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'.

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#Debt #Funding #Finance

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Head of Early Years and Early Help

£90,126 - £98,319

Merton is an Ofsted rated ‘Outstanding’ authority—yet it is our ambition, our humility, and our drive to keep learning that truly define us. Merton, London (Greater)

Recuriter: London Borough of Merton