Warrington Council Seeks £354 Million Government Loan to Avoid Bankruptcy

Warrington council has requested a £354 million loan from the government to prevent bankruptcy, following years of warnings regarding the debt-laden authority's high-risk investments.

18 Feb, 15:05 — 18 Feb, 15:05

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FTVery High189d ago

Warrington council asks for £354mn from government to avoid bankruptcy

Request for loan follows years of warnings over debt-laden authority’s high-risk investments

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Warrington Council Seeks £354 Million Government Loan to Avoid Bankruptcy

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Warrington council asks for £354mn from government to avoid bankruptcy

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