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

Social Worker - Family Support and Protection, Mid Essex

Essex County Council
£38487.0000 - £51834.0000 per annum
Social Worker - Family Support and Protection, Mid EssexPermanent, Full Time£38,487.00 to £51,834.00 Per Annum Location
Recuriter: Essex County Council

Fostering Panel and Data Performance Advisor

Essex County Council
£55892.0000 - £69241.0000 per annum
Fostering Panel and Data Performance AdvisorPermanent, Part Time£55,892 to £69,241 to per annum (full time equivalent) Location
Recuriter: Essex County Council

Senior Practitioner - Emergency Duty Service

Essex County Council
£48205.0000 - £57988.0000 per annum
Senior Practitioner - Emergency Duty ServicePermanent, Full Time£48,205 to £57,988 per annumLocation
Recuriter: Essex County Council

Swim Teacher

Durham County Council
£27,274 (£14.14 p.h.) - £29,542 (£15.31 p.a.) pro rata
Durham County Council are looking for several enthusiastic Swim Teachers to join our team, across Durham County Council leisure centres. Casual, dayt Durham
Recuriter: Durham County Council

Maintenance Manager Street Lighting

Durham County Council
£39,481 - £43,149
Are you an experienced electrical or highways professional with strong leadership skills and a passion for delivering safe, high-quality services? We Durham
Recuriter: Durham County Council
Linkedin Banner