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

Senior/Principal Regeneration Officer

Fareham Borough Council
£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

SEND Operations Coordinator

Essex County Council
£29512.0000 - £34720.0000 per annum
SEND Operations CoordinatorFixed Term, Full Time£29,512 to £34,720 per annumLocation
Recuriter: Essex County Council

Workforce Coordinator - Essex Shared Lives

Essex County Council
£28115.0000 - £33076.0000 per annum
Workforce Coordinator - Essex Shared LivesPermanent, Full Time£28,115 to £33,076 per annumLocation
Recuriter: Essex County Council

Youth Work Team Leader - Hospital Project

Essex County Council
£26924.0000 - £29644.0000 per annum
Youth Work Team Leader - Hospital ProjectFixed Term, Full Time£26,924 - £29,644 per annumLocation
Recuriter: Essex County Council

Community Project Coordinator

Durham County Council
Grade 9 £36,581 - £40,444
We are looking for an enthusiastic and proactive Community Project Coordinator to help deliver the Shildon and Newton Aycliffe Strategic Heritage Pla Durham
Recuriter: Durham County Council
Linkedin Banner