commercial borrowing

Woking needs ‘significant’ financial help from government – chief executive

News

15 Jun 23

The council “has no means of funding” its £1.2bn deficit, so must turn to Westminster to bail it out
Councils can borrow to make a return – if the investment is right for the area

Opinion

23 Feb 23

A local authority can borrow for commercial return, as long as it primarily benefits those people in the authority’s area, writes CIPFA’s Mark Williams.

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