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3 May 22
Warrington Borough Council's credit rating has been cut due to its high debt and reliance on commercial income, according to ratings agency Moody’s.
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4 Apr 22
Warrington Borough Council is expected to receive all its investment back from its stake in failed energy firm Together Energy, which went bust in January, according to its administrators.
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7 Feb 22
Warrington Borough Council has done a U-turn on its treasury management strategy policy of avoiding minimum revenue repayments on its commercial investment properties, a move that will cost it...
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17 Jan 22
Warrington Borough Council is to write down the value of a stake in a business bank it bought in 2017 by millions of pounds.
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12 Jan 22
Warrington Borough Council has given the green light to on-lend £37.5m to a housing provider, whilst speculation continues over the future of its partly-owned company Together Energy.
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6 Jan 22
Together Energy, a company partly owned by Warrington Borough Council, could run out of funding by the end of this month, it has emerged.
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3 Nov 21
An energy company owned by Warrington Borough Council has delayed complying with an order to pay £12.4m to regulator Ofgem, running the risk of losing its licence to supply energy.
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26 Oct 21
Local authority owned energy companies reported cumulative losses of £114m in the last four years, according to new analysis.
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11 Oct 21
The trading position of an energy company partly owned by Warrington Borough Council is deteriorating amid soaring energy prices.
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27 Sep 21
External auditors for Warrington Borough Council are considering issuing a rare statutory recommendation in coming weeks over the way the authority has accounted for its investment properties.
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27 Aug 21
Warrington Borough Council has defended an investment loan made to a company owned by a billionaire, saying the finance is secured against assets.
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16 Aug 21
An energy company partly owned by Warrington Borough Council reported losses of close to £4m last year, according to data filed with Companies House.
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6 Aug 21
The value of Warrington Borough Council’s commercial property portfolio reached £510m last year, despite the financial slowdown relating to Covid-19.
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12 May 21
Torbay Council has outlined plans for a £1m community green bond, as it seeks to become the third authority to launch such an investment.
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1 Dec 20
The UK Municipal Bonds Agency has withdrawn a planned bond issuance with Warrington Borough Council after chancellor Rishi Sunak changed the terms of borrowing from the Public Works Loan Board.
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21 Aug 20
Warrington Borough Council is set to become the second authority to launch a community municipal investment, following West Berkshire in May.
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22 May 20
Warrington Borough Council is to consider plans for a ‘community municipal bond’ investment to help meet its climate targets, after West Berkshire approved a similar scheme earlier this month.
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22 Oct 15
Seven councils and two local enterprise partnerships have formed a new development zone intended to boost development around the route of the proposed High Speed 2 rail line.
3 May 22Warrington Borough Council's credit rating has been cut due to its high debt and reliance on commercial income, according to ratings agency Moody’s.
4 Apr 22Warrington Borough Council is expected to receive all its investment back from its stake in failed energy firm Together Energy, which went bust in January, according to its administrators.
26 Oct 21Local authority owned energy companies reported cumulative losses of £114m in the last four years, according to new analysis.
12 May 21Torbay Council has outlined plans for a £1m community green bond, as it seeks to become the third authority to launch such an investment.
22 Oct 15Seven councils and two local enterprise partnerships have formed a new development zone intended to boost development around the route of the proposed High Speed 2 rail line.
