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

Group Manager

North Yorkshire Council
£58,239 - £67,030
A welcome from the Corporate Director of Children and Young People Northallerton, North Yorkshire
Recuriter: North Yorkshire Council

Group Manager (FAST)

North Yorkshire Council
£58,239 - £67,030
A welcome from the Corporate Director of Children and Young People Northallerton, North Yorkshire
Recuriter: North Yorkshire Council

Senior Practitioner - Leaving & Aftercare, North Essex

Essex County Council
£48205 - £57988 per annum
Interviews will be held W/C 25th May 2026.Essex County Council understand how important flexibility and wellbeing is for our colleagues working acros England, Essex, Colchester
Recuriter: Essex County Council

Group Manager (FAST)

North Yorkshire Council
£58,239 - £67,030
A welcome from the Corporate Director of Children and Young People Northallerton, North Yorkshire
Recuriter: North Yorkshire Council

Technician (Accident and Data)

Derbyshire County Council
Grade 8 £29,719 - £31,691 per annum
This dedicated team monitors, investigates, and analyses road traffic collisions and collision data. Matlock, Derbyshire
Recuriter: Derbyshire County Council
Linkedin Banner