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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£36,581 - £45,529 (plus 15% market supplement once ASYE is completed)

As part of our ongoing improvement journey, we have invested significantly in creating the right environment for social workers to flourish. Middlesbrough, North Yorkshire

Recuriter: Middlesbrough Council