Dan Peters Paul Marinko 21 November 2024

Woking's debt hits £2.1bn

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.

#Debt #Funding #Finance

Analysis

Breaking down England's fiscal devolution plans

David Phillips of the IFS tells LocalGov why England's regional finance reforms are modest by global comparison and what ministers still need to get right.

Opinion

How mature is your contractor assurance process?

Discover how a contractor assurance maturity framework can help public sector organisations strengthen governance, improve visibility and manage risk.

Most Popular News

East Sussex council launches legal challenge to reorganisation plans

Norfolk pension fund claws back £498m from US corporate giants

Petition urges Khan to scrap Harry Potter Christmas lights over transphobia

Social care vacancies fall to lowest level in a decade

Rayner expected to send in commissioners to Bedford BC

New Products

Safeguarding Children - the AAT Way

MSL enhances hygiene auditing with air quality testing for Awaab’s Law compliance

Cadcorp launches Mapestry

Bolton Council Upgrades 120+ School Crossings with Smart CMS Control by Lucy Zodion

NEC CONTRACTS HAS GONE DIGITAL: PAPERLESS, TO GIVE YOU MORE

Vent-Axia Delivers Social Housing a Smart Ventilation Solution Ahead of Awaab’s Law

New remotely lockable cabinet will help manage medication for people with mental health issues

Case Studies

Acrospire's Heritage Lighting Upgrade at Britannia Quay Balances Performance and Ecology

Acrospire Improves Safety Across Greenwich Subways with LED Lighting Upgrade

Cornwall’s Coastal Heritage Lighting Upgraded with Acrospire Lanterns

Acrospire Delivers Durable Handrail Lighting Upgrade for Historical Landmark Jacob’s Ladder

Acrospire Delivers Seamless Heritage Lighting Upgrade on Bath’s North Parade Bridge

Acrospire Delivers Retrofit Lighting for Newbridge’s Joe Calzaghe Footbridge

Acrospire Delivers PIR-Controlled Lighting at Ruislip Lido Car Park

Company Anouncements

Siemens, Asset Management Software, Formerly Brightly Software, Expands Solutions Portfolio to More Connected Insights

Acrospire promotes LED retrofit for structurally viable lighting assets

Vent-Axia Welcomes the Future Homes Standard as Competency Takes Centre Stage

Apricorn Becomes First and Only Hardware-Encrypted USB Storage Device Manufacturer to Achieve AS9100 Certification

AAT helps Councils step up to address children’s social care

CU Phosco Approved as a Crown Commercial Service Supplier

Acrospire triumphs at the 2025 HEA Awards with Sustainable Project of the Year

Senior/Principal Regeneration Officer

£45,465 - £55,379

Our town centre regeneration is moving from planning to delivery, and we're looking for someone who wants to help make regeneration happen. Fareham, Hampshire

Recuriter: Fareham Borough Council

Crematorium and Site Manager

£33,673- £37,563

To lead a service that makes a difference when people need it most. Durham County Council is seeking an exceptional individual to manage the day-to- Durham

Recuriter: Durham County Council

Teaching Assistant

£26,016 - £26,847 pro rata

Temporary until 31st August 2027 initially with the view to extend the contract. 32.5 hours per week (8

Recuriter: Durham County Council

Democratic Services Officer - Tendring District Council

Up to £18.3900 per hour

Democratic Services Officer - Tendring District Council Tendring, Essex 37 Hours per Week, 4 Weeks Contract* £18.39 PAYE / £23.71 Umbrella Closing Dat England, Essex, Clacton-On-Sea

Recuriter: Essex County Council