Martin Ford 14 May 2025

Debt hurdle remains for reorganisation plans

Debt hurdle remains for reorganisation plans image
Woking Borough Council office. © Tommy Lee Walker / Shutterstock.com.

Multi-billion pound debts remain a point of contention in reorganisation negotiations as the deadline passed for the first of the final plans to be submitted.

Two rival proposals for Surrey submitted to the Government on Friday both hinged on Woking BC's stranded debt being written off, but doubt continues over whether ministers will agree to such a move.

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