Dan Peters Paul Marinko 21 November 2024

Woking's debt hits £2.1bn

Wokings debt hits £2.1bn image
Image: Tommy Lee Walker / Shutterstock.com.

Woking BC's commissioners have revealed its ‘spiral of debt' has reached £2.1bn and further intervention is needed, with capitalisation not providing a ‘sustainable solution'.

In their latest update report to ministers, the government-appointed commissioners revealed there was ‘no means by which the council can repay all the debt from its own resources'.

Visit The MJ (£) to continue reading.

SIGN UP
For your free daily news bulletin
Highways jobs

Technical Accountant - Epping Forest District Council

Essex County Council
£61754.0000 - £64265.0000 per annum
Essex County Council (ECC) are delighted to be supporting Epping Forest District Council in recruiting a Technical Accountant.Technical Accountant - E England, Essex, Epping
Recuriter: Essex County Council

Support Worker - Family Time and Support Service - North

Essex County Council
£26284.00 - £33256.00 per annum + + 26 Days Leave & Local Gov Pension
Support Worker - Family Time and Support Service - NorthPermanent, Full Time£26,284 to £33,256 Per AnnumLocation
Recuriter: Essex County Council

Family Support Worker - Children in Care

Essex County Council
£26284.00 - £33256.00 per annum + + 26 Days Leave & Local Gov Pension
Family Support Worker - Children in CareFixed Term, Full Time£26,284 to £33,256 Per AnnumLocation
Recuriter: Essex County Council

District Youth & Community Worker - Hospital Project

Essex County Council
£31885.0000 - £34708.0000 per annum
District Youth & Community Worker - Hospital ProjectFixed Term, Full Time£31,885 to £34,708 per annumLocation
Recuriter: Essex County Council

Educational Psychologist

North Yorkshire Council
£49,215 - £65,423
This is an exciting time within North Yorkshire Council’s Educational Psychology service. Harrogate, North Yorkshire
Recuriter: North Yorkshire Council
Linkedin Banner