2021/22 | £660.6m | 57,599 | +58.8% | |
| 2020/21 | £415.9m | 53,651 | — | |
| 2019/20 Part year | £101.0m | 24,065 | — |
Against other London councils, 2024/25
Spend£747.1m 13th of 30
Payments55,726 23rd of 30
Average payment£13.4k 6th of 30
Top 10 suppliers’ share20% 27th of 30
Biggest categories, 2024/25 against 2023/24
| Category | 2023/24 | 2024/25 | Change |
|---|---|---|---|
| Third Party Payments - Dwelling Rents | £34.4m | £44.5m | +29.5% |
| Social Care - Homecare | £46.8m | £39.7m | −15.1% |
| System Interface Control Account - Agency Staff Interface | £39.4m | £38.3m | −2.7% |
| Social Care - Residential Care | £23.2m | £21.5m | −7.3% |
| Payments to Private Contractors - Other Contractors | £25.1m | £19.3m | −23.2% |
| Other External Fees - Consultants Fees | £46.8m | £19.0m | −59.4% |
| Third Party Payments - Voluntary Associations | £19.1m | £18.3m | −4.3% |
| School Bank Account - Phoenix | £17.8m | £15.6m | −12.4% |
| Social Care - Supported Living | £12.8m | £13.7m | +7.5% |
| Third Party Payments - SEN Placement Funding | £15.5m | £13.2m | −15.2% |
| School Bank Account - Morpeth | £15.9m | £12.6m | −20.8% |
| School Bank Account - CFGS | £15.0m | £12.4m | −17.2% |
The five largest suppliers over time
Payments to Tower Hamlets's five largest suppliers
£0£19.7m£39.4m
2020/212021/222022/232023/242024/25
Show the figures
| Financial year | Matrix Scm Ltd | Tower Hamlets Schools Ltd | Phoenix School | Morpeth School | Central Foundation Girls School |
|---|---|---|---|---|---|
| 2020/21 | £2,705,250 | £15,234,960 | £0 | £39,000 | £6,000 |
| 2021/22 | £23,314,201 | £17,729,155 | £13,785,335 | £12,907,359 | £12,600,468 |
| 2022/23 | £32,911,923 | £18,932,310 | £13,042,730 | £12,193,520 | £11,836,729 |
| 2023/24 | £39,361,395 | £21,044,967 | £17,820,185 | £15,894,993 | £15,020,044 |
| 2024/25 | £38,301,387 | £17,002,583 | £15,588,270 | £12,592,121 | £12,435,677 |