Izzy Lepone 07 August 2025

Woking’s ‘historic debt’ to be reduced by Government

Woking’s ‘historic debt’ to be reduced by Government image
Woking Borough Council © Tommy Lee Walker / Shutterstock.com.

Financial support will be delivered to help Woking BC repay its debt, the Government has reiterated.

The move comes from Jim McMahon, Minister of State for Local Government and English Devolution, who confirmed the Government’s ‘commitment to financial assistance in advance of any reorganisation’ in a letter written to council leaders.

In a statement from Woking BC, the decision is said to benefit ‘both the council and its successor authority’ through financial assistance that will support ‘sustainable’ service delivery.

Cllr Dale Roberts, Deputy Leader and Portfolio Holder for Finance and Economy, said the council ‘welcome[s]’ the ‘renewed commitment to future financial support’.

‘It represents an important step towards addressing our historic debt position as part of wider discussions on the future structure of local government in Surrey.’

He added: ‘Whilst there is much still to be agreed, this announcement provides reassurance as we continue to work closely with government and other Surrey councils to secure a sustainable financial future for Woking and the best possible outcomes for residents.

‘We remain fully committed to delivering our Improvement and Recovery Plan, ensuring that Woking is in the strongest possible position ahead of any future changes.’

SIGN UP
For your free daily news bulletin
Highways jobs

Head of Democratic Services, Elections & Monitoring Officer

Harborough District Council
Grade 12 £67,236 – £71,223 plus £3000pa Statutory Officer Allowance
We are looking for an accomplished and proactive leader for our vacant post of Head of Democratic Services & Elections Market Harborough, Leicestershire
Recuriter: Harborough District Council

Chief Executive

Westmorland and Furness Council
£188,227
Join us on our journey Cumbria
Recuriter: Westmorland and Furness Council

Director, Local Government Reform and Devolution

Essex County Council
Up to £150,612pa
Shape the Future of Essex Chelmsford, Essex/Remots
Recuriter: Essex County Council

Senior bridge Engineer - WMF2212e

Westmorland and Furness Council
£47,181 - £48,226
You will be the key responsible engineer for this area and will also provide technical advice and guidance to our team Cumbria / Various
Recuriter: Westmorland and Furness Council

Lead Approved Mental Health Professional - WMF2213e

Westmorland and Furness Council
£56,883 - £59,198
Are you a passionate, experienced Approved Mental Health Professional Cumbria / Various
Recuriter: Westmorland and Furness Council
Linkedin Banner