Wirral Council’s net debt has risen by £233m in six months due in part to spending on Public Finance Initiatives (PFI).
A report on the council’s finances shows that between September 2024 to March 2025 there was a £25m increase in spending on PFIs, £73m in borrowings, and a drop of £8m in investments from £41m to £33m.
Around £152m of the £233m increase in net debt was due to changes to PFI liabilities and accounting rules.
