Section 114 notices

Woking set for £785m exceptional financial support

News

29 Feb 24

Preliminary approval of an exceptional support package worth £785m will allow Woking Borough Council to set a balanced budget in 2024-25.
Council credit ratings cut amid a “materially deteriorated” financial position

News

27 Oct 23

Below-inflation funding and “consistently high” spending pressures have weakened the financial flexibility of councils and contributed to the credit rating downgrade of five authorities by Moody’s.

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